Network18 Media & Investments Limited (NETWORK18) — Board Meeting

1 Board Meeting 🟡 Notable Neutral 📄 PDF

📢 Key Event
Board approves amalgamation of News18 Marathi subsidiary with Network18.

🔄 What Changed
News18 Marathi (₹43.02 crores turnover) merges into parent; no financial consideration paid; no shareholding dilution.

🔮 What's Next
Appointed date: April 1, 2026; scheme subject to statutory and regulatory approvals.

💡 Investor Takeaway
The merger consolidates the Marathi news channel operations within Network18 without diluting shareholder stakes or requiring cash outlay.

Network18's board approved amalgamation of its wholly-owned subsidiary News18 Marathi Private Limited with the parent company, effective April 1, 2026. News18 Marathi operates a Marathi news channel with ₹43.02 crores turnover and ₹19.92 crores assets (as of March 31, 2025), compared to the company's ₹2,206.87 crores turnover and ₹8,317.51 crores assets. No cash consideration or share issuance occurs; shareholding remains unchanged. The merger consolidates regional news operations under one entity.

2 Board Meeting 🟡 Notable Neutral 📄 PDF

📢 Key Event
Board appoints Raj Kumar Jain as Independent Director for five-year term.

🔄 What Changed
One additional Independent Director added to Board composition; appointment contingent on member approval at general meeting.

🔮 What's Next
Appointment effective March 25, 2026; shareholder approval required; term extends to March 24, 2031.

💡 Investor Takeaway
Independent director addition strengthens board governance with media and retail expertise but requires shareholder ratification for formal confirmation.

Network18 Media & Investments Limited's Board appointed Mr. Raj Kumar Jain (DIN 01741527) as an Additional Independent Director for 5 consecutive years (March 25, 2026 to March 24, 2031), subject to shareholder approval. Jain brings extensive corporate experience, having served as CEO of Times of India Group and led Walmart India's launch. He is unrelated to existing directors and faces no SEBI debarment.

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