New Delhi Television (NDTV) , one of India's leading media companies, has received a significant reprieve as tax authorities have concluded proceedings against the company, dropping a potential tax demand of ₹17.27 crore.

Tax Proceedings Dropped

According to a recent corporate filing, NDTV informed the stock exchanges that the Assistant Commissioner / GSTO, Ward 300 (E-Commerce), Zone 10, Delhi, has issued an order dated September 18, 2025, dropping the proceedings initiated under Section 73 of the Central Goods and Services Tax Act, 2017 and the State Goods and Services Tax Act, 2017.

Background of the Case

The case dates back to July 4, 2025, when NDTV had received a Show Cause Notice from the Sales Tax Officer, Class II/AVATO, Ward 300 (E-Commerce), Zone 10, Delhi. The notice, issued under various sections of the Central Goods and Services Tax Act, 2017, the Delhi Goods and Services Tax Act, 2017, and the Integrated Goods and Services Tax Act, 2017, had proposed a demand of ₹17.27 crore.

Financial Implications

In a positive turn of events for the media company, NDTV stated in its filing, "Accordingly, there is no financial implication on the Company in this matter." This development comes as a relief for NDTV, eliminating a potential financial burden and regulatory concern.

Market Impact

While the specific market reaction to this news is not available, the resolution of tax-related issues often has a positive impact on investor sentiment. The clarity provided by the conclusion of these proceedings may contribute to a more stable outlook for NDTV's financial position.

NDTV continues to operate from its corporate office at Max Square, Floors 1 & 2, Plot No. C3-C, Noida-Greater Noida Expressway, Sector-129, Noida, Uttar Pradesh. As the tax authorities have concluded their proceedings without any adverse findings, NDTV can now focus on its core business operations without the overhang of this regulatory issue.

New Delhi Television (NDTV) has announced the launch of a rights issue aimed at raising Rs 396.5 crore from eligible shareholders. The media company's strategic move is designed to fuel its expansion plans and strengthen its financial position.

Rights Issue Details

Utilization of Funds

NDTV has outlined several key areas for utilizing the funds raised through this rights issue:

1. Expanding distribution channels both domestically and internationally
2. Brand-building initiatives
3. Developing new intellectual properties
4. Reducing existing debt
5. General corporate purposes

Management's Perspective

CEO Rahul Kanwal expressed optimism about the rights issue, stating that it will "strengthen NDTV for its next growth phase and help explore new digital opportunities." This indicates the company's focus on adapting to the evolving media landscape and capitalizing on digital trends.

Corporate Structure

NDTV now operates as a division of AMG Media Networks Ltd., which is a wholly owned subsidiary of Adani Enterprises Ltd. This structure places NDTV within the larger Adani Group ecosystem.

Market Response

Following the announcement of the rights issue, NDTV's stock experienced a slight dip, trading 0.80% lower at Rs 125.65. This minor fluctuation suggests that the market is still assessing the potential impact of this capital-raising initiative on the company's future performance.

The rights issue represents a significant move for NDTV as it seeks to bolster its financial position and invest in growth opportunities. Shareholders will have until October 8, 2025, to participate in this offering, which could play a crucial role in shaping the media company's trajectory in the coming years.