Living Media India Increases Stake in TV Today Network to 61.66% Through 4.5 Lakh Share Acquisition

TV Today Network Limited's promoter, Living Media India Limited, has strengthened its position in the company by acquiring 4,50,000 additional equity shares through a bulk deal executed on December 23, 2025. The acquisition was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share acquisition represents a strategic move by Living Media India Limited. The transaction details are outlined below:

Parameter	Details
Shares Acquired	4,50,000 equity shares
Acquisition Method	Bulk Deal through Stock Exchange
Transaction Date	December 23, 2025
Percentage of Total Capital	0.76%

Shareholding Pattern Changes

The acquisition has resulted in a notable change in Living Media's shareholding pattern in TV Today Network Limited:

Holding Period	Number of Shares	Percentage of Total Capital	Percentage of Diluted Capital
Before Acquisition	3,63,41,078	60.90%	60.90%
After Acquisition	3,67,91,078	61.66%	61.66%
Change	+4,50,000	+0.76%	+0.76%

Company Capital Structure

TV Today Network Limited maintains the following capital structure:

Total Equity Share Capital: ₹29.83 crores
Number of Equity Shares: 5,96,68,615 shares
Face Value per Share: ₹5
Listing: National Stock Exchange of India Limited and BSE Limited

Regulatory Compliance

The disclosure was filed by Yatender Kumar Tyagi, Chief Financial Officer of Living Media India Limited, ensuring compliance with SEBI regulations. The transaction maintains transparency in substantial acquisition activities as required under the regulatory framework.

Living Media India Limited, headquartered in Noida with its registered office in New Delhi, continues to operate as the promoter entity for TV Today Network Limited. The acquisition reinforces the promoter's commitment to the media company while maintaining regulatory compliance through proper disclosure mechanisms.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.31%	+1.10%	-2.80%	-19.24%	-32.64%	-38.40%

HDFC Mutual Fund has significantly reduced its shareholding in T.V. Today Network, a move that caught the attention of market watchers. The transaction was disclosed under the Securities and Exchange Board of India (SEBI) takeover regulations.

Key Details of the Transaction

Aspect	Before	After	Change
HDFC MF's Stake	9.25%	3.83%	-5.42%
Shares Sold	-	32,33,040	-
Mode of Sale	-	Open Market	-

The mutual fund giant executed this substantial reduction in ownership through open market sales, offloading a total of 32,33,040 shares. This move has effectively brought down HDFC Mutual Fund's stake in T.V. Today Network from 9.25% to 3.83%.

Implications for Investors

While the reasons behind HDFC Mutual Fund's decision to reduce its stake are not explicitly stated, such significant changes in institutional holdings often draw investor attention. It's important to note that mutual funds regularly rebalance their portfolios based on various factors, including their investment strategy, market conditions, and fund objectives.

For existing shareholders of T.V. Today Network and potential investors, this development may warrant a closer look at the company's recent performance and future prospects. However, it's crucial to remember that a single institutional investor's actions should not be the sole basis for investment decisions.

Regulatory Compliance

The disclosure of this transaction underscores the importance of regulatory compliance in the Indian stock market. SEBI's takeover regulations require prompt disclosure of significant changes in shareholding, ensuring transparency and helping maintain market integrity.

Investors and market participants are advised to keep an eye on further developments and any potential impact on T.V. Today Network's stock performance in the coming days.