NDL Ventures Limited — Board/Management Information 2021

Feb 26, 2021

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February 26, 2021

To Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001. Company Scrip Code: - 500189

To

National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex, Bandra (East), Mumbai-400 051. Company Script Code: NXTDIGITAL

SUB: Intimation of appointment of Mr. Vynsley Fernandes as Managing Director of the Company.

Ref: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015).

Dear Sir/ Madam,

In compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and based on the recommendation of Nomination & Remuneration Committee, the Board of Directors at their meeting held today i.e., February 26,2021 has appointed Mr. Vynsley Fernandes (DIN: 02987818), as 1) an Additional Director and 2) Managing Director and Chief Executive office of the Company for a period of three years with effect from February 26, 2021 to February 25, 2024 subject to approval of shareholders.

We are forwarding here with:

• (1) Declaration in Form B of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 [Regulation 7 (1) (b) read with Regulation 6 (2)] as obtained from Mr. Vynsley Fernandes. (initial declaration on appointment as Director)

• (2) Brief Profile of Mr. Vynsley Fernandes. Pursuant to SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015,

Press release being issued on the caption subject which is self -explanatory.

Request you to kindly take the above on records. Thanking you. Yours faithfully, For NXTDIGITAL LIMITED (Formerly known as Hinduja Ventures Limited)

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Amar Chintopanth Whole-Time Director & CFO DIN: 00048789

Encl: a/a

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Profile

Vynsley Fernandes Media Group Chief Executive Officer NXT DIGITAL Limited

Vynsley Fernandes is the Media Group Chief Executive Officer of NXTDIGITAL Limited with oversight of all the media businesses of the group encompassing Cable TV, HITS and Broadband. He is responsible for leading the overall business and operations of the group as it continues to expand across the media spectrum.

NXTDIGITAL is the flagship media business of the global Hinduja Group; comprising digital content distribution platforms via digital cable and satellite; a broadband services provider (OneOTT iNTERTAINMENT Ltd.) and a content production and distribution arm (IN Entertainment Ltd.).

He is a veteran media executive and one of India’s foremost technocrats – with three decades of experience in delivering and managing assignments globally - including DTH (Direct-toHome) & HITS (Headend-In-The-Sky) platforms; digital cable networks; and news & entertainment channels.

Prior to joining the media vertical of the Hinduja Group in August 2018, Vynsley was the Executive Director at CastleMedia; a leading technology, media & entertainment consulting-todelivery firm which he co-founded in 2010. At CastleMedia, Vynsley led the consulting practice, focussed on pay television platforms, with a global client list. Vynsley also led the technical due diligence team – responsible for working with some of the top 500 private equity firms, looking to evaluate investments in the media technology space.

Prior to CastleMedia, Vynsley had managed high profile assignments for leading blue-chip media organisations including 21st Century Fox (then News Corporation), TATA SKY, ABP News and the 9X Network. He was the Principal Consultant at TATA Sky and part of the core team responsible for rolling out India’s leading DTH platform, prior to joining the 9X Network with responsibility for setting up the technology and operations of India’s first HD News channel. Prior to that, he served as Operations Director – responsible for launching a 3-channel news network for STAR (now ABP News). He also spent a decade at STAR India managing key technology and operations portfolios.

With an academic background in Mass Communications and Media, Vynsley is considered a thought leader in the media & entertainment space. He continues to represent the industry at various international and national forums and has several accolades to his credit including being recognized with the prestigious “CEO of the Year” award presented by World Leadership Congress in February 2021.

25[th] February 2021

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26[th] February 2021, Mumbai

Press Release

NXTDIGITAL Limited inducts Vynsley Fernandes, CEO – Media Group on to the Board. Elevates him as Managing Director & CEO

Vynsley Fernandes also inducted on to the Boards of its subsidiaries in conjunction with his role of oversight of all the media businesses of the group

NXTDIGITAL Limited, India’s leading integrated digital platforms company and the media vertical of the global Hinduja Group today announced the induction of Vynsley Fernandes on to the Board of the Company and elevated him to the position of Managing Director & CEO. Vynsley was also inducted on to the Boards of the media groups’ subsidiary companies comprising OneOTT Intertainment Ltd., IN Entertainment Ltd. & IndusInd Media & Communications Ltd. – in line with his role of overseeing the media businesses of the group.

Vynsley Fernandes, who is currently the Media Group CEO, with oversight of the media businesses of the Hinduja Group, comprising digital cable TV, HITS, broadband and content syndication; joined the media business of the Hinduja Group on August 1[st] , 2018. Since then, he has been instrumental in driving a new vision for the organisation and turning it around into a profitable and sustainable business. Vynsley has been associated with the Group since 2013, first consulting for the launch of the Hinduja’s HITS (Headend-In-The-Sky) business in India and then continuing to work with the cable and HITS platforms across multiple technology and operational functions.

Vynsley is a well-respected figure in the media & entertainment industry with nearly three decades of experience in delivering and managing assignments globally - including DTH & HITS platforms; digital cable networks; and news & entertainment channels and is considered a thought leader. He continues to represent the industry at various international and national forums and has several accolades to his credit including being recognized with the prestigious “CEO of the Year” award presented by World Leadership Congress in February 2021.

As Managing Director & CEO of NXTDIGITAL Limited, he will continue to drive the business vision of the Hinduja Group in the media & entertainment sector, which is poised for exponential growth riding on new digital technologies.

About NXTDIGITAL LIMITED (www.nxtdigital.co.in)

NXTDIGITAL Limited (NDL) is a leading digital Media & Communications company; and the only integrated Digital Delivery Platform in the country covering satellite, digital cable and Broadband. NXTDIGITAL is the only company in the country distributing TV signals through a dual delivery platform consisting of the traditional terrestrial fiber route and India’s only Headend-In-The-Sky (HITS) satellite platform, under the brand names INDIGITAL and NXTDIGITAL respectively. Through these platforms, NXTDIGITAL caters to millions of subscribers across the country in more than 1,500 cities and towns through over 9,000 Cable Operators.

A true game-changer in the industry, the HITS platform enables the company to also function as a managed service provider to MSOs providing them with an unprecedented choice of channels.

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With its state-of-the-art HITS facility, it is the only company that can offer direct-to-operator services to any corner of the country.

Other than Television services, it’s subsidiary ONEOTT Intertainment Limited (OIL) has a strong presence in Broadband and Internet services in 40 cities. It’s services under the brand “ONE Broadband” provides converged services of Video, Data and Voice to consumers by delivering high-speed internet and services across multiple cities in India. ONE Broadband leverages Nokia’s GPON technology to provide 1,000Mbps broadband and connections to home users. OIL is considered one of India’s fastest growing ISPs and winner of several awards for innovation & excellence.

About HINDUJA GROUP

The Hinduja Group is one of India’s premier diversified and transnational conglomerates. Employing nearly 150,000 employees, with presence across 38 countries it has multi-billion-dollar revenues. The Group was founded over a hundred years ago by Shri P.D. Hinduja whose credo was "My duty is to work so that I can give."

The Group owns businesses in Automotive, Information Technology, Media, Entertainment & Communications, Banking & Finance Services, Infrastructure Project Development, Cyber Security, Oil and Specialty Chemicals, Power, Real Estate, Trading and Healthcare. The group also supports charitable and philanthropic activities across the world through the Hinduja Foundation.

For further information contact:

Rajdeep Rudra Anita Bhoir Head of Marketing & Brand Adfactors PR Private Limited NXTDIGITAL Limited Mobile: 99303 90055

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