New Delhi Television Limited Approves Rights Issue of up to Rs. 400 Crore
The Board of Directors of New Delhi Television Limited has approved the issuance of fully paid-up equity shares of the Company of face value of Rs. 4 each for an amount not exceeding Rs. 400 Crore by way of a rights issue to eligible equity shareholders. The record date for determining the eligible shareholders will be notified subsequently, and the specific terms of the rights issue, including the issue price and rights entitlement ratio, will be determined by the Board and disclosed to the exchange in due course.
Key Takeaways:
- The Board of Directors of New Delhi Television Limited has approved the issuance of up to Rs. 400 Crore worth of equity shares through a rights issue.
- The rights issue is intended for eligible equity shareholders as on the record date, which will be determined and notified subsequently.
- The specific terms of the rights issue, including the issue price and rights entitlement ratio, will be determined by the Board and disclosed to the exchange in due course.
- The meeting of the Board commenced at 2.00 p.m. and concluded at 4.00 p.m. on September 2, 2025.
- The disclosure is made in terms of Regulation 30 of the SEBI Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
Statistics:
- Up to Rs. 400 Crore: The maximum amount of equity shares that can be issued through the rights issue.
- Rs. 4: The face value of each equity share.
- September 2, 2025: The date of the Board meeting where the rights issue was approved.
- 2.00 p.m. - 4.00 p.m.: The duration of the Board meeting.
- Rs. 400 Milion ( Rs. 400 Crore): incorrect the above number seen on the source - it has been replaced by the proper one in the current format.
Sources:
- Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("SEBI Listing Regulations")
- Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended
- SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024