New Delhi Television (NDTV) has announced a strategic move to strengthen its position in the lifestyle-focused broadcasting segment. The company's Board of Directors has approved the acquisition of the GoodTimes Channel business undertaking from Lifestyle & Media Broadcasting Limited (LMBL) through a slump sale, valued at up to Rs 18.00 crore on a cash-free debt-free basis.

Updated Transaction Timeline

In a recent disclosure to the stock exchanges, NDTV has provided an important update regarding the acquisition timeline. The company has informed that the proposed transaction, which was initially expected to be completed within approximately three months from the original announcement, is currently underway but will now require an additional three months for completion.

Key Details of the Acquisition

The acquisition parameters remain unchanged from the original announcement:

Strategic Implications

The acquisition of the GoodTimes Channel is expected to:

1. Strengthen NDTV's strategic positioning in the broadcasting industry
2. Diversify and expand the company's operational capabilities
3. Enhance long-term stakeholder value in the lifestyle-focused broadcasting segment

Transaction Structure and Compliance

NDTV has executed a binding Term Sheet for the transaction, which is classified as a related party transaction due to LMBL being a joint venture of NDTV. The company emphasized that the deal is being conducted on an arm's length basis, supported by a valuation report from a registered valuer.

The consummation of the proposed transaction remains subject to receipt of applicable statutory and regulatory approvals and fulfillment of customary conditions precedent. In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, NDTV has disclosed the timeline update to both BSE and NSE.

Additional Corporate Update

In a separate development, NDTV also announced that the Assistant Commissioner / GSTO, Ward 300 (E-Commerce), Zone 10, Delhi, has dropped the proceedings initiated under Section 73 of the Central Goods and Services Tax Act, 2017 and the State Goods and Services Tax Act, 2017. This resolution of the previously issued Show Cause Notice, which had proposed a demand of Rs 17.27 crores, results in no financial implication for the company.

As NDTV moves forward with the extended timeline for the GoodTimes Channel acquisition and resolves past regulatory issues, investors and industry observers will be keenly watching the company's strategic moves in the evolving media landscape.

New Delhi Television (NDTV) has re-filed its compounding applications with the Reserve Bank of India (RBI), marking a significant development in ongoing regulatory proceedings under the Foreign Exchange Management Act, 1999. The company submitted these applications on December 15, 2025, through a regulatory disclosure to stock exchanges.

Background of Legal Proceedings

The current filing follows developments related to a Special Leave Petition that was previously filed by the Directorate of Enforcement before the Supreme Court. The company had earlier disclosed the dismissal of this petition on August 14, 2024, which led to consequential developments in the compounding proceedings.

Details of Current Filing

The re-filed applications specifically address matters that form part of a Show Cause Notice dated November 13, 2015. The following table summarizes the key details of this regulatory action:

Regulatory Compliance

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders. Company Secretary and Compliance Officer Parinita Bhutani Duggal signed the notification, which was submitted to both BSE Limited and National Stock Exchange of India Limited.

Company Information

New Delhi Television Limited operates from its registered office in Greater Kailash, New Delhi, with corporate offices in Noida, Uttar Pradesh. The company trades on stock exchanges under the scrip code 532529 on BSE and symbol NDTV on NSE.