Under the proposed merger scheme, shareholders of TV18 Broadcast will get 100 shares of Network18 Media for every 172 shares held in the former. Shareholders of E18 will receive 19 shares of Network18 Media for every 1 share held in the former.
Will NSE be allowed to trade on NSE? Stock exchange may seek Sebi’s nod after listing
NSE may seek Sebi’s approval to allow its shares to trade on its own platform after its IPO, despite being formally listed only on BSE.