Network18 Media & Investments Limited announced that the National Company Law Tribunal (NCLT), Mumbai Bench, has sanctioned the Scheme of Amalgamation. This scheme involves the amalgamation of News18 Marathi Private Limited, a wholly-owned subsidiary, with the parent company. The amalgamation will become effective upon the fulfillment of all precedent conditions stipulated in the scheme.
NCLT Approves Scheme of Amalgamation
Network18 Media & Investments Limited has received a crucial regulatory approval for its proposed amalgamation. The Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench, issued an order on October 22, 2026, sanctioning the Scheme of Amalgamation. This significant development pertains to the integration of News18 Marathi Private Limited, which operates as a wholly-owned subsidiary of Network18 Media & Investments Limited, into the parent company.
Effective Date and Next Steps
The Scheme of Amalgamation is set to become effective from the date on which all the necessary conditions precedent, as outlined within the scheme document, are successfully fulfilled. This sanction marks a key milestone in the consolidation strategy of Network18 Media & Investments Limited, paving the way for potential operational synergies and streamlined corporate structure.
Source: BSE
