NETWORK18 MEDIA & INVESTMENTS LTD. - 532798 - Announcement under Regulation 30 (LODR)-Newspaper Publication
We enclose herewith copies of the notice of the date of the 27th Annual General Meeting and other related information, published on September 7, 2022 in the newspapers namely 'Financial Express', all India Editions, in English language and in 'Navshakti', Mumbai Edition, in Marathi language. NETWORK18 MEDIA & INVESTMENTS LTD. - 532798 - 27Th Annual General Meeting Of The Members Of The Company - Cut-Off Date For E-Voting
Network18 Media & Investments Limited has informed the Exchange about 27th Annual General Meeting ('AGM') of the Members of the Company will be held on Thursday, September 29, 2022 at 4:30 p.m. (IST) through Video Conferencing ('VC') / Other Audio Visual Means ('OAVM'), in accordance with the applicable circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.
Network18 Media Q1 net profit down 67.5% to Rs 39.46 cr
Network18's entertainment business revenues grew 13 per cent in Q1 FY23 despite its free-to-air Hindi general entertainment channel (GEC) going off DD FreeDish, said an earnings statement from the company. Q1FY23 Quarterly Result Announced for Network 18 Media & Investments Ltd.
Network 18 Media & Investments Announced Q1FY23 Result : Network18’s consolidated revenue grew 10% YoY to Rs. 1,340cr, amidst a challenging macro environment After announcing deal with Bodhi Tree and Reliance, Viacom18 made a giant leap towards building a compelling digital consumer proposition by acquiring the Indian subcontinent exclusive digital rights of IPL, India’s biggest sports property Entertainment business revenues grew 13% despite the Free-to-Air Hindi GEC going off DD FreeDish Digital News revenue continued to grow at a fast pace; TV News revenue was flat YoY despite multiple state elections in the base quarter TV18’s news channels established strong positions in key markets with CNBC TV18, CNN News18 and News18 India ranked #1, #2, and #3 in their genres, respectively 3 dedicated sports channels were launched by Viacom18 during the quarter Increased investments in entertainment content and marketing, and ramp-up of our teams, to support the growth plans, led to a 26% growth in operating costs and impacted profitability Viacom18 has acquired the exclusive digital streaming rights of the Indian Premier League for the Indian sub-continent for the next 5 seasons (2023-2027) for Rs. 23,757.5cr. It also won the rights for 3 out of 5 international territories, which include major cricketing nations like South Africa, Australia, and UK, for Rs. 594.5cr. IPL is the highest reach sports property in the country and will provide a strong entry point for consumers to come to Viacom18’s digital platform. It will play a pivotal role in helping establish it as India’s leading digital media, entertainment, and sports destination. With rights to a slew of diverse sports properties like football (FIFA World Cup, La Liga, Serie A and Ligue1), basketball (NBA), badminton, and tennis already acquired, Viacom18 is building one of the largest sporting destinations in the country, offering a compelling proposition for the core and casual sports fans. Viacom18, while continuing to strengthen its broadcasting vertical, is building a digital platform of the future, to provide best in class product, user experience to the fast-growing Indian digital audience. The platform will utilize a combination of exciting sports action and captivating entertainment content across Hindi and regional languages, to build a winning consumer value offering Mr. Adil Zainulbhai, Chairman of Network18, said: “First quarter of FY23 has set the tone for the journey that we have undertaken towards making Network18 as India’s leading destination for content. The big development for us this quarter was the acquisition of exclusive digital rights of IPL. With strong tailwinds favoring digital consumption, it gives us a perfect opportunity to scale-up our OTT offering. Coupled with the partnership with Bodhi Tree and Reliance, it will enable our entertainment business to grow to a multiple of what it is today. We are also working towards creating a 3600 news offering with depth and breadth, which not only gives the user seamless experience across platforms, but also optimizes for relevance. We are laying down strong foundations on which our businesses can continue to grow for the foreseeable future." Result PDF NETWORK18 MEDIA & INVESTMENTS LTD. - 532798 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Investors' Update - Standalone and Consolidated Financial Results for the quarter ended June 30, 2022 NETWORK18 MEDIA & INVESTMENTS LTD. - 532798 - Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended June 30, 2022
We wish to inform you that the Board of Directors of the Company at its meeting held today i.e. July 19, 2022, has inter-alia approved the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2022. Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the following: a. Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2022; b. Limited Review Reports of the Statutory Auditors on the aforesaid Results. The Meeting of the Board of Directors commenced at 1:30 p.m. and concluded at 2:30 p.m. The Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2022, as approved by the Board, will also be available on the Company's website www.nw18.com. NETWORK18 MEDIA & INVESTMENTS LTD. - 532798 - Board Meeting Intimation for Approval Of Unaudited Financial Results For The Quarter Ended June 30, 2022
NETWORK18 MEDIA & INVESTMENTS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/07/2022 ,inter alia, to consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2022. Pursuant to the 'Company's Code to Regulate, Monitor and Report Trading by Designated Persons and Specified Connected Persons of the Company and Material Subsidiaries of the Company,' the Trading Window Close Period which had commenced on July 1, 2022 will end 48 hours after the results are made public on July 19, 2022. NETWORK18 MEDIA & INVESTMENTS LTD. - 532798 - Closure of Trading Window
This is to inform you that trading window close period, pursuant to the "Network18 Code to Regulate, Monitor and Report Trading by Designated Persons and Specified Connected Persons of the Company and Material Subsidiaries of the Company' will commence from July 1, 2022 and it shall end 48 hours after the Financial Results for the quarter ended June 30, 2022 becomes generally available information.
Network18 Exclusive | Consumer affairs ministry to soon set standards for EV batteries: Sources
NITI Aayog has asked for BIS to issue standards for EV batteries, and these are also to be included in the battery swapping policy NETWORK18 MEDIA & INVESTMENTS LTD. - 532798 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Pursuant to Regulation 24(A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI Circular CIR/CFD/CMD1/27/2019 dated February 8, 2019, we enclose herewith the Annual Secretarial Compliance Report for the financial year ended March 31, 2022, issued by M/s Chandrasekaran Associates, Practicing Company Secretaries. Please note that the said report will also be available on the Company''s website www.nw18.com.