AMG Media Networks Ltd increases stake in IANS

AMG Media Networks Limited ("AMNL"), a wholly owned subsidiary of Adani Enterprises Ltd has increased its stake in IANS India Private Limited ("IANS"), by subscribing to fresh shares issued by IANS.

The allotment of above shares was approved by the Board of IANS at it's meeting held on 16th January, 2024 and the certified true copy of the said board resolution was received by the Company on 17th January, 2024 at 08:08 hours.

IANS is incorporated in India and registered with the Registrar of Companies, Delhi at Delhi on 26th December, 1994.

Shares of Adani Enterprises Limited was last trading in BSE at Rs. 3057.30 as compared to the previous close of Rs. 3089.50. The total number of shares traded during the day was 127860 in over 8337 trades.

The stock hit an intraday high of Rs. 3104.60 and intraday low of 3035.10. The net turnover during the day was Rs. 391943755.00.

Source : Equity Bulls

Keywords

AdaniEnterprises INE423A01024 Investment StakeIncrease