NDTV Acquires GoodTimes Channel Business for Up to ₹18 Cr

New Delhi Television Limited (NDTV) has entered into an Asset Purchase Agreement to acquire the business undertaking of the 'GoodTimes' channel from Lifestyle & Media Broadcasting Limited. The acquisition, valued at a lump sum consideration of up to ₹18 crore on a cash-free, debt-free basis, is subject to regulatory approvals, including from the Ministry of Information and Broadcasting. The deal is expected to close within approximately three months. This strategic move aims to strengthen NDTV's market positioning, diversify its capabilities, and enhance long-term stakeholder value. The Seller is a joint venture of NDTV, making it a related party, but the transaction is conducted on an arm's length basis.