New Delhi Television Updates Acquisition of GoodTimes Channel, Projects Completion within One Month
New Delhi Television Ltd has provided an update on its proposed acquisition of the 'GoodTimes' Channel business undertaking from Lifestyle & Media Broadcasting Limited. The transaction is currently underway, and the company anticipates completing the acquisition within approximately one month.The acquisition involves the transfer of the 'GoodTimes' Channel, which constitutes the primary business undertaking in this deal. New Delhi Television has been engaged in discussions regarding this proposed purchase from Lifestyle & Media Broadcasting Limited.
Management confirmed that while the transaction is progressing, its final consummation remains subject to necessary statutory and regulatory approvals and the fulfilment of customary conditions precedent.
NDTV Stock Price Movement
Today, New Delhi Television Limited shares edged higher, closing at ₹83.15 after rising 2.27%. The stock finished within its trading range of ₹81.45 to ₹83.6 on a volume of 321,087 shares.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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