Corporate Announcement
Security Code : 532529    Company : NDTV    
 
Change in Chief Executive Officer (CEO)Download PDF
  Exchange Disseminated Time     10/27/2016 6:19:12 PM
New Delhi Television Ltd has informed BSE that the Board of Directors (Board) has approved the decision of Mr. Vikramaditya Chandra to step down from the position of Group Chief Executive Officer (CEO) and Executive Director of NDTV with immediate effect. Mr. Chandra was appointed as Group CEO in 2011 for a term of three years which was further extended by another 2 years. Mr. Chandra has expressed the wish to return to full time journalism within NDTV and focus on the TV shows of the Group. Mr. Vikramaditya Chandra will continue with the Company as Consulting Editor.

The Board while accepting the decision of Mr. Chandra placed on record its appreciation of his valuable contribution as CEO.

The Board on the recommendation of the Nomination and Remuneration Committee on October 27, 2016 approved that Mr. K.V.L. Narayan Rao, the Executive Vice-Chairperson, take over additional responsibilities as the Group CEO of NDTV with immediate effect. Mr. Rao has been associated with the Company for nearly 22 years in various capacities including Group CEO and has been a key factor in the creation of NDTV.
 

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