TV Today Network Limited has received a significant income tax demand notice of ₹11,16,14,958 for the financial year 2019-20, the media company disclosed in a regulatory filing on February 10, 2026. The demand notice was issued by the Assistant Commissioner of Income Tax (ACIT) Circle 25(1) Delhi under Regulation 30 of SEBI Listing Regulations.

Tax Demand Details

The income tax demand arose following a rectification order passed under Section 154 read with Section 143(1) of the Income Tax Act, 1961. The tax authorities have raised the demand citing incorrect set off of carried forward losses by the company during FY 2019-20.

Company's Response and Impact Assessment

TV Today Network has clarified that the tax demand will not have any material impact on the company's financials, operations, or other business activities. The company has indicated its intention to challenge the demand notice through proper legal channels.

The media conglomerate plans to file an appeal before the Commissioner of Income Tax (Appeals) against the aforementioned demand notice, exercising its right to contest the tax authorities' assessment.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to inform stock exchanges about material events that could impact investor decisions.

TV Today Network operates multiple popular media brands including Aaj Tak, India Today, and several other television channels and digital platforms under the India Today Group umbrella. The company continues to maintain that this tax dispute will not affect its ongoing business operations while it pursues the appropriate legal remedies available under the Income Tax Act.

TV Today Network Limited's promoter, Living Media India Limited, has strengthened its position in the company by acquiring 4,50,000 additional equity shares through a bulk deal executed on December 23, 2025. The acquisition was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share acquisition represents a strategic move by Living Media India Limited. The transaction details are outlined below:

Shareholding Pattern Changes

The acquisition has resulted in a notable change in Living Media's shareholding pattern in TV Today Network Limited:

Company Capital Structure

TV Today Network Limited maintains the following capital structure:

• Total Equity Share Capital: ₹29.83 crores
• Number of Equity Shares: 5,96,68,615 shares
• Face Value per Share: ₹5
• Listing: National Stock Exchange of India Limited and BSE Limited

Regulatory Compliance

The disclosure was filed by Yatender Kumar Tyagi, Chief Financial Officer of Living Media India Limited, ensuring compliance with SEBI regulations. The transaction maintains transparency in substantial acquisition activities as required under the regulatory framework.

Living Media India Limited, headquartered in Noida with its registered office in New Delhi, continues to operate as the promoter entity for TV Today Network Limited. The acquisition reinforces the promoter's commitment to the media company while maintaining regulatory compliance through proper disclosure mechanisms.