AdCounty Media trades higher on acquiring 99.95% stake in Adaxx Adtech & Media LLP
AdCounty Media India is currently trading at Rs. 122.00, up by 1.95 points or 1.62% from its previous closing of Rs. 120.05 on the BSE.
The scrip opened at Rs. 116.00 and has touched a high and low of Rs. 122.50 and Rs. 115.50 respectively. So far 17600 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 282.00 on 23-Sep-2025 and a 52 week low of Rs. 100.00 on 02-Jan-2026.
Last one week high and low of the scrip stood at Rs. 128.00 and Rs. 115.50 respectively. The current market cap of the company is Rs. 274.51 crore.
The promoters holding in the company stood at 65.52%, while Institutions and Non-Institutions held 2.24% and 32.24% respectively.
AdCounty Media India has acquired a 99.95% stake in Adaxx Adtech & Media LLP on March 02, 2026, by way of capital contribution. Consequent to the aforesaid acquisition, Adaxx Adtech & Media LLP has become a subsidiary of the Company for the purpose of consolidation under applicable Accounting Standards (Ind-AS).
The acquisition is in line with the company’s strategy to expand and strengthen its advertising and media services business. It complements the existing line of business of the company. Cost of acquisition is Rs 10 crore.
