Bennett Coleman to merge five subsidiaries with self as part of recast

Times Internet and Global Broadcasting are not part of restructuring exercise; firm had 26 subsidiaries on March 2021, according to its filings with govt

Dev Chatterjee Mumbai
Times Group, Times of India

Photo: Times Group

Listen to This Article

India's largest print media company, Bennett Coleman & Co, is merging five of its subsidiaries with itself as part of its plan to clean up the company's structure, in accordance with a National Company Law Tribunal order. The NCLT cleared the merger on May 4, effective April 2021.
The publisher of the Times of India newspaper said it is merging its subsidiaries, Mind Games Shows Pvt (MGSPL), Ananta Properties Pvt (APPL), Amrita Estates Pvt (AEPL), Times Digital (TDL) Times Journal (TJIL) and Vinabella Media and Entertainment Pvt (VMEPL) with itself. The company had 26 subsidiaries on March 2021, according to its filings with the government.
BCCL's digital news arms, Times Internet and Global Broadcasting, which operates a slew of news channels, are not part of the restructuring exercise.

Also Read

Sebi rectifies penalty on Samir Jain, wife and others in PNB Finance case

NCLAT to hear SMBC Aviation's plea against NCLT order on Go First today

NCLT allows Kalrock-Jalan consortium to take control of Jet Airways

Go First seeks interim moratorium, NCLT says no such provision under IBC

Grounded Jet Airways' cabin crew association moves NCLT for liquidation

Indian Oil eyes processing bio-naphtha for petrochemicals: Chairman

Tesla delegation stops short of committing to India plant in renewed talks

Shein is coming back to India. Here's why it was banned in the past

Suzlon bags 69 MW wind energy order from Nordic Energy's Indian subsidary

Why is Tesla so confused about Indian market? Challenges and opportunities

First Published: May 19 2023 | 3:41 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to