Network18 Media & Investments Limited has informed the Exchange about Amalgamation/Merger
NETWORK18 · price
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The Board of Network18 has approved a scheme to merge its wholly-owned subsidiary News18 Marathi Private Limited (formerly IBN Lokmat News Private Limited) into the company, with an appointed date of April 1, 2026. Since News18 Marathi is fully owned by Network18, no cash or shares will be exchanged and there will be no change in the company's shareholding pattern. News18 Marathi runs a Marathi news channel and contributed Rs 43.02 crore in turnover and Rs 19.92 crore in total assets as of March 31, 2025, compared to Network18's Rs 2,206.87 crore turnover and Rs 8,317.51 crore in total assets. The merger is aimed at consolidating the Marathi news operations within the parent company. The scheme is subject to statutory and regulatory approvals, including NCLT.
This is a routine internal restructuring with no financial impact on shareholders — no shares are being issued and no cash is being paid. It simplifies the group structure by folding a small subsidiary (under 2% of the company's turnover) into the listed entity, and will only become effective after NCLT and other approvals.