TV Today Network has received an approval to invest Rs 33 crore by way of investment in equity shares of Mail Today Newspapers (an indirectly Wholly Owned Subsidiary). Out of this amount, around Rs 30 crore would be utilized towards repayment of debt by Mail Today Newspapers. After this Mail Today would become debt free. Remaining amount would be utilized towards business operations. The board of directors of the company in its meeting held on November 09, 2017 has approved the same.
The Board also approved the acquisition of Business constituting operations of digital business from Living Media India (Holding Company).
TV Today Network is a holding company. The company is engaged in Television programming and broadcasting activities. The company operates in various markets, such as Television, Digital Media and Radio.
