US EditionNetwork18 sells entire stake in Media18 distribution to Prakhar Commercials
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Network18 sells entire stake in Media18 distribution to Prakhar Commercials
Network18 has announced the sale of its entire stake in Media18 Distribution Services Limited, a wholly-owned subsidiary, to Prakhar Commercials Private Limited (PCPL). The development was disclosed in a regulatory filing on Monday. The transaction involved the transfer of 10,000 equity shares, each valued at ₹10, amounting to a total deal value of ₹1 lakh. Following the completion of the sale, Media18 Distribution Services Limited ceases to be …
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