TV18 Broadcast Limited (TV18) has announced the completion of the merger with Network18 Media & Investments Limited (Network18). The Ministry of Information and Broadcasting has approved the transfer of TV18’s news channel licenses to Network18. Network18 will issue 100 equity shares for every 172 shares of TV18 held by shareholders other than Network18. The Record Date for determining eligible shareholders is Wednesday, October 16, 2024.
Viacom 18 and Disney star merger also expected to complete by Diwali – Interesting to read updated annual report and stake holding of network 18 in new Disney merger
Hope shareholders get some value – Ambani famous for not creating any wealth for its shareholders
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