M&A Critique
Diligent-Media-Corporation-Non-Cash-Capital-Reduction-Scheme

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Diligent Media Corporation’s Preference Shares: Journey to the End

Diligent Media Corporation Limited has undergone several strategic restructurings since its formation in 2005 as a joint venture between the Essel Group and Bhaskar Group. Following the exit of Bhaskar Group in 2012, the Company consolidated under Zee Media Corporation Limited and subsequently undertook a major realignment of its print business through a demerger and merger arrangement in 2017. The restructuring culminated in the Company’s listing and later transition...

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Aniruddha Jain