The Exchange had sought clarification from TV Vision Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Financial results submitted is not as per format prescribed by SEBI The response of the Company is enclosed.

TV Vision Limited responded to NSE's query about its March 31, 2025 results by saying a required 'balancing figures' note was accidentally missed, and has now submitted revised results. The accompanying auditor's report (P. Parikh & Associates) is a Qualified Opinion on both standalone and consolidated results, flagging several serious issues. The company's loan accounts have been classified as Non-Performing Assets by banks, and it has not provided for interest/penal interest of around Rs. 1,386.82 lakhs on these term loans. The auditor also flagged that Business and Commercial Rights of Rs. 2,719.61 lakhs may be impaired since they generated no revenue, and that investments in subsidiaries and associate company (Rs. 3,312 lakhs) may need impairment provision. Standalone net worth is deeply negative at Rs. (10,978.28) lakhs and consolidated at Rs. (14,376.90) lakhs. Banks have recalled loans, issued SARFAESI notices, initiated debt recovery proceedings, and invoked pledged shares and corporate guarantees.