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New Delhi Television Ltd

Announcement under Regulation 30 (LODR)-Credit Rating

08:38 PM, 21st Aug 2023

This is to inform you that CARE Rating Limited (CARE Ratings) has withdrawn its rating assigned to Long Term Facilities of the Company with immediate effect. The above action has been taken at the request of the Company and basis the No Dues Certificate received from all the lenders for the facilities rated by CARE Ratings.Further CARE Ratings has also acknowledged that the Short-Term Bank Facilities of the Company i.e. sanctioned Bank Guarantee Limits of Rs. 4 crore is backed by 100% bank Fixed Deposits therefore at the request of the Company the rating assigned to such short-term facility has been reaffirmed by the CARE Ratings and simultaneously placed on Notice of Withdrawal with immediate effect.

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