TV18 Broadcast Merger - Key Points for Investors

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TV18 Broadcast Limited is undergoing a significant corporate restructuring through a Composite Scheme of Arrangement. This move involves the merger of e-Eighteen Limited with TV18 Broadcast Limited and Network18 Media & Investments Limited. The restructuring plan aims to transfer TV18’s News & Current Affairs TV channel licenses to Network18, creating a more streamlined and focused media conglomerate.

The key objective of this restructuring is to enhance the operational efficiency and growth potential of both companies. By separating specific business lines, Network18 can focus on expanding its media offerings, while TV18 can streamline its operations. This will allow each entity to target its own market strategies more effectively and attract relevant investors. The move is also expected to unlock value for shareholders and optimize the overall corporate structure.

Shareholders of TV18 Broadcast Limited will benefit from this arrangement by receiving equity shares in Network18. Under this arrangement, for every 172 shares of TV18, shareholders will receive 100 equity shares of Network18. The record date for determining the shareholders eligible for these new shares is October 16, 2024.

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when should network 18 shares reflect in our demat as tv18 shares are gone today

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@Vineet For these type of corporate actions, it is difficult to estimate the time as they are purely based on the company’s policies and plans. However, you will get intimation from the CDSL and communication from the company / RTA on this.

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when can we trade tv18 share ? is this suspended?

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It’s like share has gone for TV18
Can’t take any action on that
IPO process is much faster than this TV18 to Network18 transision…
And company also didn’t provided proper information to investor on the timelines.