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| Exchange Received Time 26/09/2018 21:52:58 Exchange Disseminated Time 26/09/2018 21:53:05 Time Taken 00:00:07 | This is in continuation to our earlier letter dated August 6, 2018, wherein we had informed that the Company had filed compounding application with the Reserve Bank of India ('RBI') for compounding of certain contraventions as alleged by Enforcement Directorate against the Company under the Foreign Exchange Management Act, 1999, as stated in the show cause notice dated November 13, 2015 ('SCN').
In this regard, we wish to inform you that the Company has today filed, on behalf of NDTV Studios Limited (erstwhile subsidiary of the Company, which as of date, stands merged with the Company), another compounding application with the RBI for compounding of certain contravention as alleged by the Enforcement Directorate, in the aforesaid SCN against NDTV Studios Limited.
You are requested to take the information on record.
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