New Delhi Television Limited has informed the Exchange regarding Notice of Postal Ballot
NDTV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
NDTV has issued a postal ballot notice to shareholders with three items for approval via remote e-voting from February 26 to March 27, 2026. Item 1 is the re-appointment of Mr. Sanjay Pugalia (DIN: 08360398) as Whole-time Director for 3 years (April 1, 2026 to March 31, 2029) with proposed remuneration of up to Rs. 3 crore per annum; he drew NIL remuneration from NDTV in FY25 since he is paid by holding company AMG Media Networks. Items 2 and 3 seek approval for material related party transactions with NDTV Convergence Limited (95.40% subsidiary) and Adani Enterprises Limited (Ultimate Holding Company) for FY26-27, as the deal values are expected to exceed the materiality threshold of Rs. 46.50 crore (10% of consolidated turnover). The company posted a loss of Rs. 199.79 crore in FY25 on revenue of Rs. 261.72 crore, attributing the loss to expansion and infrastructure costs outpacing revenue growth.
This is a procedural shareholder-approval filing rather than a material business event, so the direct stock-price impact is limited. The annual RPT approvals with Adani group entities are routine given AEL is the ultimate holding company, but retail investors should review the explanatory statement to understand the scale and nature of these related-party deals before voting.