NDTV Shareholders Approve Director Reappointment and Related Party Transactions Through Postal Ballot
New Delhi Television Limited successfully completed its postal ballot e-voting process from February 26-27, 2026, with shareholders approving three key resolutions. The special resolution for Mr. Sanjay Pugalia's reappointment as Whole-time Director received 99.75% approval, while ordinary resolutions for related party transactions with NDTV Convergence Limited and Adani Enterprises Limited for FY 2026-27 were approved with approximately 60.89% and 60.88% votes in favor respectively. The process involved 95,786 eligible shareholders and was conducted exclusively through electronic voting via NSDL platform.

*this image is generated using AI for illustrative purposes only.
New Delhi Television (NDTV) has successfully concluded its postal ballot process through e-voting, with shareholders approving three key corporate resolutions. The electronic voting period ran from February 26, 2026, at 9:30 A.M. (IST) to March 27, 2026, at 5:00 P.M. (IST), facilitated through the National Securities Depository Limited (NSDL) platform.
Voting Process and Participation
The company conducted the postal ballot exclusively through electronic means, in accordance with MCA circulars issued between 2020 and 2025. The total shareholder base comprised 95,786 shareholders as of the cut-off date of February 20, 2026. The voting process was overseen by Vishal Arora & Associates, Company Secretaries, who served as the scrutinizer for the e-voting process.
| Parameter | Details |
|---|---|
| Total Shareholders: | 95,786 |
| Cut-off Date: | February 20, 2026 |
| E-voting Period: | February 26 - March 27, 2026 |
| Scrutinizer: | Vishal Arora & Associates |
Resolution Results
Special Resolution - Director Reappointment
The reappointment of Mr. Sanjay Pugalia (DIN: 08360398) as Whole-time Director received overwhelming shareholder support. A total of 327 members cast 78,295,032 votes on this resolution.
| Vote Type | Members | Votes Cast | Percentage |
|---|---|---|---|
| Assent: | 265 | 78,098,710 | 99.75% |
| Dissent: | 62 | 196,322 | 0.25% |
| Total: | 327 | 78,295,032 | 100.00% |
Ordinary Resolutions - Related Party Transactions
Two ordinary resolutions concerning material related party transactions for financial year 2026-27 were also approved by shareholders.
NDTV Convergence Limited Transaction Approval:
| Vote Type | Members | Votes Cast | Percentage |
|---|---|---|---|
| Assent: | 264 | 255,592 | 60.89% |
| Dissent: | 61 | 164,173 | 39.11% |
| Total: | 325 | 419,765 | 100.00% |
Adani Enterprises Limited Transaction Approval:
| Vote Type | Members | Votes Cast | Percentage |
|---|---|---|---|
| Assent: | 263 | 255,542 | 60.88% |
| Dissent: | 62 | 164,223 | 39.12% |
| Total: | 325 | 419,765 | 100.00% |
Voting Pattern Analysis
The voting results revealed distinct patterns across different shareholder categories. For the director reappointment resolution, promoter and promoter group shareholders holding 77,875,267 shares voted unanimously in favor with 100% support. Public institutional shareholders showed 69.31% participation but voted against the resolution with 99.95% dissent. Public non-institutional shareholders demonstrated 1.11% participation with 57.77% voting in favor.
For both related party transaction resolutions, promoter and promoter group shareholders abstained from voting due to their interest in the agenda. Public institutional shareholders maintained 100% support for both resolutions, while public non-institutional shareholders showed approximately 57.53-57.55% support for the transactions.
Regulatory Compliance
The postal ballot process was conducted in full compliance with Section 108 and 110 of the Companies Act, 2013, and Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014. The company published public notices in "Financial Express" (English) and "Jansatta" (Hindi) on February 26, 2026, as required under regulatory provisions. The scrutinizer's report confirms that all resolutions were passed with the requisite majority and proper procedural compliance was maintained throughout the voting process.
How might the approved related party transactions with Adani Enterprises Limited impact NDTV's editorial independence and content strategy going forward?
What specific business synergies could emerge from the strengthened relationship between NDTV and Adani group companies in FY 2026-27?
Will the significant dissent from public institutional shareholders on director reappointment influence NDTV's future governance decisions?

































