MIB Approves Transfer of 14 TV Channel Permissions to THPL

Entertainment Network (India) Ltd announced a significant update regarding a proposed reorganisation involving its promoter, Bennett Coleman and Company Limited (BCCL), and its wholly owned subsidiary, Times Horizon Private Limited (THPL). The Ministry of Information and Broadcasting (MIB) has approved the transfer of permissions for uplinking and downlinking of 14 TV channels, 04 DSNGs, and 1 teleport from BCCL to THPL. This move is part of a larger scheme of arrangement between BCCL and THPL, building upon previous disclosures made by the company.