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TV Today Network receives shareholders nod for 20 per cent dividend for FY-2014

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BENGALURU:  At the 20 August 2014 AGM, TV Today Network Limited (TVTN) shareholders gave their nod to the 20 per cent dividend mooted by the board of directors on 14 May 2014 for the financial year ended 31 March 2014 (FY-2014). Of the 10 resolutions,  resolution no 2  ‘Declaration of dividend’ (Rs 1 per equity share of face value of Rs 5) was passed with a 100 per cent margin through the e-voting process and 99.99 per cent margin through the polling process at the AGM, says the report by independent scrutinizer Juris Prudent Consulting Partners (JPCP) founder and principal consultant and advocate Ajay Kumar Jain.

 

The JPCP report says that 10,08,291 votes were cast through the e-voting process, all were in favour of the resolution for dividend. 137 members directly or through their proxies cast 3,39,55,288 votes of which 114 votes of 5 members (or proxies) were invalid. The votes were in favour of the resolution for dividend at polling done at the AGM on 20 August 2014.

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For the last 10 years, since 2004, TVTN has been declaring a final dividend of 15 per cent, in its eleventh year (FY-2104) the company has upped it to 20 per cent. As mentioned earlier, TVTN, a part of the India Today group, had reported 5.02 times growth in standalone PAT in FY-2014 to Rs 61.32 crore (15.75 per cent of Income from Operations or Op Inc) as compared to the Rs 12.21 crore (3.9 per cent of Op Inc) in FY-2013.

 

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Click here to read details of the outcome of the AGM

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News Broadcasting

CNN-News18 to host Fury in the Gulf conclave on West Asia crisis

Three-hour summit to unpack geopolitical fallout and impact on India

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MUMBAI: CNN-News18 is set to host a special three-hour broadcast, Fury in the Gulf – War Conclave, on April 7, aiming to decode the escalating West Asia crisis and its far-reaching implications for India.

Scheduled from 4:00 PM to 7:00 PM, the conclave comes at a time when tensions between Iran and the United States are reshaping global geopolitics and triggering economic uncertainty. With India’s deep energy ties, trade links and large diaspora in the Gulf, the developments carry significant domestic relevance.

Built around the theme ‘Conflict, Consequences, and The Future,’ the programme will feature six curated sessions combining one-on-one interviews and panel discussions. The focus is to cut through the clutter and offer viewers a clearer understanding of the fast-evolving situation.

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Key sessions include ‘Diplomacy in Times of War’ featuring Shashi Tharoor, and ‘World After the Iran Conflict’ with voices such as Ram Madhav, Reuven Azar, representatives from the European Union and the Iranian Deputy Envoy. Another session titled ‘Another Dunkirk?’ will bring together K. J. S. Dhillon and Jitin Prasada among others.

CNN-News18 editorial affairs director Rahul Shivshankar said, “In times of war, clarity becomes the most powerful tool. Fury in the Gulf – War Conclave brings together credible voices to address the questions and confusion that arise amid an overwhelming influx of information.”

He added that the initiative is aimed at delivering “facts, perspective, and insight” at a time when misinformation can easily cloud public understanding.

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Echoing the sentiment, CNN-News18 CEO– English and business news Smriti Mehra said the conflict marks a defining global moment, with consequences that extend well beyond the region. She noted that the conclave seeks to present the crisis with “depth, nuance and responsibility” so audiences can better grasp its real-world impact.

As geopolitical tensions continue to dominate headlines, the conclave positions itself as an attempt to bring order to the noise, offering viewers a structured, insight-led look at a complex and rapidly shifting global situation.

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