JioStar to merge Indiacast into parent company

JioStar has proposed April 1, 2025, as the effective date for the merger

by e4m Staff
Published: Feb 9, 2026 9:21 AM | 1 min read

JioStar to merge Indiacast into parent company

JioStar, the Reliance Industries Disney joint venture, has said it will merge its television distribution arm, Indiacast Media Distribution, into the parent company through a fast track process under Section 233 of the Companies Act, according to a regulatory filing.

The merger will transfer Indiacast’s entire business, including assets, liabilities, employees, contracts and legal matters, to JioStar India, subject to statutory approvals. As Indiacast is a wholly owned subsidiary, the scheme involves no share issuance or cash consideration, and the company will be dissolved once the merger takes effect.

JioStar has proposed April 1, 2025, as the effective date, or any other date approved by its board.

Indiacast aggregates and distributes television channels to cable and DTH platforms. It was earlier a joint venture between Viacom18 and TV18, which have since been absorbed into group entities following the formation of JioStar. The company also distributes channels for Eenadu Television and AETN18, which operates History TV18.

For fiscal 2025, Indiacast reported total income of ₹240 crore and a net loss of ₹24 lakh, compared with income of ₹224 crore and a net loss of ₹2.63 crore in the previous year.

The JioStar India board approved the merger in July 2025, and the notice inviting objections or suggestions was filed with the Registrar of Companies in January 2026. All intercompany balances between Indiacast and JioStar India will be cancelled as part of the scheme.