Legal7 Dec 2024, 06:49 pm
JMD Ventures Denies Fake News of Rs. 30.00 Crore Investment in OTT Business
AI Summary
JMD Ventures Ltd has issued a caution notice for investors regarding fake news circulating on social media and in leading newspapers about a Rs. 30.00 Crore investment in its OTT business. The company has clarified that it has not made any such investment or informed BSE or any business channel/social media about such developments. Investors are advised to be cautious while dealing in the company's shares based on such fake news.
Key Highlights
- JMD Ventures denies fake news of Rs. 30.00 Crore investment in OTT business
- Company has not informed BSE or any business channel/social media about such developments
- Investors advised to be cautious while dealing in the company's shares based on such fake news
- Company's OTT platform focuses on fresh, relatable, and impactful storytelling
- JMD Ventures is a key player in India’s entertainment landscape