PPG International Limited entered into a share purchase agreement to acquire 51.3% stake in Mediaone Global Entertainment Limited (BSE:503685) from Shripathee Investments Private Limited for INR 15.1 million on July 29, 2022. As per the agreement, PPG International shall acquire 7.6 million shares for INR 2 per share. In a related transaction, PPG International Limited made an offer to acquire 26% stake in Mediaone Global Entertainment Limited on July 29, 2022.

PPG International Limited completed the acquisition for 51.3% stake in Mediaone Global Entertainment Limited (BSE:503685) from Shripathee Investments Private Limited on July 29, 2022