TV VISION LIMITED — Interim / Quarterly Report 2019

Feb 11, 2019

S.lBGROUP SRI .lDHIKARI BROTHERS 1S10N LTD "¥ 83

February 11, 2019

lo,

The Manager - Listing Department, National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051

Dear Sir(s),

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SYMBOL: TVVISION

Sub: Outcome of Board Meeting held today i.e. Monday, February 11, 2019.

Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulabons, 2015 ("Listing Regulations"), we wish to inform you that the Board of Directors of the Company at their Meeting held today i.e. Monday, February 11, 2019, 111ter nl1n considered and approved the Standalone Un-Audited Financial Results of the Company for the quarter and nine months ended on December 31, 2018.

In terms of the provisions of Regulation 33 of Listing Regulations, we hereby enclose the copy of following:

• a. Standalone Un-audited F1nanc1al Results for the quarter and nmc month� ended on December 31, 2018.

• b. Limited Review Report above results, received from the Statutory Auditors of the Company.

The meeting of the Board of Directors commenced at 5.15 p.m. and concluded at 5.-15 p.m.

Kindly take the same on your record.

Thanking You.

Yours faithfully,

For TV Vision Limited

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Markand Adhikari Chairman and Managing Direcffi -:::::::-[,, ] DIN: 00032016

Encl.: A/a

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022-40230000 +91-022�2639 5459 w .tw1s1on.1n

TV VISION LTD. 4th Floor, Adhikari Chambers Oberoi Complex, New Link Road AndherilWI Mumbai-400053 India CIN: U64200MH2007PLC172707

SA■OJIOU, EB

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TV VISION LIMITED

CIN : L64200MH2007PLC172707

Regd. Office : 4th Floor, Adhikar! Chambers, Obcroi Complex New Link Road,Andher!(West), Mumbai -400 053 Tel. : 022-4023 0673/022-40230000, Fax : 022-26395459 Email : cs@tvyjsjon in Website: www tyvjsjon jn

Notes:

• 1 The above Standalone Un-audited Financial Results for the quarter and nine months ended 31st December, 2018 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on Monday, 11th February, 2019. The Limited Review on these results has been carried out by the statutory auditors of the Company.

• 2 The above standalone un-audited financial results and the limited review report are available on the website of the Company www.tvvision.in and on website of BSE Limited i.e. www.bseindia.com and National Stock Exchange of India Limited i.e. www.nseindia.com, where shares of the Company are listed.

• 3 The above standalone un-audited financial results are prepared in accordance with recognition and measurement principles laid down in the Indian Accounting Standards (IND AS) 34 Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder.

• 4 The Company is operating in a single segment i.e Broadcasting.Hence the results are reported on a single segment basis.

• 5 The Auditor has made certain observations in their limited review report, in the matter we state that during the last financial year, the Company's loan facilities from banks has turned Non-performing. Management of the Company has submitted its resolution plan, which is under consideration with the banks. The Management of the Company is focusing on growth in cash flow and is quite confident to reach some workable solution to resolve the financial position of the company. Since some of the banks has not charged the interest from the date the account has been classified as non performing.No provision has been made in books of accounts in the financial result for the quarter and nine months ended 31 December,2018.

• 6 The figures have been re-grouped / re-arranged / re-classified / re-worked wherever necessary to conform to the current years' accounting treatment.

Place: Mumbai Date : 11th February ,2019

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