NDTV ͏h͏͏as a͏͏pproved͏ ͏a rig͏hts i͏s͏sue͏ of͏ full͏y͏͏ p͏͏͏͏͏a͏͏id͏-u͏p͏ eq͏ui͏t͏y ͏s͏ha͏res͏͏ ͏with͏ a ͏f͏ac͏e͏ va͏lue ͏o͏f ͏₹͏4 ͏͏ea͏ch, aim͏ing͏ t͏o ͏͏r͏ai͏͏se͏ up͏͏ to ͏₹40͏͏͏0 cro͏r͏e͏͏.
This proposed capital raising will mark a significant step in strengthening NDTV’s balance sheet and enhancing its financial flexibility.
The additional resources will enable the Company to pursue its growth agenda with greater resilience, including expansion of distribution to widen its domestic and international presence, investment in brand-building, development of new intellectual properties, reduction of debt, and other general corporate purposes.
Rahul Kanwal, CEO and Editor-in-Chief, NDTV, said, “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. This investment will also help us explore new areas of growth, with the digital world opening up new possibilities and new audiences for us. Our vision is to build a stronger, future-ready NDTV that reflects the aspirations of a new India.”
