Contents Corporate Information 2 Awards of Excellence 3 Letter to Shareholders 4 Board’s Report 5 Corporate Governance Report 46 Management Discussion and Analysis 65 Business Responsibility Report 76 Standalone Financial Statements 86 Consolidated Financial Statements 153 Annual Report 2019-20 Annual Report 2019-20 CORPORATE INFORMATION Board of Directors: Committees: Mrs. Radhika Roy Audit Committee Executive Co-Chairperson Mr. Kaushik Dutta - Chairperson Mr. John Martin O’Loan Ms. Indrani Roy Dr. Prannoy Roy Executive Co-Chairperson Nomination & Remuneration Committee Ms. Indrani Roy - Chairperson Mr. Kaushik Dutta Dr. Prannoy Roy Non-Executive Independent Director Mr. Kaushik Dutta Mr. John Martin O’Loan Mr. John Martin O’Loan Non-Executive Independent Director Stakeholders’ Relationship Committee Ms. Indrani Roy-Chairperson Ms. Indrani Roy Mrs. Radhika Roy Non-Executive Independent Director Dr. Prannoy Roy Mr. Darius Taraporvala Corporate Social Responsibility Committee Non-Executive Non-Independent Director Dr. Prannoy Roy- Chairperson Mrs. Radhika Roy Key Managerial Personnel: Ms. Indrani Roy Mr. Rajneesh Gupta Chief Financial Officer Mr. Shiv Ram Singh Company Secretary & Compliance Officer Statutory Auditors: B S R & Associates LLP, Chartered Accountants, Building No.10, 8th Floor, Tower B, DLF Cyber City, Phase - II, Gurugram -122002 Phone: +91 124 2358 610 Fax: +91 124 2358 613 Registered Office: B-50 A, 2nd Floor, Archana Complex, Greater Kailash-I, New Delhi-110048 Phone: +91 11 - 4157 7777, 2644 6666 Fax: +91 11 - 49862990 E-mail:
[email protected]; Web: www.ndtv.com 2 | Corporate information Corporate Information | 2 Annual Report 2019-20 Annual Report 2019-20 Awards of Excellence: 2019 - 20 NDTV has won major awards this year for its free and fair journalism: • Proving its premium status, NDTV was awarded ‘India’s Most-Trusted News Broadcaster 2019’ (India Region).