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2006
- Global Broadcast News Ltd (GBN), a TV18 Group company and owner of
CNN-IBN, has filed its draft red herring prospectus with the
Securities & Exchange Board of India to enter the capital market
with its initial public offering of equity shares. The company
proposes to raise up to Rs 105 crore through the issue of equity
shares of Rs 10 each for cash at a premium to be decided through the
100 per cent book-build process.
Our Company was incorporated on June 6, 2005 under the Companies Act
as Global Broadcast News Private Limited. Subsequently, our Company
became
a public limited company under Section 44 of the Companies Act with
effect from
December 12, 2005 and the name of the Company was changed to Global
Broadcast News Limited.
The registered office of the Company was originally situated at 9th
Floor, Videocon
Tower, E-1, Rani Jhansi Road, Jhandewalan Extension, New Delhi 110
005 which
was later shifted to B-2, Kailash Apartment, Lala Lajpat Rai Marg,
New Delhi 110 048
with effect from November 15, 2005.
Scheme of Amalgamation
Pursuant to resolutions of the Board of Directors of SRH and our
Company dated
May 2, 2006 we have made an application to the High Court of Delhi
for approval of
a scheme of amalgamation between our Company and SRH (Scheme of
Amalgamation).
Upon successful implementation of the Scheme of Amalgamation the
whole of the
undertaking of SRH comprising all of its assets and liabilities shall
be transferred to and
vested in and/or be deemed to be transferred to and vested in our
Company. In
consideration for the same our Company shall issue and allot Equity
Shares at par to each
shareholder of SRH in the swap ratio as specified under the Scheme of
Amalgamation. For
details see section titled Restructuring beginning on page 2 of this
Draft Red Herring
Prospectus.
Major Events
Year Event
June, 2005 Global Broadcast News Limited was incorporated
as a private limited
company.
August, 2005 Global Broadcast News Limited received permission
from the MIB to
uplink an English news television
channel.
October, 2005 Brand license agreement with CNN and news services
agreement with
Turner were executed.
December, 2005 CNN-IBN, the 24 hour English news channel was
launched.
July, 2006 Our Company entered into a share purchase,
share subscription and
shareholders agreement with Gupta
family, BK Fincap Private Limited,
Jagran TV Private Limited and others in
relation to acquisition of equity
shares in BK Fincap Private Limited.
2008
- Company name has been changed from Global Broadcast News Ltd. to
IBN18 Broadcast Ltd.
- The Company has splits its face value from Rs10/- to Rs2/-.
2009
-IBN18 Raises Rs.62.5 crores from the Sale of Treasury Shares
2010
-TV18 Broadcast Ltd Issues Rights in the Ratio of 3:10
-Registered Office of the Company has been shifted From 601, 6th
Floor, Commercial Tower, Hotel Le-Meridien, Raisina Road, New Delhi
To 503, 504 & 507, 5th Floor, Mercantile House, 15, Kasturba
Gandhi Marg, New Delhi - 110 001.
2011
-Company has changed its name from IBN18 Broadcast Ltd. to TV18
Broadcast Ltd.
2012
- TV18 & Viacom18 Form a Strategic Joint Venture
-TV18, Viacom JV launch new channel for kid
-TV18 Broadcast Ltd Issues Rights in the Ratio of 41:11
2013
-TV18, Viacom18 and DisneyUTV Come Together to Form a Distribution
Joint Venture in India
2014
-The company has appointed Mr. Sachin Gupta as a Company Secretary
& Compliance Officer.
2017
-TV18 Broadcast have approved amalgamation of four subsidiaries
i.e.Equator Trading Enterprises, Panorama Television, RVT Media and
ibn18 (Mauritius) into TV18 Broadcast.
2018
-Infosys Completes Acquisition of Fluido,the Largest Salesforce
Consulting Partner in Nordics.
2022-News18 India and CNNNews 18
continue their leadership position in respective genres. CNBCTV
Continues itts dominant position as an industry leader.