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Zee stake at 73% after ETC allots preferential shares

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ETC Networks Ltd has received a welcome cash infusion after its board yesterday approved the preferential allotment of slightly over 2.2 million equity shares to Subhash Chandra’s Zee Telefilms Limited for about Rs 70 million.

This latest transaction takes Zee’s stake in ETC to 73.35 per cent in the immediate term. The cash inflow is likely to be used to finance any further expansion plans that ETC may have.

A total of 2,220,812 shares were alloted at Rs 31.52 per Rs 10 share for just under Rs 70 million (Rs 69,999,994 to be exact) and ETC convened an extraordinary general body meeting (EGM) today to obtain shareholders’ approval.

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It was last Monday that Zee took a controlling stake in ETC by mopping up 48.32 per cent of the company’s issued subscribed share capital for Rs 178.4 million. This was followed up last Wednesday by Zee announcing its open offer for 2,339,900 shares to acquire an additional 20 per cent equity stake of ETC Networks at Rs 31.52 per share.

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News Broadcasting

News18 India to air Sabse Bada Dangal on 4 May counting day

Channel promises fastest results, live trends and analysis across five states.

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MUMBAI: Ballots will do the talking and screens will do the shouting. As counting day approaches for high-stakes Assembly elections across West Bengal, Tamil Nadu, Kerala, Assam and Puducherry, News18 India is gearing up for an all-day broadcast of its flagship election show, Sabse Bada Dangal, on 4 May from 6 am onwards. The Hindi news channel plans to deliver continuous, real-time updates as votes are tallied, combining live counting data with on-ground reporting and studio analysis. With political fortunes set to shift through the day, the coverage will track every swing, surge and surprise as trends turn into results.

The broadcast will feature a mix of senior political leaders, analysts and experts, offering instant reactions and decoding the evolving electoral picture. Expect heated debates, quick takes and detailed breakdowns as the numbers settle across all five states.

For News18 India, counting day has long been a high-visibility moment. The network is banking on its reporting reach, editorial bandwidth and technology-driven coverage to stay ahead in what is often a fiercely competitive news cycle.

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With multiple battlegrounds and shifting narratives, the day promises both drama and data in equal measure. And if all goes to plan, Sabse Bada Dangal will once again turn the counting of votes into prime-time spectacle.

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