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IBN-Lokmat is the latest offering from the IBN18 Network and Network18’s foray into the regional news space. IBN-Lokmat is a joint venture between the Lokmat group and IBN18 Broadcast Ltd. IBN-Lokmat is a news channel for the ‘Progressive Marathi’ that brings credible news. The channel talks in contemporary Marathi, is inclusive in approach, does not mince words when it comes to taking up an issue and is highly interactive and informative. The channel focuses on Maharashtra and not only on Mumbai. IBN-Lokmat with its state-of-the-art broadcast center, extensive infrastructure, backed by the Network18 experience, has international production quality that truly reflects its spirit of ‘Chala Jag Jinkuya’. IBN-Lokmat is home to the finest new age multimedia journalists lead by the firebrand Nikhil Waghle.

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ibn18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India ("SEBI"). The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the website of the Lead Manager at www.icicisecurities.com.. Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to the section titled "Risk Factors" of the Draft Letter of Offer for details of the same.