NEW DELHI TELEVISION LIMITED : ACQUISITION OF GOODTIMES CHANNEL

• The proposed acquisition of the business undertaking comprising the “GoodTimes” Channel is currently underway. • The transaction is now expected to be completed within approximately one month. • The consummation of the proposed transaction remains subject to receipt of applicable statutory and regulatory approvals and fulfilment of customary conditions precedent. Impact: Neutral (Procedural update on ongoing acquisition)

New Delhi Television Limited

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