NDTV Share Rises with Board Approvals for Acquisition of GoodTimes Channel

Mumbai, 22 September 2025 – The New Delhi Television Ltd (NDTV, BSE: 532529, NSE: NDTV) stock appreciated 2.74% to ₹134.50 before closing at ₹131. This surge came after the company received board approvals for acquiring the GoodTimes channel from Lifestyle & Media Broadcasting Ltd (LMBL) through a slump sale.

Stock Performance

NDTV closed up 1.00% (₹1.30) from the previous session. During the day, the stock opened at ₹132.47, touched a high of ₹134.50 and a low of ₹125.26. The company’s market capitalization stood at ₹1,480 crore, with a 52-week high of ₹157.68 and a 52-week low of ₹85.04.

Acquisition Details

The deal was worth up to ₹18 crore on a cash-free, debt-free basis and is a mix of cash and television ad inventory. NDTV and LMBL have entered into a binding term sheet, and the deal will be finalized after a Business Transfer Agreement, after the regulatory approvals of a usual nature, including the approval of the Ministry of Information and Broadcasting.

Company Overview

NDTV, founded in 1988, is India’s leading television broadcasting and software development firm. It boasts popular news and infotainment channels in India.

Strategic Implications

The buyout of the GoodTimes channel is a step in the direction of NDTV’s plan to widen its base of lifestyle and entertainment content. The acquisition is likely to increase the company’s portfolio and further its mission in the competitive broadcast business.

Rights Issue Announcement

Besides, NDTV has also decided to raise ₹396.50 crore by offering rights to issue 4,83,53,450 equity shares at ₹82 per share. The rights issue will start from September 22, 2025, and will end on October 8, 2025, with an entitlement of 3:4.

Key Takeaway

NDTV’s strategic acquisition of the GoodTimes channel and its upcoming rights issue indicate the company’s efforts to diversify its content space and bolster its finances, enabling sustained growth in the changing media environment.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachHis/72c598e4-2f04-4e3f-83df-d2a2f863a113.pdf

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