NETWORK18 MEDIA & INVESTMENTS LTD. - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Update On The Composite Scheme Of Arrangement Amongst E-Eighteen.Com Limited And Its Shareholders And Creditors & TV18 Broadcast Limited And Its Shareholders And Creditors & Network18 Media & Investments Limited And Its Shareholders And Creditors ("Scheme")
05 Sep 2024
This is further to the various disclosures made by the Company on the captioned subject.
We wish to inform you that the Hon''ble National Company Law Tribunal, Mumbai Bench ("NCLT"), vide its order dated September 5, 2024 (uploaded on the website of Hon''ble NCLT on September 5, 2024), has sanctioned the Scheme.
The Scheme will be implemented upon receipt of approval from Ministry of Information and Broadcasting.
Kindly take the same on record.
Source:
BSE India