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Raj Television Network Ltd.

BSE: 532826 Sector: Media
NSE: RAJTV ISIN Code: INE952H01027
BSE LIVE 14:37 | 15 Dec 60.50 1.00
(1.68%)
OPEN

60.00

HIGH

64.00

LOW

60.00

NSE 14:25 | 15 Dec 60.45 0.80
(1.34%)
OPEN

60.20

HIGH

64.50

LOW

59.35

OPEN 60.00
PREVIOUS CLOSE 59.50
VOLUME 12884
52-Week high 74.00
52-Week low 51.50
P/E
Mkt Cap.(Rs cr) 314
Buy Price 60.50
Buy Qty 100.00
Sell Price 60.90
Sell Qty 170.00
OPEN 60.00
CLOSE 59.50
VOLUME 12884
52-Week high 74.00
52-Week low 51.50
P/E
Mkt Cap.(Rs cr) 314
Buy Price 60.50
Buy Qty 100.00
Sell Price 60.90
Sell Qty 170.00

Raj Television Network Ltd. (RAJTV) - Chairman Speech

Company chairman speech

Dear Shareholders

It's my pleasure to extend a Warm Greetings to you all!

I take the pleasant privilege of addressing you on the occasion of the 23rdAnnual General meeting of our company.

The Financial Year 2016-17television industry's growth saw a temporary blip because ofdemonetisation and delay in digitisation of analogue cable subscriber base. Howevertowards the end of the year advertising growth returned to normalcy. In the midst of aneconomic slowdown the industry faced several challenges both business and regulatory.

At Raj Television Network limited F.Y. 2016-17 we maintained a steady progress acrossall quarters and reported revenue of Rs.62.05 crores with EBITDA of Rs.5.70 Crores.Despite pricing challenges and increasing costs we were able to maintain the performancelevel. We are confident that we will be able to continue on the path of augmentingshareholder value.

We are in the midst of refreshing our digital offering consolidating the learningsfrom our subscription and advertising based platforms. We will be launching this productin the second half of the year 2017-18. During the Current year your company plan toincrease our content contribution In-house Production of Contents majorly Serials inTamil language covering different Genres. Healthy advertising revenues are expected fromthe new content infusion. Your company is exploring various other delivery platforms suchas direct to handheld and various other OTT technologies. All these new initiatives areexpected to augment the income substantially and help to post better results in this year.

I take this opportunity to thank all our valued customers business associates andvendors for their kind support. I place on record the appreciation of the contributionmade by employees of the Company at all levels that has contributed to your Company'ssuccess and remain in the forefront of media and entertainment business. I thank andexpress my gratitude for the support and co-operation received from the Central and StateGovernments/ regulatory authorities viz. the Ministry of Information & Broadcastingthe Department of Telecommunication Ministry of Corporate Affairs Reserve Bank of IndiaSecurities and Exchange Board of India Foreign Investment Promotion Board the StockExchanges and Depositories and other stakeholders including viewers producers vendorsfinancial institutions banks investors Service providers and all our stakeholders. Ialso place on record their appreciation of the tireless efforts of Team RAJTV a dedicatedand loyal band of people who have displayed unswerving commitment to their work in thesechallenging times and helped the Company deliver good results.

I thank our Board of Directors for their support and exemplary guidance. I also takethis opportunity to express my gratitude to all our stakeholders who continue to reposefaith and trust in us over the years. Further with my whole heart I sincerely thank allour shareholders who continued their support over these years without which our companywould not have grown to this size.

Warm Regards

(Raajhendhran. M)

RAJ TELEVISION NETWORK LIMITED

(CIN: L92490TN1994PLC027709)

Regd. Office: No.32 Poes road Second Street

Teynampet Chennai- 600 018 Tel: 044-24334149/50

Email: redressal@rajtvnet.in Website: www.rajtvnet.in