Alan Scott Enterprises to Acquire 60.00% Stake in Web3 Company Metastar Media for INR 2,74,40,000

Alan Scott Enterprises Ltd. has approved the acquisition of an additional 60.00% equity shares of Metastar Media Private Limited, a company operating in the Web3 space. Post-acquisition, Metastar will become a subsidiary of Alan Scott Enterprises. The transaction, valued at INR 2,74,40,000, is expected to bolster the company's presence in the Web3 domain and drive growth and innovation in the digital engagement and monetization landscape. Metastar operates the unique platform Artisteverse.in, designed to enable independent artists to engage directly with their fans and monetize their work. The platform currently hosts renowned celebrities and is at an exciting phase of growth, continually adding more artists and exploring new monetizing opportunities.