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Diligent Media Corporation
4.
49
-0.22
(-4.67%)
Market Cap
₹52.90 Cr
PE Ratio
5.71
Industry
Media
Buy
Sell
Company Performance:
1D
-4.67%
1M
-4.47%
6M
-10.38%
1Y
-19.10%
5Y
+716.36%
View Company Insights
Latest news about Diligent Media Corporation
Diligent Media Corporation Approves ₹436 Crore Preference Share Capital Reduction Scheme
9 days ago
Diligent Media Corporation's Board has approved a financial restructuring plan involving the cancellation of 4.36 billion preference shares worth ₹436.26 crore. The scheme includes adjusting ₹173.40 crore against outstanding Inter Corporate Deposit Agreements and reducing the remaining ₹262.86 crore. This move will significantly alter the company's share capital structure, reducing it from ₹448.03 crore to ₹11.77 crore post-implementation. The plan aims to streamline capital structure, preserve liquidity, reduce future liabilities, and avoid potential litigation costs, while maintaining the existing equity shareholding pattern.
Diligent Media Reports Loss in Q1, Appoints New CEO and Senior Management
Jul 30, 2025
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