GECs
UTV Software Communications to list on 17 March
MUMBAI: UTV Software Communications Ltd’s IPO (initial public offering), which closed on 25 February with a total demand for 26.12 times the issue size of approximately seven million shares will list on 17 March 2005 at National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
The company received bids for about 185 million shares and the size of the issue was Rs 910 million at the upper end (Rs 130) of the price band.
The Book Running Lead Manager to the Issue was Enam Financial Consultants Pvt. Ltd. with IL&FS Investsmart Ltd being the Co-Book Running Lead Manager. Karvy Computershare Pvt LTD was the Registrar to the Issue.
Merchant banking sources have added that over 2.85 lakh bids were received for the issue with the Qualified Institutional Buyers quota being oversubscribed 18.6 times, the Non-Institutional Buyers quota being oversubscribed 33.12 times and retail 35.9 times.
The proceeds from the IPO will be used for enhancement of production facility and office infrastructure, investment in Hungama TV, funding of SFX and post-production expansion, investment in movie production and distribution initiatives and general corporate purposes.
The issue comprised a fresh equity of 4,500,000 shares of Rs 10 each and offer for sale by CDPQ, a Canadian private equity investor, of 2,499,950 equity shares of Rs 10 each for cash. 349,950 equity shares were reserved for employees on a competitive basis with a net issue to the public of 6,650,000 equity shares. The net issue to public constituted 34.11 per cent of the fully diluted post issue paid-up capital of the company.
GECs
Asianet Television Awards 2026 celebrates women power in Malayalam TV
“She is the Colour” theme honours icons as ceremony airs on March 14 and 15 at 7 PM.
MUMBAI: If television lights up living rooms, this year Asianet decided to let women provide the colour. The Asianet Television Awards 2026 turned the spotlight firmly on women empowerment with the theme “She is the Colour”, celebrating the strength, resilience and achievements of women who continue to shape society and the Malayalam entertainment industry.
The ceremony honoured several distinguished personalities whose journeys have left a lasting cultural imprint. Among them was legendary playback singer Vimala Varma, widely recognised as the first Malayalam playback singer. The evening also paid tribute to Padma Shri awardees Devaki Amma and Vimala Menon for their exceptional contributions in their respective fields.
Leading women from the Malayalam film industry were also recognised during the event, including actor Shweta Menon, who currently serves as president of the Association of Malayalam Movie Artists, and National Award winning actor Surabhi Lakshmi.
The awards ceremony brought together a glittering lineup of actors and industry figures, including Jayasurya, Vijay Babu, Asha Sarath, Lena, Esther Anil, Anumol, Akhila Bhargavan, Sarayu Mohan, Prajod Kalabhavan, Gayathri Suresh, Sabumon Abdusamad, Swasika, Tini Tom, Sijoy Varghese, Kailash, Veena Nandakumar, Sabareesh Varma, Ansiba Hassan and Dinesh Prabhakar. Kishan Kumar, executive vice president Malayalam at JioStar, was also present at the event.
Beyond individual recognitions, the awards celebrated excellence across Malayalam television, acknowledging artists and technicians whose work continues to drive the industry forward.
The evening also offered plenty of spectacle, with elaborate dance performances, stunt acts and comedy skits performed by popular television and film personalities, turning the ceremony into a full fledged entertainment showcase.
Viewers will get to watch the celebrations when the Asianet Television Awards 2026 air on Asianet on March 14 and 15, Saturday and Sunday, from 7 pm onwards, bringing the star studded tribute to homes across Kerala and beyond.
