TV Today Network has completed acquisition process of 74,887,389 equity shares of India Today Online (ITOPL) (representing 100% paid-up share capital of ITOPL) from Living Media India. Pursuant to this, ITOPL has become wholly owned subsidiary of the company.
The company has completed acquisition process of 33,042,625 equity shares of Mail Today Newspapers (MTNPL) (representing 25.21% of the total paid-up share capital of MTNPL) from A.N. (Mauritius).Consequently, the company along with its wholly owned subsidiary company ITOPL holds 131,087,016 equity shares of MTNPL (representing 100% of the paid-up share capital of Mail Today Newspapers). With this MTNPL has become a subsidiary of the company in which the company along with its wholly owned subsidiary ‘ITOPL’ holds 100% paid-up share capital of MTNPL.
TV Today Network is a holding company. The company is engaged in Television programming and broadcasting activities. The company operates in various markets, such as Television, Digital Media and Radio.