Channel Guide India's member at the EGM of the company held on 24 February 2006 has unanimously decided to increase the authorised capital from Rs 3.5 crore to Rs 18. 5 crore and alteration in existing clause V of the memorandum of association and alteration in article 4 of the articles of association of the company.

The members had also decided to issue of 3 crore equity shares of Rs 5 each for cash at a premium of Rs 2 per share on right basis in the ratio of 5 equity shares for every equity share held by the shareholders.