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TV Today Network Ltd share price today (on 2 April 2023).
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BSE: 532515 | NSE: TVTODAY | ISIN: INE038F01029 Market Cap: [Rs.Cr.] 416 | Face Value: [Rs.] 5 Industry: Entertainment / Electronic Media SoftwareTV Today Network Ltd is an India-based company engaged in news broadcasting operations. The company is a part of India Today group and operates a network of TV news channel. The company comprises four news channels, namely Aaj Tak, Headlines Today, Tez and Dilli Aaj Tak. They are first Indian broadcaster to uplink from India, a 24 hour Hindu news channel. The company is having one subsidiary, namely TV Today Network (Business) Ltd. TV Today Network Ltd was incorporated on December 28, 1999 and received the certificate for commencement of business on February 7, 2000. On April 20, 2000, the company executed a Business Transfer Agreement with Living Media, in which news broadcasting business of Living Media was transferred to TV Today.
In the same year, the company launched Aaj Tak, a 24-hour news channel providing Hindi news. This channel was declared the Best News Channel by Indian Television Academy Awards in 2001, 2002 and 2003. In March 2003, they launched the English news channel, Headlines Today. During the year 2003-04, the company raised capital from the public aggregating to Rs 950,000,000 by fresh issue of 10,000,000 equity shares of Rs 5 each at a premium of Rs 90 per share. In August 2005, the company launched a new 24x7 Hindi News channel, namely Tez. Also, they incorporated a wholly owned subsidiary company, namely TV Today Network (Business) Ltd with an initial investment of Rs 1.5 million. During the year, the company successfully launched their channels Aajtak & Headlines Today in USA through strategic tie-up with Echostar LLC, USA.
In May 2006, the company launched a metro centric 24x7 Hindi news channel, namely Dilli Aaj Tak to cater to Delhi and NCR viewers. Since November 2007, all the four channel of the company converted to pay channels. The three channels, namely Aaj Tak, Headlines Today and Tez are on the plat form of MSM Discovery (formerly Set Discovery Pvt Ltd) amd Dilli Aaj Tak is on the platform of Today Network India Pvt Ltd. Radio Today Broadcasting Ltd, a fellow subsidiary company merged with the company with effect from April 1, 2007. During the year, the company launched their Hindi News Channel Aaj Tak in Europe and in UK.
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