Bahl sells 2,00,000 TV18 shares to Network 18 Fincap

rivate Limited) has acquired 2,00,000 equity shares from the promoter Television Eighteen India Ltd (TV18), Raghav Bahl for Rs 12.84 million.

This brings the total number of 20,68,225 shares transferred to Network18 Fincap Pvt Ltd from Bahl.

The transaction was executed by way of block deal on the stock exchange, TV18 said. “Pursuant to the sanction to the scheme of arrangement by the Hon’ble High Court of Judicature at Delhi, Network 18 Fincap Pvt Ltd has acquired 2,00,000 shares from Bahl,” a statement TV18 posted on the BSE declared.