What is the goal of the JioStar India and IndiaCast merger?

The merger aims to achieve operational, managerial, and strategic efficiencies through consolidation of assets and liabilities, legal entity rationalization, and reduction in administrative, legal, and regulatory overheads.

What is the proposed effective date for the IndiaCast merger?

The proposed effective date for the merger is April 1, 2025.

How is the merger of IndiaCast into JioStar India being facilitated?

The merger is being facilitated under Section 233 of the Companies Act, which enables fast-track mergers, and was approved by JioStar India's board on July 14, 2025.

Home / Business and Economy / IndiaCast Merges With JioStar in Fast-Track Deal

IndiaCast Merges With JioStar in Fast-Track Deal

9 Feb

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Summary

JioStar India is merging IndiaCast Media Distribution into its parent company.
The merger utilizes Section 233 for a fast-track approval process.
The effective date for this significant corporate consolidation is set for April 1, 2025.

IndiaCast Merges With JioStar in Fast-Track Deal

JioStar India is set to merge its wholly owned television distribution subsidiary, IndiaCast Media Distribution, into the parent company. This amalgamation is proceeding via Section 233 of the Companies Act, facilitating a rapid merger process. All of IndiaCast's assets, liabilities, and employees will transition to JioStar India, pending regulatory approval.

The proposed effective date for this merger is April 1, 2025. This consolidation aims to boost operational, managerial, and strategic efficiencies by rationalizing legal entities and reducing administrative overheads. IndiaCast's financial performance for fiscal 2025 showed a total income of ₹240 crore with a net loss of ₹24 lakh.

The scheme of amalgamation was approved by JioStar India's board on July 14, 2025. Legal experts suggest such schemes under Section 233 typically conclude within two to three months if no objections arise, promoting a more streamlined group structure.