TV Vision Ltd Receives Petition from Punjab National Bank under Insolvency and Bankruptcy Code

TV Vision Ltd has received a copy of a petition filed by Punjab National Bank (PNB), a Financial Creditor, before the National Company Law Tribunal (NCLT), Mumbai, under section 7 of the Insolvency and Bankruptcy Code, 2016. The petition alleges an outstanding amount of INR 294,43,49,883.41. This disclosure is considered material and may have an impact on the operations and financial position of the Company. The Company will keep stakeholders informed of any further material developments.