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TV Today draft prospectus ready
NEW DELHI: The Aroon Purie-controlled TV Today Network has finalised its draft prospectus to be filed with the Securities Exchanges Board of India (SEBI) for the company’s maiden public offering.
The company, which looks after the running of the popular Aaj Tak news channel and its English language sibling Headlines Today, is aiming at raising between Rs 1300 million and Rs 1500 million from the market, by offloading 14.5 million shares and issuing 10 million fresh shares that will constitute 25 per cent of the total equity.
Post-IPO the holding of parent company Living Media in TV today would go down to 55.7 per cent. The equity that will be held by other significant stakeholders after the IPO are as follows: ICIC Trusteeship Services 8.3 per cent; Anika International’s stake would go down to 0.7 per cent; Bharti Systel would go down to 4.1 per cent and GE Caps at 6.2 per cent.
Although the issue size has not yet been defined in the draft prospectus, the scrip will be listed on both the National Stock Exchange and the Bombay Stock Exchange.
As already reported on indiantelevision.com, the market is abuzz with news that TV Today Network would soon be starting road shows in about 10 cities, including the four metros – Delhi, Mumbai, Kolkata and Chennai – to create an awareness amongst the public and the investor community about its IPO.
Merchant bankers JM Morgan Stanley are the lead managers for the IPO that is being planned to hit the market around the third week of December
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TV Today Network plans IPO by year end
NEW DELHI: Hamdard Laboratories gathered a cross-section of India’s achievers in New Delhi on Friday, handing out the Hakeem Abdul Hameed Excellence Awards to figures who have left their mark across healthcare, education, sport, public service and the arts.
The ceremony, attended by minister of state for defence Sanjay Seth and senior officials from the ministry of Ayush, celebrated individuals whose work blends professional success with a sense of public purpose. It was as much a roll call of achievement as it was a reminder that influence is not measured only in profits or podiums, but in people reached and lives improved.
Among the headline awardees was Alakh Pandey, founder and chief executive of PhysicsWallah, recognised for turning affordable digital learning into a mass movement. On the sporting front, Arjuna Awardee and kabaddi player Sakshi Puniya was honoured for her contribution to the game and for pushing women’s participation onto bigger stages.
The cultural spotlight fell on veteran lyricist and poet Santosh Anand, whose songs have echoed across generations of Hindi cinema. At 97, Anand accepted the honour with characteristic humility, reflecting on a life shaped by perseverance and hope.
Healthcare honours spanned both modern and traditional systems. Manoj N. Nesari was recognised for strengthening Ayurveda’s place in national and global health frameworks. Padma shri Mohammed Abdul Waheed was honoured for his research-backed work in Unani medicine, while padma shri Mohsin Wali received recognition for his long-standing contribution to patient-centred care.
Education and social development also featured prominently. Padma shri Zahir Ishaq Kazi was honoured for decades of work in education, while former Meghalaya superintendent of Police T. C. Chacko was recognised for public service. Goonj founder Anshu Gupta received an award for his dignity-centred rural development initiatives, and the Hunar Shakti Foundation was honoured for empowering women and young girls through skill development.
The Lifetime Achievement Award went to former IAS officer Shailaja Chandra for her long career in public healthcare and governance, particularly in the traditional systems under Ayush.
Speaking at the event, Hamdard chairman Abdul Majeed said the awards were a tribute to those who combine excellence with empathy. “These awardees reflect Hakeem Sahib’s belief that healthcare, education and public service must ultimately serve humanity,” he said.
Minister Seth struck a forward-looking note, saying India’s young population gives the country a unique opportunity to become a global destination for learning, health and wellness by 2047.
The ceremony also featured the trailer launch of Unani Ki Kahaani, an upcoming documentary starring actor Jim Sarbh, set to premiere on Discovery on 11 February.
Instituted in memory of Unani scholar and educationist Hakeem Abdul Hameed, the awards have grown into a national platform that celebrates those building a more inclusive and resilient India. For one evening at least, the spotlight was not just on success, but on service with substance.
