Credit Rating- Revision

Network18 Media & Investments LimitedNETWORK18 · Filed with the exchange

Network18 Media & Investments Limited announced the completion of its merger with TV18 Broadcast and e-Eighteen.com, effective October 3, 2024. Following the merger, credit rating agencies assigned ratings for enhanced facilities: India Ratings assigned an A1+ rating for commercial papers and CARE reaffirmed ratings of AAA and A1+ for bank facilities and commercial papers, respectively.

The merger aims to improve operational synergies and market positioning in the media sector.

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