NCLT sanctions scheme of amalgamation of News18 Marathi with the company
NCLT Mumbai Bench sanctioned the scheme of amalgamation of News18 Marathi Private Limited with Network18 Media & Investments Limited.
By ScoutQuest · · 1 min read
- NCLT Order Date
- 22nd October, 2026
- Relationship
- News18 Marathi is a wholly-owned subsidiary of the company
- Earlier Disclosure Date
- 25th March, 2026
What was announced
The National Company Law Tribunal, Mumbai Bench, has sanctioned the scheme of amalgamation of News18 Marathi Private Limited with Network18 Media & Investments Limited. The tribunal's order is dated 22nd October, 2026. The company's disclosure is dated 23rd October, 2026.
Who is being merged
- News18 Marathi Private Limited is described in the update as a wholly-owned subsidiary of Network18 Media & Investments Limited.
- A wholly-owned subsidiary means the parent company already holds the entire ownership of that entity.
What sanction means, and what it does not
- Sanction is the tribunal's approval of the scheme. It is the step that allows the merger to proceed legally.
- The scheme will be effective from the day on which all conditions precedent set out in the scheme are fulfilled, as per the update.
- So the effective date is tied to those conditions being met, not to the date of the order.
Why this is a process update
- The update refers back to the company's earlier disclosure on this subject dated 25th March, 2026, and updates shareholders on the tribunal's order.
- No share exchange ratio, financial figures or timeline for completion are stated in this intimation.
What a retail shareholder can take away
- This is a structural step in a corporate reorganisation involving a business the company already fully owns.
- Because the subsidiary is wholly-owned, the update does not indicate any change in the company's ownership of that business.
- The effective date depends on the conditions precedent in the scheme being fulfilled, so the process continues beyond this order.
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