New Delhi Television Limited — Others, 08-03-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

New Delhi Television Limited has announced a board meeting regarding the unconditional withdrawal of a defamation suit filed by Reliance Infrastructure Limited, which claimed damages of Rs. 10,000 crore over coverage of the Rafale deal. This court order, delivered by the Hon’ble City Civil Court at Ahmedabad, eliminates potential financial liabilities and resolves ongoing litigation concerns. As a result, the company may observe a renewed focus on operational stability and a strengthened position in the market. Investors might view this development positively, as it reduces risk and allows for more strategic growth initiatives.