New Delhi Television Limited — Others, 11-02-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

New Delhi Television Limited has updated on ongoing litigations, specifically regarding its Income Tax Appeal and a Writ Petition before the Delhi High Court. The court has disposed of the Income Tax Appeal, directing the Assessing Officer to reassess the case with a personal hearing for the company, while dismissing the Writ Petition. The company plans to appeal this decision to the Supreme Court, arguing the judgment is flawed. There are no immediate financial impacts as related assessment orders have been set aside, but the challenge may affect investor sentiment due to ongoing legal uncertainties.