T.V.Today Network Limited — Capital/Financing Update 2025

Mar 26, 2025

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March 26, 2025

March26,2025 March 26, 2025
CorporateRelationsDepartment BSELimited PhirozeJeejeebhoyTowers, DalaiStreet,Mumbai-400001 Corporate Relations Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001	ListingDepartment NationalStockExchangeofIndiaLimited ExchangePlaza,Bandra-KuriaComplex, Bandra(E),Mumbai-400051 Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra - Kurla Complex, Bandra (E), Mumbai - 400 051
Scrip Code—532515 Scrip Code – 532515	Scrip Code—TVTODAY Scrip Code – TVTODAY

Dear Sir / Madam,

Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“ SEBI Listing Regulations ”)

Pursuant to Regulation 30 of the SEBI Listing Regulations, this is to inform that the Board of Directors at their meeting held today i.e., March 26, 2025 has inter-alia , approved proposal for investment of Rs. 9.40 Crore (comprising of 94,00,000 Equity Shares at face value of Rs. 10/- each at par) in Vibgyor Broadcasting Pvt. Ltd., a wholly-owned subsidiary of the Company, by way of subscription towards Rights Issue.

The detailed disclosure as required under Regulation 30 of the SEBI Listing Regulations read with relevant SEBI Circular is enclosed as Annexure.

The meeting of the Board of Directors commenced at 4:00 P.M. and concluded at 4:46 P.M.

We request you to kindly take the same on record.

Thanking you,

Yours faithfully,

For T.V. Today Network Limited

Digitally signed by: ASHISH ASHISH SABHARWAL DN: CN = ASHISH SABHARW SABHARWAL C = IN O = Personal AL Date: 2025.03.26 17:47:10+05'30' (Ashish Sabharwal) Group Head – Secretarial & Company Secretary & Compliance Officer Email ID: investors@aajtak.com

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Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) read along with relevant SEBI Circular.

Annexure

		Annexure Annexure
S.No. S. No.	Particulars Particulars	Details Details
1. 1.	Nameofthetargetentity,detailsin briefsuchassize,turnoveretc. Name of the target entity, details in brief such as size, turnover etc.	Name:VibgyorBroadcastingPvt.Ltd., whollyownedsubsidiaryofCompany. ('Vibgyor') DetailsofVibgyorforF.Y.23-24(inRs.): TurnoverofVibgyor—Nil ProfitAfterTax:(90,225) Networth:44,956 Name: Vibgyor Broadcasting Pvt. Ltd., wholly owned subsidiary of Company. (‘Vibgyor’) Details of Vibgyor for F.Y. 23-24 (in Rs.): Turnover of Vibgyor – Nil Profit After Tax : (90,225) Networth : 44,956
2. 2.	Whethertheacquisitionwouldfall withinrelatedpartytransaction(s)and whetherthepromoter/promoter group/groupcompanieshaveany interestintheentitybeingacquired? Ifyes,natureofinterestanddetails thereofandwhetherthesameisdone at"arm'slength" Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”	Vibgyorbeingawhollyownedsubsidiaryis arelatedpartyoftheCompany.The Companywillsubscribetotherightsissue ofVibgyorandasperRegulation2(1)(za)of SEBIListingRegulations,thesameis exemptfromthedefinitionofrelatedparty transaction. Thepromoter/promotergroupofthe CompanyhaveinterestinVibgyortothe extentoftheirholdingintheCompany. Vibgyor being a wholly owned subsidiary is a related party of the Company. The Company will subscribe to the rights issue of Vibgyor and as per Regulation 2(1)(za) of SEBI Listing Regulations, the same is exempt from the definition of related party transaction. The promoter/promoter group of the Company have interest in Vibgyor to the extent of their holding in the Company.
3. 3.	Industrytowhichtheentitybeing acquiredbelongs; Industry to which the entity being acquired belongs;	VibgyorhasobjectsasperitsMemorandum ofAssociationwhichinter-alia,includesto own,establish,manageandoperateRadio BroadcastStation(s). Vibgyor has objects as per its Memorandum of Association which inter-alia, includes to own, establish, manage and operate Radio Broadcast Station(s).
4. 4.	Objectsandimpactofacquisition (including but not limited to, disclosureofreasonsforacquisitionof targetentity,ifitsbusinessisoutside themainlineofbusinessofthelisted entity); Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity);	InvestmentbytheCompanyintheequity sharesofVibgyor,isforsubscription towardsRightsIssue.Theobjectiveofthe investmentistoensurethatthewholly ownedsubsidiaryhasrequisitenetworth tomeettherequirementofMinistryof Information and Broadcasting, GovernmentofIndiaforbeingeligibleto purchasetheRadioBusinessfromthe Company. Investment by the Company in the equity shares of Vibgyor, is for subscription towards Rights Issue. The objective of the investment is to ensure that the wholly owned subsidiary has requisite net worth to meet the requirement of Ministry of Information and Broadcasting, Government of India for being eligible to purchase the Radio Business from the Company.

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GRO	UP	Tel:+911204908600Fax:+91120 Website:www.aajtak.in CINNo:L92200DL1999PLC103001 NETWORK
S.No. S. No.	Particulars Particulars	Details Details
		RadioBusiness-FMRadioBroadcasting OperationsoftheCompany(comprisingof threeFMradiostationsinMumbai,Delhi andKolkataunderthefrequency104.8 FM). Radio Business - FM Radio Broadcasting Operations of the Company (comprising of three FM radio stations in Mumbai, Delhi and Kolkata under the frequency 104.8 FM).
5. 5.	Briefdetailsofanygovernmentalor regulatoryapprovalsrequiredforthe acquisition; Brief details of any governmental or regulatory approvals required for the acquisition;	Nogovernmentalorregulatoryapprovalis requiredforsubscriptiontotheRightsIssue ofVibgyor. No governmental or regulatory approval is required for subscription to the Rights Issue of Vibgyor.
6. 6.	Indicativetimeperiodforcompletion oftheacquisition; Indicative time period for completion of the acquisition;	TheprocessofRightsIssueistobe completedwithin60days. The process of Rights Issue is to be completed within 60 days.
7. 7.	Consideration - whether cash considerationorshareswaporany otherformanddetailsofthesame; Consideration - whether cash consideration or share swap or any other form and details of the same;	Cash Cash
8 8	Costofacquisitionand/orthepriceat whichthesharesareacquired; Cost of acquisition and/or the price at which the shares are acquired;	Rs.9.40Crore(comprisingof94,00,000 EquitySharesatfacevalueofRs.10/-each atpar) Rs. 9.40 Crore (comprising of 94,00,000 Equity Shares at face value of Rs. 10/- each atpar)
9. 9.	Percentageofshareholding/control acquiredand/ornumberofshares acquired; Percentage of shareholding / control acquired and / or number of shares acquired;	PostallotmentofShares,theshareholding oftheCompanyinVibgyorwillcontinueto remainthesamei.e.100%. Post allotment of Shares, the shareholding of the Company in Vibgyor will continue to remain the same i.e. 100%.
10. 10.	Briefbackgroundabouttheentity acquiredintermsofproducts/lineof business acquired, date of incorporation,historyoflast3years turnover,countryin whichthe acquiredentityhaspresenceandany othersignificantinformation(inbrief); Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief);	Vibgyor product/line of business is providedinSI.No.3. DateofIncorporation:12.03.2015 LastthreeyearsturnoverofVibgyor(From F.Y.21-22toF.Y.23-24):Nil Countryofpresence:India Vibgyor product/line of business is provided in Sl. No. 3. Date of Incorporation: 12.03.2015 Last three years turnover of Vibgyor (From F.Y. 21-22 to F.Y. 23-24): Nil Country of presence : India

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