
Shareholding2 Sept 2026, 10:55 am
Times Horizon Acquires 71.15% Stake in Entertainment Network (India)
AI Summary
Times Horizon Private Limited (THPL) and associated entities have disclosed a substantial acquisition of 71.15% of the voting rights in Entertainment Network (India) Limited. This acquisition was executed through a composite scheme of arrangement not involving the Target Company directly. The disclosure is made in compliance with Regulation 10(6) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing includes signatures from representatives of THPL, Sanmati Properties Limited, Arth Udyog Limited, and TM Investments Limited, indicating a significant change in the shareholding structure of Entertainment Network (India) Ltd.
Key Highlights
- Times Horizon Pvt Ltd acquired 71.15% voting rights.
- Acquisition follows a composite scheme of arrangement.
- Disclosure made under SEBI Takeover Regulations.
- Significant change in Entertainment Network's shareholding.
Price Impact
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