As a company, we believe that good corporate governance is the backbone of any responsible organization and helps it compete more effectively in a dynamic market, providing value to stakeholders and investors.

We adhere to the best practices in the industry and elements such as transparency, accountability, professionalism and integrity form the core of our business. We intend to keep working on these aspects on an ongoing basis to improve efficiency and drive shareholder value.

Disclosure under Clause 54 of the Listing Agreement: The Company does not have any agreements entered into with the media companies in relation to any Private Treaties. However, Mr. Rohinton Screwvala has promoted UTV News Limited, a company engaged in news broadcasting business. Mr. Rohinton Screwvala and his wife, Mrs. Zarina Mehta are directors of our Company as also directors of UTV News Limited.