TV Today Network Limited has informed the Exchange about update on acquisition of 100% shares of Romesh Films Private Limited.
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Awaiting price reaction for this filing.
TV Today Network Limited has completed the acquisition of 100% equity shares (4,65,010 shares of face value Rs. 100 each) of Romesh Films Private Limited. Following the share transfer completed on September 25, 2025, Romesh Films has become a wholly owned subsidiary of TV Today Network. The acquisition was originally agreed via a Share Purchase Agreement, and the initial intimation was filed with the exchanges on July 25, 2025. This update confirms the deal closure and the subsidiary status of Romesh Films under the TV Today Network umbrella.
This acquisition strengthens TV Today Network's business portfolio by adding Romesh Films as a wholly owned subsidiary, which may enable operational synergies within the India Today Group. For shareholders, the deal is now closed and the financial impact will depend on Romesh Films' contribution to consolidated revenues and profits in upcoming quarters.