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Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 2 crore on New Delhi Television (NDTV) for delayed disclosures to the stock exchanges about a Rs 450 crore tax demand in early 2014. The fine has been slapped for violation of disclosure norms under listing agreement.

The matter relates to a tax demand of Rs 450 crore raised by the Income Tax Department through an assessment order, dated February 21, 2014, issued by Assessing Officer for the Assessment Year 2009-10. The matter was informed to the BSE and the NSE only in May 2014. Out of total, a penalty of Rs 25 lakh has been imposed for violation under one section related to disclosure norms and another Rs 1.75 crore fine under the section of the Securities Contracts (Regulation) Act.

NDTV operates as a television media company in India and internationally. Its channels offer news and current affairs, lifestyle, entertainment, and youth programs, as well as family and realty shows, chat shows, and period dramas.

New Delhi Television Share Price

81.84 0.79 (0.97%)
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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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