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Network 18 Media & Investments > Company History > Finance - General > Company History of Network 18 Media & Investments - BSE: 532798, NSE: NETWORK18
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Network 18 Media & Investments
BSE: 532798|NSE: NETWORK18|ISIN: INE870H01013|SECTOR: Finance - General
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Company History - Network 18 Media & Investments
1996 - The company was incorporated as a private limited company on
 16th February 1996, which is a holding company of the TV18 group. IT
 is a holding company of the TV18 group and has become one of the
 strongest media houses in the country. It is also engaged in making
 strategic/financial statements in media.
 
 2006 - It was converted into a public limited company.
 
 - Name of the company was changed from SGA Finance & Management
 Services Private Limited to Network 18 Fincap Private Limited with
 effect from April 12, 2006.
 
 2007 - The company got listed on 2nd February 2007 on NSE and BSE.
 The shares of the company of face value of Rs 5 each opened at Rs
 312.10 at the NSE and at Rs 300 at the BSE.
 
 - The company had planned to invest  million in an entertainment
 company that is The Indian Film Company.
 
 - The company had formed 50 / 50 joint venture with Viacom-18.
 
 - The film business of the company was proposed to be transferred to
 MTV Networks India Pvt Ltd pursuance to a Business Transfer
 Agreement.
 
 - Name of the company was changed from Network 18 Fincap Pvt. Ltd to
 Network 18 Media & Investment Ltd.
   
 - Members of the company at annual general meeting held on 7th
 September 2007 had approved annual accounts and annual reports of the
 company. 
 
 2008 - Board of directors of the company had approved rights issue of
 Partly Convertible Cumulative Preference Shares (CCPS) of Rs.200 (face
 value) each in the ratio 1:5.	
 
 - Network 18 Media & Investments Ltd has appointed Mrs. Subhash Bahl
 as a Director of the Company in the casual vacancy caused by the
 sudden demise of Mr. P N Bahl.
 
 -The company has issued rights in the ratio of 1:5 at a premium of
 Rs.45/-Per Share.
Source : Dion Global Solutions Limited
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