
Merger23 Oct 2026, 09:50 pm
Network 18: NCLT Sanctions Amalgamation of News18 Marathi with Parent
AI Summary
Network 18 Media & Investments Ltd announced that the National Company Law Tribunal (NCLT), Mumbai Bench, has sanctioned the Scheme of Amalgamation of its wholly-owned subsidiary, News18 Marathi Private Limited, with the Company. This sanction follows a previous disclosure made on March 25, 2026. The amalgamation will become effective once all conditions precedent stipulated in the Scheme are fulfilled. This move is part of the company's ongoing corporate restructuring efforts.
Key Highlights
- NCLT has sanctioned the amalgamation scheme.
- News18 Marathi Private Limited will merge with Network 18.
- The scheme's effectiveness is subject to fulfillment of conditions.
- This is a corporate restructuring update.
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