TV18

Television Eighteen India Ltd. has informed the Exchange that the Company's Board met on April 18, 2006 and approved in principle investments to the tune of Rs.250 cr in new ventures and potential acquisitions. The majority of these projects are intended to be in the television, internet and "triple convergence" areas. It is planned that while some of these investments will create greenfield projects, others are likely to result in acquisitions of operating companies. A significant amount of this investment shall be raised by the sale of strategic stakes in some of these downstream subsidiary

Television Eighteen India Ltd. has informed the Exchange that a meeting of the BODs of the company was held on January 19,2005 whereat the Board approved the following: 1)The company is launching a Fixed Deposit Scheme. 2)Increase in borrowing limit of the Company from Rs.100 Crores to Rs.500 Crores. 3)Increase in limit for creation of charge from Rs. 200 Crores to Rs.500 Crores. 4)Delisting of its shares from The Delhi Stock Exchange Association Limited. 5)Re-appointment of Mr. Raghav Bahl as Managing Director of the Company for 5 years w.e.f April 01,2005 to March 31, 2010.