New Delhi Television Ltd expects to complete the acquisition of the GoodTimes Channel business undertaking from Lifestyle & Media Broadcasting Limited within a period of approximately one month. The proposed transaction, which is currently underway, was previously disclosed to the exchanges on September 19, 2025, December 18, 2025, and March 20, 2026. The completion of this acquisition is subject to the receipt of applicable statutory and regulatory approvals and the fulfilment of customary conditions precedent.

Transaction Details

The acquisition involves the purchase of the business undertaking comprising the “GoodTimes” Channel. The company has been updating the stock exchanges regarding the progress of this transaction since September 2025.

Regulatory Disclosures

The disclosure was made to BSE Limited and the National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was submitted by Parinita Bhutani Duggal, the Company Secretary and Compliance Officer of New Delhi Television Limited.

New Delhi Television Limited has received relief from the Securities and Exchange Board of India (SEBI) regarding a long-standing regulatory issue. The regulator has disposed of adjudication proceedings against the company, concluding that it did not violate the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as alleged in a Show Cause Notice from 2020. Consequently, no monetary penalty has been imposed on the company.

The dispute originated from a Show Cause Notice issued on January 27, 2020, which alleged non-compliance with Regulation 30 of the SEBI Listing Regulations. The notice concerned disclosures related to certain arrangements entered into in 2009 involving Vishvapradhan Commercial Private Limited (VCPL), RRPR Holding Private Limited, and the erstwhile promoters of the company.

SEBI passed Adjudication Order No. Order/JS/DP/2026-27/32428 on May 29, 2026. The Adjudicating Officer determined that the disclosure obligation alleged in the Show Cause Notice did not arise given the facts and circumstances of the case. The company received this order on June 1, 2026.

The company stated that there is no financial, operational, or other material impact on its activities resulting from the order. The disclosure was made to BSE Limited and the National Stock Exchange of India Limited in compliance with SEBI master circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Key Details of the SEBI Order