New Delhi Television Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on Jun 24, 2025. Further, the company has informed the Exchange regarding voting results.
NDTV · price
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Awaiting price reaction for this filing.
NDTV has submitted the voting results of its 37th AGM held on June 24, 2025 via video conferencing, along with the scrutinizer's report. All 11 resolutions were passed with overwhelming majority (over 99.9% in favour on most items). Key resolutions included adoption of FY25 audited financial statements, re-appointment of statutory and secretarial auditors, re-appointment of three independent directors for a second 3-year term, and re-designation of Mr. Senthil Chengalvarayan from Whole-time Director to Non-Executive Non-Independent Director. The two significant special resolutions were the adoption of new Articles of Association (99.94% in favour) and approval of a scheme of amalgamation merging four wholly-owned subsidiaries (NDTV Labs, NDTV Media, NDTV Networks, and NDTV Worldwide) into NDTV under Section 233 of the Companies Act, 2013. Voting turnout was about 64.78% of total shares, with promoters (holding 4.17 crore shares, roughly 64.7% of equity) voting entirely in favour of all resolutions. The only notable dissent was on the new Articles of Association, where all institutional public shareholders voted against (24,226 shares), though the resolution still passed easily.
Routine AGM housekeeping — no surprises. The amalgamation will simplify NDTV's group structure by absorbing four wholly-owned subsidiaries, which should streamline operations and reduce compliance costs, with no change in shareholding for existing shareholders. Investors should note the institutional dissent on the new Articles of Association, though it was small in magnitude.