FilingReader Intelligence

NDTV's oversubscribed rights issue boosts digital growth

October 11, 2025 at 08:29 AM UTCBy FilingReader AI

New Delhi Television Limited (NDTV) announced on October 11, 2025, the successful closure of its Rights Issue, raising ₹396.49 crore. The issue was oversubscribed 1.11 times, with applications for 5.36 crore shares against 4.83 crore shares on offer. Following the allotment, NDTV's equity share capital increased from 6.45 crore shares to 11.28 crore shares.

The proceeds from the Rights Issue will expand NDTV's distribution footprint, invest in brand-building, reduce debt, and fund new intellectual properties and general corporate purposes. This capital infusion is expected to enhance financial flexibility, accelerating its digital-first growth strategy and supporting its commitment to credible journalism. The promoters' shareholding has increased to 69.02% from 64.71%.

Rahul Kanwal, chief executive and editor-in-chief, highlighted that the oversubscription reflects shareholder trust and confidence in NDTV's vision. NDTV operates as a division of AMG Media Networks Limited, a wholly owned subsidiary of Adani Enterprises Limited.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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