Reliance Capital has offloaded 4.79 lakh shares of TV Today Network through the open market route. The shares were sold on an average price of Rs 154.15 valuing the transaction to Rs 7.38 crore.
TV Today Network (TVTN) operates news channels and is promoted by Living Media India (LMIL). The latter had been conducting news broadcasting business through one of its divisions, 'TV Today Division' since 1994. TV Today Division has now been transferred to TVTN. It runs 24 hours news & current affairs channels, namely, 'Aaj Tak', ‘Tez’ and ‘Delli Aaj Tak’ in Hindi and 'Headlines Today' in English.
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