New Delhi Television (NDTV) , a prominent Indian media company, has announced that its Board of Directors will meet on September 2, 2025, to deliberate on potential fundraising strategies. This development comes as the company explores various avenues to strengthen its financial position.

Key Points of the Announcement

• Meeting Date: The board meeting is scheduled for Tuesday, September 2, 2025.
• Primary Agenda: To consider proposals for fund raising through various means.
• Potential Fundraising Methods: The board will discuss options including:
  • Issuance of equity shares
  • Rights issue
  • Other appropriate modes permitted under applicable laws

Regulatory Compliance

NDTV has made this announcement in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has duly informed both the BSE Limited and the National Stock Exchange of India Limited about the upcoming board meeting.

Implications and Next Steps

The outcome of this meeting could have significant implications for NDTV's financial structure and future growth plans. Any decision regarding fundraising will be subject to necessary regulatory and statutory approvals.

Investors and stakeholders will be keenly watching for the results of this meeting, as it may provide insights into NDTV's financial strategy and potential expansion plans. The company is expected to make further announcements following the board meeting, detailing any decisions made regarding the fundraising initiatives.

As the media landscape continues to evolve, NDTV's move to explore fundraising options could be seen as a step towards reinforcing its position in the competitive market. However, the specific impact of any fundraising activity will depend on the method chosen and the amount raised, details of which are yet to be determined.

Shareholders and interested parties are advised to keep an eye on future communications from NDTV for more information on the outcomes of this crucial board meeting.

New Delhi Television (NDTV) , a prominent Indian media company, has received a significant reprieve in its ongoing tax dispute with the Indian income tax authorities. The Principal Commissioner of Income Tax has granted a stay on the recovery of income tax demand for the Assessment Year 2008-09, pending the final disposal of NDTV's appeal before the Commissioner of Income Tax (Appeals).

Background of the Tax Dispute

The tax dispute stems from reassessment proceedings initiated under Section 148 of the Income-tax Act for the Assessment Year 2008-09. NDTV faced a setback when the Supreme Court dismissed their Special Leave Petition against a Delhi High Court judgment. However, the apex court granted NDTV the liberty to raise contentions in the reassessment proceedings.

Recent Developments

Following the Supreme Court's decision, NDTV took the following steps:

1. Filed an appeal before the Commissioner of Income Tax (Appeals), which is currently pending adjudication.
2. Faced rejection of their stay application against the demand raised under Section 147 of the Income-tax Act by the Assessing Officer.

Current Status

In a positive turn of events for NDTV, the Principal Commissioner of Income Tax (Central), Delhi-1, has now granted a stay on the recovery of the tax demand for the Assessment Year 2008–09. This stay will remain in effect pending the final disposal of NDTV's appeal before the Commissioner of Income Tax (Appeals).

Implications

This stay provides NDTV with temporary relief from the tax demand, allowing the company to focus on its operations while the appeal process continues. It also highlights the complex nature of tax disputes in India and the multiple legal avenues available to companies in such cases.

Company's Disclosure

NDTV, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has duly informed the stock exchanges about this development. The company's disclosure provides a chronological update on the litigation, demonstrating NDTV's commitment to transparency in its legal proceedings.

As this tax dispute continues to unfold, stakeholders will be closely watching the outcome of NDTV's appeal before the Commissioner of Income Tax (Appeals). The final decision could have significant financial implications for the media company and may set a precedent for similar cases in the industry.