Announced Fri, 19 Jun · 20:38 IST
MIB approves change in ENIL's largest Indian shareholder to THPL
Strategic Transactions View source PDF
ENIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹110.55
prior close
₹111.99
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.2+2.3+1.7-2.3-2.8-2.2-4.1-4.3-4.1-4.1-2.7——
Up moveDown movePending
AI summary
The Ministry of Information and Broadcasting has approved the change in ENIL's largest Indian shareholder from promoter Bennett Coleman and Company (BCCL) to Times Horizon Private Limited (THPL), a wholly owned subsidiary of BCCL. This is part of an ongoing reorganization between BCCL and THPL through a scheme of arrangement, with earlier disclosures from September 2025 and February 2026. MIB issued its approval letter on 19 June 2026.
Likely market impact
Procedural regulatory approval. Ultimate promoter control via BCCL stays unchanged as THPL is BCCL's wholly owned subsidiary. Watch for next steps in the scheme.