New Delhi Television (NDTV) , a leading entity in news broadcasting and digital journalism, has taken a significant step towards strengthening its financial position and fueling growth initiatives. The company's Board of Directors has approved a rights issue of up to ₹400 crore, marking a pivotal moment in NDTV's strategic expansion plans.

Rights Issue Details

The Board of Directors, in a meeting held on September 2, gave the green light for issuing fully paid-up equity shares with a face value of ₹4 each. The rights issue, not exceeding ₹400 crore, will be offered to eligible shareholders as of a yet-to-be-determined record date. This move is subject to necessary regulatory and statutory approvals.

Strategic Objectives

The capital raised through this rights issue is earmarked for several key objectives:

1. Distribution Expansion: NDTV aims to widen its domestic and international presence.
2. Brand Building: Investments will be made to strengthen the NDTV brand.
3. Debt Reduction: A portion of the funds will be allocated to reduce the company's debt.
4. Growth Initiatives: The company plans to develop new intellectual properties and pursue other growth opportunities.

Digital-First Growth Strategy

NDTV is focusing on a digital-first growth strategy, which includes:

• Branded content development
• Data-driven advertising
• Partnerships with global platforms to expand reach
• Exploration of regional language news
• International broadcasting through NDTV World
• Live events

Management's Perspective

Rahul Kanwal, CEO and Editor-in-Chief of NDTV, commented on the rights issue: "This rights issue is a decisive step in strengthening NDTV and preparing it for its next phase of growth. With the resources we raise, we will expand our reach and deepen our impact while staying true to the kind of journalism we have always stood for - credible, trustworthy, and uncompromising."

Company Background

NDTV, incorporated in 1988, operates as a division of AMG Media Networks Limited, a wholly-owned subsidiary of Adani Enterprises Limited. The company is engaged in news broadcasting and digital journalism, with television channels and digital platforms distributed both in India and internationally.

Next Steps

The specific terms of the rights issue, including the issue price, rights entitlement ratio, record date, and timing, will be determined by the Board and/or the Rights Issue Committee. These details will be disclosed to the stock exchanges in due course.

As NDTV embarks on this significant financial move, the media landscape in India may see renewed competition and innovation. The success of this rights issue could potentially reshape NDTV's position in the market and its ability to deliver news content across various platforms.

New Delhi Television (NDTV) , a prominent Indian media company, has announced that its Board of Directors will meet on September 2, 2025, to deliberate on potential fundraising strategies. This development comes as the company explores various avenues to strengthen its financial position.

Key Points of the Announcement

• Meeting Date: The board meeting is scheduled for Tuesday, September 2, 2025.
• Primary Agenda: To consider proposals for fund raising through various means.
• Potential Fundraising Methods: The board will discuss options including:
  • Issuance of equity shares
  • Rights issue
  • Other appropriate modes permitted under applicable laws

Regulatory Compliance

NDTV has made this announcement in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has duly informed both the BSE Limited and the National Stock Exchange of India Limited about the upcoming board meeting.

Implications and Next Steps

The outcome of this meeting could have significant implications for NDTV's financial structure and future growth plans. Any decision regarding fundraising will be subject to necessary regulatory and statutory approvals.

Investors and stakeholders will be keenly watching for the results of this meeting, as it may provide insights into NDTV's financial strategy and potential expansion plans. The company is expected to make further announcements following the board meeting, detailing any decisions made regarding the fundraising initiatives.

As the media landscape continues to evolve, NDTV's move to explore fundraising options could be seen as a step towards reinforcing its position in the competitive market. However, the specific impact of any fundraising activity will depend on the method chosen and the amount raised, details of which are yet to be determined.

Shareholders and interested parties are advised to keep an eye on future communications from NDTV for more information on the outcomes of this crucial board meeting.