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Adjudication Order in the matter of New Delhi Television Limited

SEBI closed 2026
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What is this order about?

This order addresses SEBI's findings that New Delhi Television Limited (NDTV) failed to disclose a change in control to stock exchanges, violating securities regulations.

Who it concerns

New Delhi Television Limited

What was found or directed

  • NDTV violated regulation 30(1), 30(3), 30(4), and 30(6) read with clause 8 of Para B of Part A of Schedule III of LODR Regulations and clause 8 of Para B of Annexure-I to SEBI Circular CIR/CFD/CMD/4/2015
  • NDTV did not disclose to stock exchanges that VCPL had indirectly acquired control in NDTV
  • SEBI's 2018 order directed VCPL to make public announcement to acquire shares of NDTV within 45 days
  • NDTV's disclosures on June 27, 2018 and July 2, 2018 stated that promoters continued to own 61.45% of NDTV and control it
Source bodySecurities & Exchange Board of India (SEBI) — enforcement orders
Reference numberOrder/JS/DP/2026-27/32428
Statusclosed (section: order)
Year2026
Closing date
Documents1

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Documents

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Order 2026-05-29 ORDER_1780046247.pdf
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