Adani Enterprises sets up wholly-owned subsidiary called AMG Media Networks

According to the Registrar of Companies (RoC), AMG Media Networks has three directors — Pranav Vinod Adani , director at Adani Enterprises, Sanjay Pugalia, CEO & editor-in-chief, Media Initiatives, Adani Enterprises and Sudipta Bhattacharya, the chief technology officer of the Adani Group.

The company, as per its memorandum of association, will develop content for a range of platforms and media. In March, Quintillion Business Media Private Ltd, an indirect subsidiary of Quint Digital had said that Adani Group will acquire a minority stake in it. QBM runs Bloomberg Quint.