Ministry Approves Change in Largest Indian Shareholder of Entertainment Network
The Ministry of Information and Broadcasting (MIB) has approved a significant change regarding the largest Indian shareholder of Entertainment Network (India) Limited (ENIL). The approval confirms the transfer of this designation from Bennett Coleman and Company Limited (BCCL) to Times Horizon Private Limited (THPL).According to documents released on June 19, 2026, the MIB's competent authority approved the request for changing the Largest Indian Shareholder of the company. This decision follows an application filed by ENIL regarding the ownership structure.
The change in shareholder status is part of a reorganisation process involving BCCL and THPL through a scheme of arrangement. Times Horizon Private Limited (THPL) is described as a wholly owned subsidiary of Bennett Coleman and Company Limited (BCCL).
The MIB's approval validates the transition of the largest Indian shareholder designation to THPL, marking a key operational update for Entertainment Network (India) Limited.
ENIL Stock Price Movement
Today, shares of Entertainment Network (India) Limited edged higher in the market, climbing 2.64% to settle at ₹110.59. The stock activity for the day saw a volume of 24,140 shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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