New Delhi Television Limited has informed the Exchange about Receipt of Confirmation Order from Regional Director in the matter of Scheme of Amalgamation under Section 233 of the Companies Act, 2013
NDTV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
NDTV has informed the stock exchange that it has received a Confirmation Order from the Regional Director in connection with its Scheme of Amalgamation filed under Section 233 of the Companies Act, 2013. Section 233 provides a fast-track merger route typically used for mergers between holding companies and their wholly-owned subsidiaries or between certain small companies. The Confirmation Order means the Regional Director has officially approved the amalgamation scheme after review. No specific financial figures or counterparty details are disclosed in this headline. This is a key regulatory step that moves the amalgamation closer to becoming effective.
This is a positive procedural development for the amalgamation process, confirming regulatory approval and reducing uncertainty around the merger. Shareholders should monitor for further updates on the effective date and share swap ratio of the scheme.