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New Delhi Television MD, chairman, board of directors and AGM

NSE: NDTVBSE: 532529EntertainmentSmall Cap

Last close ₹60.22down ₹1.18 (1.92%)BSE ₹60.04

Share price at the NSE close on 23 Oct 2026. Previous close ₹61.40.

52-week range of traded prices to 23 Oct 2026
₹58.75Low, 30 Mar 2026₹104.43High, 26 Dec 2025
Market cap
₹679 Cr1,532nd largest listed
P/E
Owners' profit not stated
P/B
5.3
Dividend yield
Nonein the last 12 months
ROCE
−97.6%
Debt to equity
1.44
Volume, NSE
1,11,88150.2% delivered

New Delhi Television board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonUpendra Kumar Sinha
  • Company Secretary and Compliance OfficerParinita Bhutani Duggal

6 directors4 independent1 executive1 non-executive

  • Upendra Kumar Sinha · ChairpersonIndependent · joined Mar 2023 · reappointed Mar 2025 · 42 months as independent · 5 listed boards · 4 as independent · 5 committee seats, 3 as chair
  • Sanjay PugaliaExecutive · joined Dec 2022 · reappointed Apr 2025 · 1 listed board · 3 committee seats
  • Senthil ChengalvarayanNon-executive · joined Dec 2022 · reappointed Apr 2025 · 1 listed board
  • Viral Jagdish DoshiIndependent · joined Jan 2023 · reappointed Jan 2026 · 44 months as independent · 1 listed board · 1 as independent · 3 committee seats
  • Dipali Balkrishan GoenkaIndependent · joined Mar 2023 · reappointed Mar 2025 · 42 months as independent · 2 listed boards · 1 as independent · 3 committee seats, 2 as chair
  • Dinesh Kumar MittalIndependent · joined Jun 2023 · reappointed Jun 2025 · 39 months as independent · 4 listed boards · 4 as independent · 5 committee seats, 3 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 21 Jul 20265 of 6 present4 independent · 82 days in between
    • 29 Apr 20266 of 6 present4 independent
  • Audit Committee

    Chair Upendra Kumar Sinha

    Viral Jagdish Doshi, Dipali Balkrishan Goenka, Sanjay Pugalia, Dinesh Kumar Mittal

    • 21 Jul 20265 of 5 present4 independent · 82 days in between
    • 29 Apr 20265 of 5 present4 independent
  • Nomination and remuneration committee

    Chair Viral Jagdish Doshi

    Upendra Kumar Sinha, Dipali Balkrishan Goenka

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair Dipali Balkrishan Goenka

    Viral Jagdish Doshi, Sanjay Pugalia

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Sanjay Pugalia

    Dipali Balkrishan Goenka, Debraj Bhadra

    • 29 Apr 20263 of 3 present1 independent
  • Corporate Social Responsibility Committee

    Chair Sanjay Pugalia

    Senthil Chengalvarayan, Viral Jagdish Doshi

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • S.N. Dhawan & CO LLPPeer-review certificate valid to Feb 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

New Delhi Television AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.New Delhi Television dividend history

Annual general meeting, 26 Jun 2026

93,884 shareholders on the register on 19 Jun 2026; present: 0 promoters and 155 others; votes counted by Mr. Vishhal Arorah / M/s Vishal Arora and Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2026, together with the Reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 69.26% · promoters 100.00% · institutions 0.63% · other public 0.77%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2026, together with the report of Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 69.26% · promoters 100.00% · institutions 0.63% · other public 0.76%

  3. To appoint a Director in place of Mr. Senthil Chengalvarayan (DIN: 02330757), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.46%

    Turnout: all 69.26% · promoters 100.00% · institutions 0.63% · other public 0.76%

  4. Ratification of remuneration to the Cost Auditors of the Company for the financial year 2026 2027
    Ordinary
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 0.00% · other public 41.92%

    Turnout: all 69.26% · promoters 100.00% · institutions 0.63% · other public 0.76%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 27 Mar 2026, 3 resolutions

95,786 shareholders on the register on 20 Feb 2026; votes counted by Mr. Vishhal Arorah / M/s. Vishal Arora and Associates.The company's voting result (opens in a new tab)

  1. Re-appointment of Mr. Sanjay Pugalia (DIN: 08360398) as a Whole-time Director of the Company
    Special
    99.75% for0.25% against

    Against: promoters 0.00% · institutions 99.95% · other public 42.23%

    Turnout: all 69.40% · promoters 100.00% · institutions 69.31% · other public 1.11%

  2. Approval of Material Related Party Transaction(s) with NDTV Convergence Limited for the financial year 2026-27
    OrdinaryPromoters have an interest in it
    60.89% for39.11% against

    Against: promoters 0.00% · institutions 0.00% · other public 42.45%

    Turnout: all 0.37% · promoters 0.00% · institutions 69.31% · other public 1.11%

  3. Approval of Material Related Party Transaction(s) with Adani Enterprises Limited for the financial year 2026-27
    OrdinaryPromoters have an interest in it
    60.88% for39.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 42.47%

    Turnout: all 0.37% · promoters 0.00% · institutions 69.31% · other public 1.11%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 26 Dec 2025, 1 resolution

97,513 shareholders on the register on 21 Nov 2025; votes counted by Mr. Vishhal Arorah / M/s. Vishal Arora and Associates.The company's voting result (opens in a new tab)

  1. Re-appointment of Mr. Viral Jagdish Doshi (DIN: 00583487) as Independent Director of the Company (Second Term of 3 years)
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.38%

    Turnout: all 69.16% · promoters 100.00% · institutions 28.44% · other public 0.32%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 24 Jun 2025, 11 resolutions

96,639 shareholders on the register on 17 Jun 2025; present: 2 promoters and 140 others; votes counted by Mr. Vishhal Arorah / M/s. Vishal Arora and Associates.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements for the financial year ended March 31, 2025 (Standalone and Consolidated)
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.14%

    Turnout: all 64.78% · promoters 100.00% · institutions 28.12% · other public 0.08%

  2. Re-appointment of Mr. Sanjay Pugalia (DIN: 08360398) as Director, liable to retire by rotation.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.11%

    Turnout: all 64.78% · promoters 100.00% · institutions 28.12% · other public 0.08%

  3. Re-appointment of M/s. S.N. Dhawan & Co. LLP, Chartered Accountants, as Statutory Auditors (Second Term of 5 years)
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.22%

    Turnout: all 64.78% · promoters 100.00% · institutions 28.12% · other public 0.08%

  4. Appointment of M/s. Vishal Arora & Associates, Practicing Company Secretaries as Secretarial Auditors (First Term of 5 years)
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.22%

    Turnout: all 64.78% · promoters 100.00% · institutions 28.12% · other public 0.08%

  5. Re-appointment of Mr. Upendra Kumar Sinha (DIN: 00010336) as Independent Director (Second Term of 3 years)
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.25%

    Turnout: all 64.78% · promoters 100.00% · institutions 28.12% · other public 0.08%

  6. Re-appointment of Ms. Dipali Balkrishan Goenka (DIN: 00007199) as Independent Director (Second Term of 3 years)
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.28%

    Turnout: all 64.78% · promoters 100.00% · institutions 28.12% · other public 0.08%

  7. Re-appointment of Mr. Dinesh Kumar Mittal (DIN: 00040000) as Independent Director (Second Term of 3 years)
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.10%

    Turnout: all 64.78% · promoters 100.00% · institutions 28.12% · other public 0.08%

  8. Re-designation of Mr. Senthil Chengalvarayan from Whole-time Director to Non-Executive Non-Independent Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.10%

    Turnout: all 64.78% · promoters 100.00% · institutions 28.12% · other public 0.08%

  9. Ratification of Remuneration of Cost Auditors for the financial year 2025-26.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.15%

    Turnout: all 64.78% · promoters 100.00% · institutions 28.12% · other public 0.08%

  10. Adoption of new Articles of Association of the Company
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 100.00% · other public 1.52%

    Turnout: all 64.79% · promoters 100.00% · institutions 28.12% · other public 0.11%

  11. Approval of Scheme of Amalgamation between New Delhi Television Limited (“Transferee Company”) and its Wholly-Owned Subsidiaries i.e. NDTV Labs Limited, NDTV Media Limited, NDTV Networks Limited, and NDTV Worldwide Limited (collectively, Transferor Companies”) and their respective members and creditors under Section 233 of the Companies Act, 2013MoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.50%

    Turnout: all 64.79% · promoters 100.00% · institutions 28.12% · other public 0.11%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 22 Mar 2025, 5 resolutions

99,002 shareholders on the register on 14 Feb 2025; votes counted by Mr. Vishhal Arorah / M/s Vishal Arora & Associates.The company's voting result (opens in a new tab)

  1. Approval of Material Related Party Transaction(s) with NDTV Networks Limited for the financial year 2024-25
    OrdinaryPromoters have an interest in it
    98.90% for1.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.33%

    Turnout: all 0.11% · promoters 0.00% · institutions 78.73% · other public 0.15%

  2. Approval of Material Related Party Transaction(s) with Adani Enterprises Limited for the financial year 2025-26
    OrdinaryPromoters have an interest in it
    98.22% for1.78% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.76%

    Turnout: all 0.11% · promoters 0.00% · institutions 78.73% · other public 0.15%

  3. Approval of Material Related Party Transaction(s) with NDTV Convergence Limited for the financial year 2025-26
    OrdinaryPromoters have an interest in it
    98.90% for1.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.33%

    Turnout: all 0.11% · promoters 0.00% · institutions 78.73% · other public 0.15%

  4. Enhancement of limits for investments, extending loans and giving guarantee or providing security under Section 186 of the Companies Act, 2013
    Special
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 100.00% · other public 12.67%

    Turnout: all 64.83% · promoters 100.00% · institutions 78.73% · other public 0.15%

  5. Approval to sell, lease or dispose of the undertaking(s) or substantially whole of undertaking(s) of the Company, under Section 180(1)(a) of the Companies Act, 2013
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.60%

    Turnout: all 64.83% · promoters 100.00% · institutions 78.73% · other public 0.15%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 6 Oct 2024, 2 resolutions

The company's voting result (opens in a new tab)

  1. Approval for increase in overall borrowing limits of the Company under Section 180(1)(c) of the Companies Act, 2013
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 11.02%

    Turnout: all 64.92% · promoters 100.00% · institutions 56.22% · other public 0.42%

  2. Approval of Material Modification in the approved Related Party Transactions with Adani Enterprise Limited
    OrdinaryPromoters have an interest in it
    95.13% for4.87% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.69%

    Turnout: all 0.22% · promoters 0.00% · institutions 56.22% · other public 0.46%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Jun 2024, 3 resolutions

Present: 2 promoters and 131 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the:na. audited financial statements of the Company for the financial year ended on March 31, 2024 together with the reports of the Board of Directors and Auditors thereon; andnb. audited consolidated financial statements of the Company for the financial year ended on March 31, 2024 together with the report of Auditors theron.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 35.65% · promoters 54.91% · institutions 23.53% · other public 0.18%

  2. To appoint a Director in place of Mr. Senthil Chengalvarayan (DIN: 02330757), who retires by rotation and being eligible offers, himself for reappointment.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.37%

    Turnout: all 35.65% · promoters 54.91% · institutions 23.53% · other public 0.18%

  3. To consider and, if thought fit, approve the remuneration payable to M/s. Sanjay Gupta & Associates, Cost Accountants, Cost Auditors of the Company, for the financial year ending March 31, 2025.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.71%

    Turnout: all 35.65% · promoters 54.91% · institutions 23.53% · other public 0.18%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 7 Mar 2024, 4 resolutions

The company's voting result (opens in a new tab)

  1. Approval of Material Related Party Transactions with Adani Enterprises Limited for the financial year 2023-24
    OrdinaryPromoters have an interest in it
    94.37% for5.63% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.60%

    Turnout: all 0.16% · promoters 0.00% · institutions 41.65% · other public 0.40%

  2. Approval of Material Related Party Transactions with Adani Enterprises Limited for the financial year 2024-25
    OrdinaryPromoters have an interest in it
    94.27% for5.73% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.73%

    Turnout: all 0.16% · promoters 0.00% · institutions 41.65% · other public 0.40%

  3. Approval of Material Related Party Transactions with NDTV Convergence Limited for the financial year 2024-25
    OrdinaryPromoters have an interest in it
    94.21% for5.79% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.81%

    Turnout: all 0.16% · promoters 0.00% · institutions 41.65% · other public 0.40%

  4. Approval of Material Related Party Transactions of Subsidiary of the Company
    OrdinaryPromoters have an interest in it
    94.46% for5.54% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.48%

    Turnout: all 0.16% · promoters 0.00% · institutions 41.65% · other public 0.40%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Tax disputeDCIT- Circle 18(1), New DelhiSince 29 Dec 2016
    The appeal was decided in favour of the Company. The consequential appeal effect order is awaited.
    At the filing before: The Company has filed an appeal in respect of Assessment Year (AY) 2006-07 against the order of the Assessing Officer passed under Section 143(3) read with Section 250 of the Income-tax Act, 1961. Pursuant to the said order, the Company's claim for set-off of brought forward losses was disallowed.MoreLess
  • Tax disputeDCIT- Circle 18(1), New DelhiSince 27 Apr 2017
    The appeal was decided in favour of the Company. The consequential appeal effect order is awaited.
    At the filing before: The appeal pertains to AY 2007-08 and relates to the allowability of ESOP expenses. While giving effect to the directions of the Hon'ble ITAT, the Assessing Officer restricted the deduction to Rs. 21,28,41,993, being the amount claimed in the return of income, and disallowed the additional claim of Rs. 22,24,78,491 made before the ITAT on the basis of the methodology prescribed in the Biocon Limited ruling. Consequently, the Company's claim for the balance ESOP expenditure was not allowed.MoreLess
  • Tax disputeDeputy Commissioner of Income Tax (Circle 18(1))Since 29 Apr 2019
    The appeal was decided in favour of the Company. The consequential appeal effect order is awaited.
    At the filing before: The matter relates to the erstwhile NDTV Networks Limited and pertains to AY 2012-13. The dispute involves a penalty of Rs 31,48,134 levied consequent to the disallowance of directors' remuneration aggregating Rs 96,99,996.MoreLess
  • Tax disputeITO, Ward 18(1)Since 23 Jan 2019
    Closed. The appeal was decided in favour of the Company.
    At the filing before: The matter relates to the erstwhile company "NDTV Networks Limited"and pertains to AY 2016-17.The issue under dispute involves the disallowance of business expenses aggregating Rs 30,07,914 by the Assessing Officer.MoreLess
  • Tax disputeITO, Ward 18(2)Since 15 Jan 2020
    Closed. The appeal was decided in favour of the Company.
    At the filing before: The matter relates to the erstwhile company "NDTV Networks Limited"and pertains to AY 2017-18. The issue under dispute involves the disallowance of business expenses aggregating Rs 9,30,329 by the Assessing Officer.MoreLess

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Rights IssuesOct 2025, checked by CARE Ratings Limited396.50Investment in strategic initiatives towards (i) distribution and market expansion; (ii) marketing and brand building; and (iii) creation and development of intellectual properties.71.0071.00No
Rights IssuesOct 2025, checked by CARE Ratings Limited396.50Repayment / pre-payment, in full or in part, of certain outstanding borrowings availed by our Company, including the interest accrued thereon.229.00229.00No
Rights IssuesOct 2025, checked by CARE Ratings Limited396.50General corporate purposes including Share Issue Expenses96.5096.50No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.