Deccan Chronicle Holdings (DCHL) is engaged in printing and publishing newspaper and periodicals. The company was incorporated on Dec. 16, 2002. The company merged Deccan Chronicle and Nandi Publishers with itself with effect from April 1, 2003. The company publishes seven editions of Deccan Chronicle in Andra Pradesh printed from Hyderabad/Secunderabad, Vijayawada, Rajamundry, Vishakapatnam, Anantapur, Karimnagar and Nellore. It also publishes Telugu daily, weekly and monthly editions of Andhra Bhoomi. In the year ended March 2007, the company`s circulation revenue increased by 21.79% and ad space sold by 49.60%. The company has a modern printing facility at Kondapur, Hyderabad, which has ability to print 16 color pages per copy. The company has approved a capex plan of Rs 250 million for setting up an edition/print facility in Bangalore. The company launched its Chennai edition in the month of March 2005 to strengthen its base in south India. The company has also increased its stake in the Asian Age, another English news daily, to a majority 90%. In 2007, Sieger Solutions was incorporated as a 100% subsidiary of the company to engage in the business of buying and selling advertisement space and to explore alternate media space. Now, the company has three subsidiaries, namely Odyssey India, Sieger Solutions and Asian Age Holdings. Deccan Chronicle will launch its edition in Bangalore by March 2008 The registered office is at 6-3-898, Raj Bhavan Road, Somajiguda, Hyderabad 500082, Andhra Pradesh and corporate office at 36, Sarojini Devi Road, Secunderabad 500003.
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