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HT Media LimitedJV/Acquisition, 04-02-2025: Acquisition

04-02-2025 | 01:23 pm

HT Media has approved a strategic investment of up to ₹11 crore in its wholly owned subsidiary, Mosaic Media Ventures Private Limited. This investment aims to bolster Mosaic's operations in news and research dissemination, enhancing its capabilities in serving business and public sectors. Concurrently, the company has allotted 24,835 equity shares to shareholders of HT Mobile Solutions Limited following its merger with HT Media, increasing the total paid-up equity capital to ₹46.55 crore. The merger was executed as part of a broader strategy to streamline operations and improve market positioning.

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