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      • The tribunal's Mumbai bench has admitted the merger scheme. The merger scheme entails a multi-stage process. Firstly, Viacom18's TV and streaming assets will be transferred to Digital18, its wholly-owned subsidiary. Subsequently, these assets will be demerged and vested from Digital18 to Star India.
      www.livelaw.in/ibc-cases/nclt-mumbai-approval-viacom18-star-india-merger-scheme-258514
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  2. May 17, 2024 · The merger scheme has two stages: the transfer of Viacom18's TV and streaming assets to Digital18 and the demerger and vesting of these assets from Digital18 to Star India. As consideration for the scheme, Viacom18 will transfer streaming platform JioCinema to Digital18, which will pay the company a consideration of Rs 24,186 crore through an ...

  3. May 23, 2024 · The proposed scheme involves, (1) transfer of Media Operations Undertaking from Viacom18 to Digital18, (2) transfer of Jio Cinema Undertaking from Viacom18 to Digital18 and (3) demerger, transfer and vesting of V18 Undertaking from Digital18 into Star India.

  4. T he Mumbai bench of the National Company Law Tribunal (NCLT) has approved the initial phase of the merger between Reliance Industries Ltds (RIL) Viacom18, its subsidiary Digital18,...

  5. 6 days ago · As part of the Scheme, Digital18 will issue shares to Viacom18 for the transferred undertakings, and Star India will issue shares to Digital18 shareholders and Reliance Industries Limited (RIL). The NCLT noted shareholder consent and admitted the merger scheme.

  6. The merger scheme has two stages: the transfer of Viacom18s TV and streaming assets to Digital18 and the demerger and vesting of these assets from Digital18 to Star India. As consideration for the scheme, Viacom18 will transfer streaming platform JioCinema to Digital18, which will pay the company a consideration of Rs 24,186 crore through an ...

  7. May 21, 2024 · The merger scheme entails a multi-stage process. Firstly, Viacom18's TV and streaming assets will be transferred to Digital18, its wholly-owned subsidiary. Subsequently, these assets will...