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Company details

3.60
3.95
1.68
5.14
6M Return 74.88%
1Y Return 41.35%
Mkt Cap.(Cr) 44.26
Volume 30,938
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 30,938

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EMA SMA

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Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

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Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: -118.73 Cr FV: 1.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 1,086.92 31,630.28
LAST 3M 26,106.69 27,748.51
LAST 6M 51,912.10 30,983.40
LAST 12M 200,397.72 -159,835.95
  • Announcement
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Date Action Type Ratio
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Information

  • About Company
  • Company Info
  • Listing Info
2.05
62.17%
-41.0347
-2.88%
3.53%
Description
  • Diligent Media Corporation Ltd was incorporated in the State of Maharashtra on 17th February 2005, as a Joint Venture between Essel Group and Bhaskar Group, India`s leading media giants and began its journey with launch of Mumbai edition of Daily News Analysis (DNA), an English daily broadsheet, in July 2005. Bhaskar group exited the JV in 2012, after which the Company was consolidated under Zee Media Corporation Limited, an Essel Group Company, as a step-down subsidiary. With the changes in regulatory landscape and considering the scale achieved, the Print media business was demerged and consolidated independently under the Company as a part of strategic move. The company is presently involved in printing, publication and distribution of newspapers and printing of books and other periodicals businesses. The restructuring was affected through a Scheme of Arrangement and Amalgamation that was approved by the Mumbai Bench of Hon`ble National Company Law Tribunal (NCLT) by its order dated 8th June 2017. Under the scheme, the Print Media Undertaking of Zee Media Corporation Limited along with its equity investment in 2 print media subsidiaries viz. Mediavest India Pvt Ltd and Pri-Media Services Pvt Ltd, was demerged and vested with the Company and upon such vesting, the said print Media subsidiaries viz. Mediavest India Private Limited and Pri-Media Services Private Limited got amalgamated with the Company with effect from Appointed Date of April 1, 2017. Accordingly, the entire Print Media business comprising of Printing & Publication of `DNA` Newspaper and Marathi Magazine `Zee Marathi Disha` along with Digital News Media business was vested with the Company. As per the Scheme, the entire pre-Scheme Paid-up Equity Share Capital of the Company was cancelled and in consideration of the Demerger of Print Media Undertaking, then Company had issued and allotted an aggregate of 11,77,08,018 Equity Shares of Re.1 each to the Shareholders of Zee Media Corporation Limited. The shares of the Company got listed and commenced trading on BSE Limited and National Stock Exchange of India Limited on and from December 11, 2017. The Company discontinued its printing and publication business since October 2019. During the year 2021, the Company had arrived at settlement with the workers at the printing press and initiated steps for completion of necessary formalities for executing such Settlement Agreement. Now the company concentrates its efforts to build and grow its Online News Media business. Pursuant to the Shareholders approval at the AGM held on September 19, 2019, the Company management has taken active steps for selling Printing Press assets including Land, Building and Plant & Machinery. During the year 2021, the Company had arrived at settlement with the workers at the printing press and initiated steps for completion of necessary formalities for executing such Settlement Agreement. During the year 2021, Zee Media Corporation Limited, the Corporate Guarantor for Company`s outstanding Non-convertible Debentures (NCDs) & erstwhile Holding Company of the Company, discharged Company`s NCD liability at total consideration of Rs. 290 Crores. Consequently, the said NCDs stood redeemed, and Company is now liable to pay Rs. 290 Crores to Zee Media Corporation Ltd. As a part of business strategy, the Company proposes to enter into Revenue Sharing Arrangement for Digital Media business with Rapidcube Technologies Pvt Ltd, a related party. Other than content creation, it proposes to avail the services from Essel Infraprojects Limited and Digital Subscriber Management and Consultancy Services Private Limited, respectively.

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No Data Found

AGM Date (Month) : Dec
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 540789
NSE Code : DNAMEDIA
Book Closure Date (Month) :
BSE Group : B
ISIN : INE016M01021

ICICIdirect Diligent Media Corporation Ltd FAQ

You can buy Diligent Media Corporation Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Diligent Media Corporation Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Nov 28, 2022 09:55 AM the closing price of Diligent Media Corporation Ltd was ₹ 3.76.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Nov 28, 2022 09:55 AM, the market cap of Diligent Media Corporation Ltd stood at ₹ 44.26.
The latest PE ratio of Diligent Media Corporation Ltd as of Nov 28, 2022 09:55 AM is 2.05
The latest PB ratio of Diligent Media Corporation Ltd as of Nov 28, 2022 09:55 AM is -10.94
The 52-week high of Diligent Media Corporation Ltd is ₹ 5.14 while the 52-week low is ₹ 1.68 .

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