HT Media Ltd — AGM Information 2020

Sep 15, 2020

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Ref: HTML/CS/02/2020

September 15, 2020

BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C/1, Block G Dalal Street Bandra Kurla Complex, Bandra (E) MUMBAI - 400 001 MUMBAI - 400 051

Scrip Code: 532662

Trading Symbol: HTMEDIA

Dear Sir(s),

Sub: Intimation of rescheduling of 18[th] Annual General Meeting of the Company scheduled on 21[st] September, 2020 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended.

This is to inform you that the Company has received a complaint from a named employee alleging anomalies in certain practices adopted in the radio business, which may have financial implications. In accordance with the Company’s Whistle Blower Policy and as confirmed by the Audit Committee, the Company has already commenced an investigation in the matter by appointing a reputed law firm, which is working closely with a leading accounting firm for in-depth comprehensive review.

While as of date there have been no conclusive findings, keeping in view the highest standards of corporate governance, the Company feels it is best to address the matter and assess the impact, on the previously issued financial statements and financial results, and take appropriate steps, as required. The Company has, accordingly, decided in its board meeting held on 15[th] September, 2020 to defer its Annual General Meeting (‘AGM’) scheduled on 21[st] September, 2020, which is now permitted till 31[st] December, 2020 as per recent Ministry of Corporate Affairs notifications.

Accordingly, the notice dated 11[th] August, 2020 calling the 18[th] Annual General Meeting of the Company is withdrawn. Further, the electronic remote voting process initiated pursuant to the said Notice also stands withdrawn.

A new date for the Annual General Meeting, e-voting and related aspects will be notified separately.

This is for your information and records.

Thanking you,

Yours faithfully,

For HT Media Limited

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(Dinesh Mittal)

Group General Counsel & Company Secretary