New Delhi Television Ltd Surrenders Permission for Three HD News Channels

New Delhi Television Ltd has voluntarily surrendered the permission granted by the Ministry of Information & Broadcasting for the uplinking and downlinking of the proposed News and Current Affairs Channel namely NDTV INDIA HD. The decision was made based on an internal strategic assessment, as the company has decided not to proceed with the launch of the proposed channels: NDTV INDIA HD, NDTV 24x7 HD, and NDTV PROFIT HD. Since the channels were non-operational, the surrender of permission does not have any material impact on the Company’s business operations or financial position.