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NDTV promoters move Supreme Court against SAT order

This, despite the tribunal reducing the penalty imposed by Sebi from Rs 25 crore to Rs 5 crore.

NDTV logo. Photo: Wikimedia Commons
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NDTV logo. Photo: Wikimedia Commons

BS Reporter Mumbai
New Delhi Television (NDTV) on Tuesday announced that its promoters will move the Supreme Court against an order passed by the Securities Appellate Tribunal (SAT) asking them to pay Rs 5 crore as penalty for the alleged non-disclosure of loan agreements. This, despite the tribunal reducing the penalty imposed by Sebi from Rs 25 crore to Rs 5 crore.

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First Published: Sep 20 2022 | 9:42 PM IST

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