TV Today Network Limited — Important, 10-03-2025: Updates

The Income Tax Department has imposed a penalty of ₹1.05 crore on T.V. Today Network Limited regarding a previously dismissed claim related to depreciation on intangible assets. The company is appealing this order before the Income Tax Appellate Tribunal in Delhi and plans to file an additional appeal before the Commissioner of Appeals. Importantly, the company has stated that this penalty will not affect its financial or operational activities at this time. Investors should monitor this situation closely, but current assessments indicate no immediate impact on the company's performance.