Tuesday, Jul 05, 2022
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Adani Group Incorporates Wholly-Owned Subsidiary For Media-Related Business

The company has incorporated AMG Media Networks Limited on April 26th, 2022, to carry on the business of media-related activities, including...publishing, advertising, broadcasting, distributing, etc. of content over different types of media networks

Gautam Adani.
Gautam Adani.

Adani Enterprises Ltd (AEL) on Wednesday announced the incorporation of its subsidiary AMG Media Networks.

The wholly-owned subsidiary (WOS) will start its business operations in due course.

"The company has incorporated a WOS namely, AMG Media Networks Limited on April 26th, 2022, with an initial authorized and paid-up share capital of Rs 1,00,000 each to carry on the business of media-related activities, including...publishing, advertising, broadcasting, distributing etc. of content over different types of media networks," AEL said in a filing to BSE.

AEL, a flagship company of Adani Group, is one of the country's leading business houses. 

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