(06-Dec-2023 Hours IST)
Disclosure under Regulation 30 - Scheme of Arrangement Update on the Composite Scheme of Arrangement among 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 under Section 230 to 232 and other applicable provisions of the Companies Act, 2013. (As Per BSE Announcement Dated on: 04/10/2024) Allotment of equity shares by the Company pursuant to the Composite Scheme of Arrangment amongst e-Eighteen.com Limited ('E18') and its shareholdersand creditors & TV18 Broadcast Limited ('TV18') and its shareholders and creditors & Network18 Media & Investments Limited ('Company') and its shareholders and creditors ('Scheme') (As per BSE Announcement Dated on 25/10/2024) We inform you that in accordance with the Master Circular No. SEBI/HO/CFD/POD2/P/CIR/2023/93 - Scheme of Arrangement by Listed Entities issued by Securities and Exchange Board of India on June 20, 2023, please find enclosed herewith the Report from the Audit Committee and the Independent Directors of the Company (both) dated December 26, 2024, certifying distribution of proceeds to Eligible Shareholders of the Company pursuant to the Scheme (As per BSE Announcement Dated on 26/12/2024)
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