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TV18 fixes rights issue price at Rs 84 per share; issue to open on 29 September

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MUMBAI: Television 18 Ltd (TV18) has fixed the pricing of its rights issue at Rs 84 per share, hoping to mop up Rs 5.1 billion to primarily repay debt.

Every equity shareholder of two equity shares (of Rs 5 face value) is entitled to one share, the company said Wednesday.

The issue will open on 29 September and close on 13 October. The last date for request for split application forms will be 5 October.

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As reported earlier, TV18 plans to raise close to Rs 5.1 billion through a rights issue. While Rs 3 billion will be used to retire debt, the company plans to use Rs 300 million from the proceeds of the issue towards commercialising the venture with Forbes Media. It will use Rs 450 million from the net proceeds to subscribe to the proposed rights issue of Infomedia.
TV18 houses the business news channels CNBC TV18 and CNBC Awaaz and financial and news terminal Newswire18. The scrip closed at Rs 109.8 on Wednesday, down 3.17 per cent from its previous close.

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CNN-News18 to host Kolkata Town Hall on Hooghly River

‘Bhalobasa Bengal Inspiring Bharat’ event on April 20 brings cultural icons, trailblazing women and leaders aboard a cruise to celebrate Bengal’s enduring influence.

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MUMBAI: Bengal is about to make fresh waves on the Hooghly and this time the current is pure conversation. CNN-News18 is taking its iconic Town Hall format to the waters of the iconic Hooghly River on 20 April 2026 with a special edition titled ‘Bhalobasa Bengal – Inspiring Bharat’. The floating event will celebrate the state’s rich cultural legacy and how its ideas, creativity and spirit continue to shape the rest of the country.

The unique riverside setting draws on Bengal’s history as a cradle of reform, art and intellectual thought. The speaker line-up mirrors that diversity: cultural heavyweights Mithun Chakraborty and Sreenanda Shankar will share the stage with trailblazing “Devis” such as Tanya Sanyal (India’s first woman firefighter in aviation), Ipsita Chakraborty (Kolkata’s first woman bartender) and Reshma Nilofer Visalakshi (Nari Shakti awardee and marine pilot). Music will flow through the celebrated pianist-vocalist duo Sourendro and Soumyojit, while public life and governance will be represented by Smriti Irani, Leander Paes, Saira Shah Halim, Keya Ghosh, Rekha Patra, Roopa Ganguly and Babul Supriyo.

CNN-News18, editorial affairs director, Rahul Shivshankar, said the event honours voices that carry Bengal’s legacy forward. Smriti Mehra, CEO – English & Business News, Network18, added that Bengal’s stories resonate far beyond its borders, especially as the state heads into polls.

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From the first woman to battle flames in the skies to legendary actors who shaped Indian cinema, the gathering promises a rich mix of inspiration, courage and candid dialogue. In a city where culture has always flowed as freely as the river itself, CNN-News18 is turning the Hooghly into a floating forum for ideas that matter.

Tune in on 20 April on CNN-News18, CTV and YouTube to catch Bengal’s heartbeat in full flow.

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