New Delhi Television Ltd - 532529 - Sub: Disclosure Under Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015
Dear Sirs, With respect to the media reports about an order having been passed by the Securities and Exchange Board of India ('SEBI') against New Delhi Television Limited ('the Company') imposing a penalty of Rs. 12,00,000/- (Rupees Twelve Lakhs only) under the provisons of Section 15A(b) of the SEBI Act, 1992, due to certain alleged non-compliances of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 1997 by the Company, we wish to inform you that the Company has not received any such order from SEBI. However, an order dated June 17, 2019 passed by SEBI to this effect has been uploaded on the SEBI website. The Company will be filing an appeal against the said order if and when the same is received by the Company, and as per advice received by the Company, this order is likely to be set aside in appeal. You are requested to take the above information on record.19-06-2019