New Delhi Television has informed that in continuation of the disclosures made by New Delhi Television Limited (NDTV/ Company) on December 24, 2020, February 5, 2021 and February 15, 2021, Prannoy Roy, Radhika Roy and RRPR Holding Private Limited, the Founders of NDTV, have informed the Company that they have filed an application on February 26, 2021 before the Securities Appellate Tribunal (SAT) seeking review/ modification of its interim order dated February 15, 2021. SAT, in its order dated February 15, 2021, had granted partial interim relief to the Founders and held that if the Founders deposit 50% of the penalty amount (excluding interest), within a period of 4 weeks, then the balance amount shall not be recovered during the pendency of appeal.
The above information is a part of company’s filings submitted to BSE.