
Network 18 Media & Investments Ltd Approves Scheme of Amalgamation with News18 Marathi
Network 18 Media & Investments Ltd, a prominent broadcaster of general and business news channels, has approved a scheme of amalgamation under Sections 230 to 232 of the Companies Act, 2013. The merger involves the consolidation of operations of Marathi news channel by merging News18 Marathi, a wholly owned subsidiary, with the company. The appointed date for the scheme is April 1, 2026. The merger is a related party transaction at arm’s length and will not result in any change in the shareholding pattern of the company. The turnover and total assets of the company and News18 Marathi as on March 31, 2025 are 2,206.87 crore and 8,317.51 crore, and 43.02 crore and 19.92 crore respectively. The scheme is subject to necessary statutory and regulatory approvals.
Key Highlights
- Network 18 Media & Investments Ltd approves scheme of amalgamation with News18 Marathi
- Merger of wholly owned subsidiary News18 Marathi with the company
- Consolidation of operations of Marathi news channel
- No change in the shareholding pattern of the company
- Subject to necessary statutory and regulatory approvals