Acquisitions17 Jul 2026, 07:50 pm
NDTV Acquisition of GoodTimes Channel Delayed by 3 Months
AI Summary
New Delhi Television Ltd (NDTV) has announced a further delay in the acquisition of the business undertaking comprising the "GoodTimes" Channel from Lifestyle & Media Broadcasting Limited. The transaction, initially disclosed on June 18, 2026, is now expected to be completed within approximately three additional months. The consummation of the deal is contingent upon receiving applicable statutory and regulatory approvals, as well as fulfilling customary conditions precedent. This update provides a revised timeline for the acquisition process.
Key Highlights
- Acquisition of GoodTimes Channel faces further 3-month delay.
- Transaction subject to regulatory approvals and conditions precedent.
- Original disclosure for acquisition was made on June 18, 2026.
- NDTV is acquiring the business undertaking of the channel.
Price Impact
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