NDTV Extends Timeline for GoodTimes Channel Acquisition
New Delhi Television Limited has provided an update regarding its proposed acquisition of the business undertaking involving the 'GoodTimes' Channel from Lifestyle & Media Broadcasting Limited.The transaction is currently undergoing discussions concerning specific transaction-related matters. Following these ongoing negotiations, the company now expects to complete the acquisition within a further period of approximately 3 months.
The completion of this transaction remains subject to the receipt of necessary statutory and regulatory approvals, alongside the fulfillment of customary conditions precedent.
NDTV Stock Price Movement
New Delhi Television Limited shares on Friday slipped by 0.21% to settle at ₹80.23. The stock saw a total trading volume of 127,617 shares as it retreated from an intraday high of ₹80.85.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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