M Ravindran to Acquire 14,00,000 Equity Shares in Raj Television Network Through Inter-se Transfer

1 min read     Updated on 18 Mar 2026, 02:55 PM
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AI Summary

M Ravindran will acquire 14,00,000 equity shares (2.6968%) in Raj Television Network Limited from R Vijayalakshmi through inter-se transfer. This internal promoter group transaction will increase M Ravindran's stake from 11.288396% to 13.985198% while reducing R Vijayalakshmi's holding from 5.78% to 3.083%. The transaction is exempt from open offer requirements under SEBI SAST Regulations as it involves transfer between promoter group members.

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M Ravindran has filed a disclosure with stock exchanges regarding his proposed acquisition of 14,00,000 equity shares in Raj Television Network Limited through an inter-se transfer from R Vijayalakshmi. The transaction represents 2.6968% of the company's total share capital and is scheduled to take place any time after 4 working days from March 18, 2026.

Transaction Details

The share transfer involves promoter group members, with M Ravindran being a promoter of the company and R Vijayalakshmi being his wife, who forms part of the promoter group. This internal restructuring falls under the exemption provided by Regulation 10(1)(a)(i) of the SEBI (SAST) Regulations, 2011.

Parameter Details
Shares to be Acquired 14,00,000
Percentage of Share Capital 2.6968%
Transferor R Vijayalakshmi
Transferee M Ravindran
Transaction Type Inter-se Transfer

Shareholding Pattern Changes

The proposed transaction will result in changes to individual shareholdings within the promoter group while maintaining the overall promoter group stake.

Shareholder Before Transaction After Transaction
Shares Percentage Shares Percentage
M Ravindran 5,860,184 11.288396% 7,260,184 13.985198%
R Vijayalakshmi 30,00,400 5.78% 16,00,400 3.083%

Regulatory Compliance

The transaction complies with SEBI regulations as it qualifies for exemption under Regulation 10(1)(a)(i) of the SEBI (SAST) Regulations, 2011. M Ravindran has declared that:

  • The acquisition price will not exceed 25% above the volume weighted average market price for 60 trading days
  • Both transferor and transferee will comply with applicable disclosure requirements under Chapter V of the Takeover Regulations, 2011
  • All conditions specified under regulation 10(1)(a) regarding exemptions have been duly complied with

The disclosure has been submitted to both BSE Limited and National Stock Exchange of India Limited, with copies provided to the company's compliance officer Priyanka Mudaliyar. Since this is an inter-se transfer within the promoter group, no open offer is required under SEBI regulations.

Historical Stock Returns for Raj TV Network

1 Day5 Days1 Month6 Months1 Year5 Years
-10.89%-16.30%-17.97%-24.96%-63.45%-3.77%

What strategic initiatives might M Ravindran pursue with his increased 13.98% stake in Raj Television Network Limited?

Could this shareholding consolidation signal preparation for potential expansion or acquisition opportunities in the media sector?

How might this internal restructuring affect Raj Television Network's corporate governance and decision-making processes?

Raj Television Network Limited Schedules Board Meeting for February 11, 2026 to Consider Q3FY26 Financial Results

1 min read     Updated on 05 Feb 2026, 03:20 PM
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Raj Television Network Limited has scheduled a board meeting for February 11, 2026, to consider and approve unaudited financial results for the quarter ended December 31, 2025. The announcement complies with SEBI Regulation 29 requirements and was communicated to BSE and NSE. The company's trading window remains closed from January 1, 2026, until 48 hours post-results declaration for all insiders.

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Raj TV Network has announced that its Board of Directors will convene on February 11, 2026, to consider and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting notification was issued on February 5, 2026, in accordance with regulatory requirements.

Board Meeting Details

The formal announcement was made to both BSE Limited and the National Stock Exchange of India Limited, fulfilling obligations under Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will specifically focus on reviewing and approving the financial performance for the quarter ended December 31, 2025.

Meeting Parameter: Details
Date: February 11, 2026
Purpose: Consider Q3FY26 unaudited financial results
Quarter End: December 31, 2025
BSE Scrip Code: 532826
NSE Trading Symbol: RAJTV

Trading Window Restrictions

The company has maintained its trading window closure that began on January 1, 2026. This restriction applies to all promoters, directors, key managerial personnel, employees, designated persons, and their immediate relatives. The trading window will remain closed until 48 hours after the official declaration of the quarterly financial results.

This measure ensures compliance with insider trading regulations and maintains market integrity during the period leading up to and immediately following the results announcement. The initial intimation regarding the trading window closure was communicated to the exchanges on December 29, 2025.

Regulatory Compliance

The announcement demonstrates the company's adherence to prescribed disclosure norms under SEBI regulations. Company Secretary and Compliance Officer Priyanka Mudaliyar signed the official communication, which was digitally authenticated on February 5, 2026, at 15:00:40 hours.

The formal notification to both major Indian stock exchanges ensures that all stakeholders, including investors and market participants, are adequately informed about the upcoming board meeting and its agenda. This transparency is essential for maintaining investor confidence and regulatory compliance in the Indian capital markets.

Historical Stock Returns for Raj TV Network

1 Day5 Days1 Month6 Months1 Year5 Years
-10.89%-16.30%-17.97%-24.96%-63.45%-3.77%

More News on Raj TV Network

1 Year Returns:-63.45%