New Delhi Television (NDTV) has received GST scrutiny notices from tax authorities alleging excess Input Tax Credit claims and short payment of taxes for two consecutive financial years. The media company disclosed this development through a regulatory filing on January 8, 2026, under SEBI listing regulations.

GST Scrutiny Notice Details

The scrutiny notices in Form GST ASMT-10 were issued on January 7, 2026, by the Assistant Commissioner/GSTO, Ward 300 (E-Commerce), Zone 10, Delhi. These notices have been issued under Section 61 of multiple GST acts including 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.

Nature of Allegations

The tax authorities have alleged two primary violations in their scrutiny notices:

• Wrongful availment of excess Input Tax Credit (ITC): The company is accused of claiming ITC beyond permissible limits
• Short payment of tax: Authorities allege that NDTV has underpaid its GST obligations during the specified periods

These allegations span across two financial years, with FY 2023-24 carrying a higher proposed liability compared to FY 2022-23.

Company's Response Strategy

NDTV has indicated it is currently examining the allegations and underlying documentation provided by the tax authorities. The company plans to take comprehensive legal and procedural steps in accordance with applicable law. Key aspects of their response approach include:

• Detailed examination of all allegations and supporting documents
• Filing comprehensive responses within prescribed legal timelines
• Taking appropriate legal recourse as deemed necessary
• Ensuring compliance with all procedural requirements

Impact Assessment

The company has clarified that there is no immediate impact on its financial position, operations, or other business activities arising from these scrutiny notices. The proposed liabilities remain subject to adjudication, indicating that the final outcome will depend on the resolution of the scrutiny process and any subsequent legal proceedings.

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders regarding material developments affecting the company.

New Delhi Television (NDTV) has formally notified stock exchanges about an upcoming board meeting scheduled to review its quarterly financial performance. The media company's announcement comes as part of its regular disclosure obligations to shareholders and regulatory authorities.

Board Meeting Details

The company has scheduled a Board of Directors meeting for Wednesday, January 28, 2026, with a specific focus on financial results consideration. The meeting agenda includes review and approval of both standalone and consolidated unaudited financial results.

Trading Window Restrictions

In compliance with insider trading regulations, New Delhi Television Limited has implemented a trading window closure affecting all company securities. This measure ensures adherence to the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct.

The trading restrictions apply to all dealings in company securities during this period, providing a buffer around the financial results announcement to prevent any potential insider trading activities.

Regulatory Compliance

The board meeting notification has been issued pursuant to Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework mandates timely disclosure of board meetings where financial results will be considered.

The company has communicated this information to both major stock exchanges where its shares are listed. The notification was sent to BSE Limited, where NDTV trades under scrip code 532529, and the National Stock Exchange of India Limited, where it trades under the symbol NDTV.

Corporate Communication

Company Secretary and Compliance Officer Parinita Bhutani Duggal signed the official communication on January 6, 2026. The intimation has also been uploaded to the company's official website to ensure comprehensive stakeholder access to this important corporate announcement.

The structured approach to financial results disclosure demonstrates New Delhi Television Limited's commitment to maintaining transparency and regulatory compliance in its corporate governance practices.