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.
