HT Media has received approval for investment of upto Rs 5 crore by subscribing to the equity shares of Mosaic Media Ventures (Mosaic), wholly owned subsidiary of the company. Under this investment, the company has proposed to acquire 50,00,000 equity shares of face value of Rs 10 per share of Mosaic. The board of directors of the company at their meeting held on May 29, 2026 has approved the same.
This investment is being made to financially support its wholly owned subsidiary. The said transaction is to be completed within 12 months from the date of Board approval.
HT Media is engaged in print media, electronic media and also conducts several marketing events. It owns one of the leading newspaper Hindustan Times printed in Hindi and English languages.
| Company Name | CMP |
|---|---|
| D.B. Corp | 204.05 |
| Navneet Education | 141.25 |
| Jagran Prakashan | 78.20 |
| HT Media | 22.65 |
| Hindustan Media Vent | 77.37 |
| View more.. | |
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