FilingReader Intelligence

NDTV rights issue oversubscribed, raises INR 4.96 bn

October 13, 2025 at 07:09 AM UTCBy FilingReader AI

New Delhi Television Limited (NDTV) successfully closed its rights issue on October 13, 2025. The issue saw strong subscription, with applications totaling 53,360,942 equity shares against the 49,040,684 shares offered, reflecting a subscription rate of 108.81%. The total amount realized was INR 4,960,000,000.

The issue generated significant investor interest, with eligible applications (excluding renounced and withdrawn applications) accounting for 48,368,363 equity shares, raising INR 4,836,836,300. The non-eligible applications (excluding renounced and withdrawn applications) contributed 1,215,900 equity shares, totaling INR 121,590,000.

The company will now proceed with the necessary steps for allotment, dispatch of refund orders, and credit of equity shares to successful applicants. The shares will subsequently be listed on the National Stock Exchange of India and BSE 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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