NSEGeneral Updates2d ago · 17 Aug 2026, 04:47 pm
General Updates
New Delhi Television Limited · NDTV
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New Delhi Television Limited has informed the Exchange about the update on the acquisition of GoodTimes Channel (Business Undertaking) from Lifestyle & Media Broadcasting Limited. The acquisition is subject to regulatory approvals and is expected to be completed within 3 months.
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Governance Concern1/10
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Full Announcement
New Delhi Television Limited has informed the Exchange about Update on acquisition of GoodTimes Channel (Business Undertaking) from Lifestyle & Media Broadcasting Limited.
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NDTV_17082026164608_Disclosure_Update_on_GoodTimes_Channel.pdf
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August 17, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, 5th floor, Bandra Kurla Complex,
Dalal Street, Mumbai - 400 001 Bandra (East) Mumbai - 400 051
Scrip Code: 532529 Scrip Symbol: NDTV
Sub: Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Update on acquisition of “GoodTimes” Channel
(Business Undertaking)
Dear Sir/ Ma’am,
In furtherance of our disclosures dated July 17, 2026, we wish to inform you that New Delhi
Television Limited (“Company”) has entered into an Asset Purchase Agreement (“Agreement”)
with Lifestyle & Media Broadcasting Limited (“Seller”) for acquisition of the business undertaking
comprising the “GoodTimes” channel (“Business Undertaking”).
The completion of the acquisition is subject to fulfilment of the closing conditions as specified in
the Agreement, including receipt of requisite approval from the Ministry of Information and
Broadcasting (“MIB”) and other regulatory/statutory approvals, as may be applicable.
Further, the details as required under the SEBI Listing Regulations read with SEBI master circular
SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed
herewith as Annexure A.
You are requested to take the above on record.
Thanking you,
Yours sincerely,
For New Delhi Television Limited
Parinita Bhutani Duggal
Company Secretary and Compliance Officer
New Delhi Television Limited, Regd. Office: W-17, 2nd Floor, Greater Kailash-1, New Delhi - 110048
Corp. Office: Max Square, Floors 1 & 2, Plot No. C3-C, Noida-Greater Noida Expressway, Sector-129, Noida, Uttar Pradesh - 201304
Tel: 0120-6835000, 0120-6462200, Website: www.ndtv.com, E-mail: corporate@ndtv.com, CIN: L92111DL1988PLC033099
Annexure A
S. No. Particulars Details
1. Name of the target entity No separate entity is being acquired.
The Company has entered into an Agreement with Seller
to purchase the Transferred Assets (as defined below) of
the Seller for a lump sum consideration, subject to
fulfilment of customary conditions precedent, including
obtaining requisite regulatory or statutory approvals.
Transferred Assets means (a) all business
authorizations, licenses, permits and consents from any
Governmental Authority (including the license and
permission granted by the Ministry of Information and
Broadcasting, Government of India in relation to the
Television Channel; (b) agreements with customers,
advertisers, and (other stakeholders) associated with the
Television Channel (including the Assignment
Contracts); (c) programming, content, branding,
Intellectual Property Rights, distribution rights,
monetization rights, Digital Assets, broadcasting rights,
Content, and any other assets or rights directly or
indirectly related to the marketing, operation and
management of the Television Channel (including the
Assignment Agreement); and (d) goodwill and brand
reputation associated with the Television Channel.
2. Whether the acquisition would Yes, Seller is a joint venture of the Company and,
fall within related party accordingly, a related party.
transaction(s) and whether the
The transaction is undertaken on an arm’s length basis,
promoter/ promoter group/ group
in accordance with the valuation report obtained from a
companies have any interest in
registered valuer.
the entity being acquired? If yes,
nature of interest and details
The promoter, promoter group and group companies of
thereof and whether the same is
the Company do not have any interest in the Seller’s
done at “arm’s length”
company, except to the extent of their indirect
shareholding, if any.
3. Industry to which the entity being Broadcasting and programming activities (Business
acquired belongs Undertaking comprising the “GoodTimes” Channel).
4. Objects and impact of acquisition The acquisition of the “GoodTimes” business
(including but not limited to, undertaking will strengthen the Company’s strategic
New Delhi Television Limited, Regd. Office: W-17, 2nd Floor, Greater Kailash-1, New Delhi - 110048
Corp. Office: Max Square, Floors 1 & 2, Plot No. C3-C, Noida-Greater Noida Expressway, Sector-129, Noida, Uttar Pradesh - 201304
Tel: 0120-6835000, 0120-6462200, Website: www.ndtv.com, E-mail: corporate@ndtv.com, CIN: L92111DL1988PLC033099
disclosure of reasons for positioning, diversify and expand its operational
acquisition of target entity, if its capabilities, and enhance long-term stakeholder value.
business is outside the main line
of business of the listed entity)
5. Brief details of any governmental The transfer of the television channel license associated
or regulatory approvals required with the “GoodTimes” business undertaking is subject to
for the acquisition. the approval of the Ministry of Information and
Broadcasting, Government of India.
6. Indicative time period for The transaction is expected to be completed within
completion of the acquisition approximately 3 (three) months.
7. Consideration - whether cash Cash consideration and Television Advertising
consideration or share swap or Inventory.
any other form and details of the
same
8. Cost of acquisition and/or the Lumpsum consideration of upto Rs. 18 crore on a cash
price at which the shares are free debt free basis, subject to adjustments in accordance
acquired with the terms and conditions of the Agreement.
9. Percentage of shareholding / Not applicable.
control acquired and / or number
of shares acquired
10. Brief background about the Not applicable, as no separate legal entity is being
entity acquired in terms of acquired. The transaction pertains to the acquisition of
products/line of business the Business Undertaking comprising the “GoodTimes”
acquired, date of incorporation, Channel, which is engaged in lifestyle-focused
history of last 3 years turnover, broadcasting and related media content, on a going
country in which the acquired concern basis.
entity has presence and any other
significant information (in brief)
New Delhi Television Limited, Regd. Office: W-17, 2nd Floor, Greater Kailash-1, New Delhi - 110048
Corp. Office: Max Square, Floors 1 & 2, Plot No. C3-C, Noida-Greater Noida Expressway, Sector-129, Noida, Uttar Pradesh - 201304
Tel: 0120-6835000, 0120-6462200, Website: www.ndtv.com, E-mail: corporate@ndtv.com, CIN: L92111DL1988PLC033099