Announced Tue, 2 Jun · 15:33 IST
New Delhi Television Limited has informed the Exchange that SEBI has disposed of the adjudication proceedings and concluded that the Company has not violated the provisions of the SEBI Listing Regulations as alleged in the Show Cause Notice dated January 22, 2020 and accordingly, no monetary penalty has been imposed on the Company.
NDTV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.1%1-day move
₹82.99
prior close
₹82.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6+0.0-0.3-0.6-0.1+1.9-1.4-1.2-4.8-1.8-2.2-2.2——
Up moveDown movePending
AI summary
SEBI has concluded its adjudication proceedings against NDTV and found that the company did not violate SEBI Listing Regulations as alleged in the Show Cause Notice dated January 22, 2020. No monetary penalty has been imposed on the company. The matter, which had been pending for several years, has now been fully closed in NDTV's favour. This removes a long-standing regulatory overhang on the stock.
Likely market impact
Positive for shareholders — the closure of the SEBI case without any penalty removes an old regulatory overhang and removes any financial liability or reputational risk tied to the 2020 show cause notice.