TV Today Network is currently trading at Rs. 257.95, up by 0.60 points or 0.23 percent from its previous closing of Rs. 257.35 on the BSE.

The scrip opened at Rs. 262.95 and has touched a high and low of Rs. 262.95 and Rs. 257.10 respectively. So far 2,298 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 359.85 on 03-Nov-2016 and a 52 week low of Rs. 250.00 on 20-Dec-2016.

Last one week high and low of the scrip stood at Rs. 262.95 and Rs. 253.00 respectively. The current market cap of the company is Rs. 1,538.00 crore.

The promoters holding in the company stood at 57.42 percent, while Institutions and Non-Institutions held 13.80 percent and 28.78 percent respectively.

TV Today Network has completed acquisition process of 74,887,389 equity shares of India Today Online (ITOPL) (representing 100 percent 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 percent 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 percent 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 percent 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. - Livemint


 

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