Network18 Media & Investments Limited files Company Scheme Petition for amalgamation of News18 Marathi subsidiary

M&A / JV 17 Aug 2026 · Filed / open· ✓ Verified

Network18 Media & Investments Limited, a tier-1 Indian media and broadcasting conglomerate, has initiated a statutory scheme of amalgamation under the Companies Act 2013 to merge its wholly owned subsidiary News18 Marathi Private Limited into itself. The NSE intimation dated 17 August 2026 contains a copy of the newspaper publication notice, which is a mandatory public disclosure required by the NCLT procedure and signals that the Company Scheme Petition has been formally filed and is proceeding toward hearing and final disposal. No consideration structure or financial impact disclosure was detailed in the notice; the amalgamation is intra-group (parent-subsidiary) and is typical of media…

Why it mattersSubsidiary amalgamations into parent media companies trigger mandatory NCLT scheme approval under the Companies Act 2013, requiring public notice and creditor hearing-the newspaper publication signals the formal petition has been admitted and is progressing toward final disposal, a critical gating item for media holding structures.
Counsel—
SectorConsumer & Retail
[object Object][object Object][object Object][object Object][object Object][object Object][object Object][object Object]

Sources

Open in the live tracker →

Related deals