MUMBAI:NDTV Ltd may well be looking at bringing about structural changes in separating its general and business news which are currently housed in the same company.

There was no official announcement to this effect but the company said that its board had decided "to position the news and business news segments for their next phase of growth with the objective of encouraging entrepreneurship within the company." Also mentioned was that the proposed structure "should also allow growth opportunities through acquisitions and / or strategic tie-ups in India or abroad and benchmark the operations with global peers to enhance shareholder value."

NDTV is also open to diluting up to 10 per cent of its present paid-up capital. This, the company said, would be carried out at the option of the holders seeking conversion of securities into equity shares.

NDTV plans to raise Rs 4 billion through a mix of debt and equity. The board has approved the fund-raising scheme through preferential issue, Qualified Institutional Placement (QIP), follow-on issue, or rights issue constituting a combination of equity shares, convertible debentures, convertible preference shares and warrants etc.

The company has appointed ENAM Financial Consultants, BSR and Co and KPMG as advisors for the same, the company said.

The company has appointed ENAM Financial Consultants, BSR and Co and KPMG as advisors for the same, the company said.