Bigul

NEW DELHI TELEVISION LTD. - 532529 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

In continuation of the disclosure dated February 12, 2021, it is informed that New Delhi Television Limited has filed a writ petition on February 18, 2021 before the Hon'ble Delhi High Court assailing the order dated January 29, 2021 ('Impugned Order') passed by the Dispute Resolution Panel-2, under Section 144C(5) of the Income-tax Act, 1961 for Assessment Year 2009-10. You are requested to take the above information on record.
18-02-2021
Bigul

NEW DELHI TELEVISION LTD. - 532529 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

The Company have filed an appeal on February 11, 2020 before the Securities Appellate Tribunal assailing the order dated December 29, 2020 ('Impugned Order') passed by the Securities and Exchange Board of India (SEBI), whereby, a penalty of Rs. 5 crores was imposed on the Company under Section 23E of the Securities Contracts (Regulation) Act, 1956 for alleged non-disclosure of the loan agreements entered into in 2009-2010 by the Founders of NDTV with Vishvapradhan Commercial Private Limited (VCPL). You are requested to take the above information on record in furtherance of the disclosure dated December 29, 2020.
11-02-2021
Bigul

NEW DELHI TELEVISION LTD. - 532529 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

The Company has received an order on February 10, 2021 from the Dispute Resolution Panel-2 (DRP), whereby DRP has decided on the objections filed by the Company against the Draft Order dated December 27, 2019 u/s 254/ 144 of the Income Tax Act for the Assessment Year 2009-10. The Assessing Officer has been directed to suitably incorporate the findings of the DRP in respect of the objections in the final order. The Company's lawyers are evaluating the implications of the DRP order. There is no tax demand against the Company at present since the final assessment order is yet to be passed. You are requested to take the above information on record.
11-02-2021
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