Amagi Media Labs Limited
Tata Mutual Fund bought 446,433 shares of Amagi Media Labs Limited for ₹25.00 Cr at ₹560.00 apiece in a block deal. Shares of Amagi Media Labs were trading at ₹599.85 on the day of the trade.
A cloud-based media technology company, Amagi Media Labs provides broadcast and connected TV solutions to content distributors and broadcasters across the globe. The company operates a software-as-a-service platform that enables video delivery, advertising, monetization, and content management across linear television and streaming channels. Founded in 2008, it serves media companies seeking to modernize their distribution infrastructure and reach audiences efficiently.
AMC subsidiary of the Tata Group, India's most diversified conglomerate. Manages over Rs 1.8 lakh crore with a wide range of equity, debt and hybrid schemes. Part of the broader Tata Capital financial services ecosystem. Tata Small Cap Fund and Tata Digital India Fund have been among the most popular thematic and segment-specific equity offerings.