Viacom18, Reliance Industries

Viacom18 now a direct subsidiary of Reliance. CCPS conversion complete
Viacom18 is now a direct subsidiary of Reliance Industries following the conversion of 246.1 million CCPS into equity shares. The move aligns Viacom18 with Reliance's media expansion strategy
Viacom18 becomes fully owned subsidiary of Reliance Industries
The change comes after the conversion of over 24.61 crore compulsorily convertible preference shares (CCPS) into an equal number of equity shares.
Reliance industries takes full control of Viacom18
On December 30, 2024, Reliance Industries, led by billionaire Mukesh Ambani, completed the conversion of 24,61,33,682 CCPS into equity shares, as approved by the shareholders of Network18. As a result, Viacom18 is now a direct subsidiary of RIL, effective from December 30, 2024, and has ceased to be a subsidiary of Network18.
Viacom18 separated from Network18; turns direct subsidiary of Reliance
Viacom18 has become a direct subsidiary effective December 30, 2024, and ceases to be a subsidiary of Network18, RIL said after allotment of equity shares from Viacom18
Viacom18 Media Officially Transitions to Subsidiary Status Under Reliance Industries
Viacom18 Media has officially become a subsidiary of Reliance Industries as of December 30, 2024, following the conversion of preference shares.
Viacom18 becomes subsidiary of Reliance Industries
Viacom18 transitions to a subsidiary of Reliance Industries Limited post the conversion of 24.61 crore CCPS into equity shares, granting Reliance an 83.88% equity share capital. This marks a shift from Network18's control,
Viacom18 becomes direct subsidiary of Reliance Industries
Viacom18 Media, a media and entertainment company, has become a direct subsidiary of Reliance Industries following the conversion of over 24.61 crore compulsorily convertible preference shares (CCPS) into an equivalent number of equity shares.
Viacom18 becomes a unit of Reliance Industries
As previously disclosed in an exchange filing on November 14, RIL held a 70.49% stake in Viacom18 on a fully diluted basis, which included 5,57,27,821 equity shares and 24,61,33,682 compulsorily convertible preference shares (CCPS).
Viacom18 Media becomes direct subsidiary of Reliance Industries
Viacom18 Media now a direct subsidiary of Reliance Industries after conversion of 24.61 crore CCPS into equity shares.
Viacom18 becomes subsidiary of Reliance
Media conglomerate Viacom18 Media has become a subsidiary of Reliance Industries effective December 30, 2024, after the conversion of over 24.61 crore compulsorily convertible preference shares (CCPS) into an equivalent number of equity shares.
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Mukesh Ambani's RIL boosts stake in Viacom18! Reliance Industries ups stake from 70.49% to THIS MUCH
Viacom18 Media Private Limited has officially become a subsidiary of Reliance Industries Limited, effective December 30, 2024 ...
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Viacom18 is now a subsidiary of Reliance Industries
Previously, Viacom18 was a subsidiary of Network18 Media & Investments Limited. However, with shareholder approval under ...