Annexure C

STATEMENT OF HOLDINGS AS PER ANNUAL REPORT

Sr No. Name Jurisdiction Incorporation Share Holding % Status Comments

Date

1 NDTV Media Ltd (NDTVM) India 11/13/2002 74% NDTV 1.2% stake reduced in 2008-09
75.2% on 31.03.08 Stake held by NDTV throughout
75.2% on 31.03.07
81% as on 31.03.06

2 NDTV News Ltd (NDTVN) India 5/27/1997 100% NDTV Merged into company w.e.f. 17.12.2010

3 Emerging Markets 24x7 (EMBV) Netherlands 2/19/2007 50% NNPLC S

50% NDTV

2010-11 100% NDTV One Holdings

4 NDTV Networks (NNBV) Netherlands 12/28/2006 100% NDTV S

(name changed to NDTV BV) 2007-08 100% NNBV (2008)
Stake 90% held by NNIH 2008-09 90% NNIH
10% NDTV

2009-10 90% NNBV(2008)

10% NDTV

2010-11 Merged into NDTV networks BV w.e.f 15.10.2010

5 NDTV Networks PLC (NNPLC) UK 10/30/2006 100% NNBV S

2007-08 100% NDTV BV Name of Holding company changed
2008-09 92% NDTV BV

2010-11 W Placed under liquidation w.e.f 28.03.2011

6 NDTV Imagine Ltd India 5/21/2006 96.3% NNPLC S

2007-08 82.05% NNPLC
2008-09 72.5% NNPLC

2009-10 3.18% NNPLC Sold stake to Turner General

7 NDTV Labs Ltd India 12/13/2006 100% NNPLC S

2008-09 92% NNPLC

2010-11 99.97% NDTV Networks Ltd

8 NDTV convergence Ltd India 12/13/2006 83% NNPLC S

17% NDTV
 2008-09 75% NNPLC
17% NDTV

2010-11 75% NDTV Networks Ltd

17% NDTV

9 NDTV Lifestyle Ltd India 12/13/2006 100% NNPLC S

2008-09 92% NNPLC

2010-11 92% NDTV Lifestyle Holdings

10 NDTV networks BV (2008) Netherlands 1/9/2008 100% NDTV S

2010-11 W Liquidated w.e.f 25.03.2010

11 Metronation Chennai Pvt Ltd India 10/17/2007 51% NDTV S Converterd to public ltd w.e.f 13.05.09

12 Imagine Showbiz Ltd India 10/17/2007 51% NDTV Imagine S Holding company (NDTV Imagine) stake sold in 09-10

13 Alliance Lumiere Ltd India 10/17/2007 51% NDTV Imagine S Holding company (NDTV Imagine) stake sold in 09-10

14 NDTV Imagine Films Ltd India 10/15/2007 100% NDTV Imagine S Holding company (NDTV Imagine) stake sold in 09-10

15 NDTV One Holdings Ltd Mauritius 4/24/2008 100% NDTV S

16 NDTV Two Holdings Ltd Mauritius 4/24/2008 100% NDTV S

2010-11 W Placed under liquidation

17 NDTV Three Holdings Ltd Mauritius 5/7/2008 100% NDTV S

2010-11 W Placed under liquidation

18 NDTV (Mauritius) Media Ltd Mauritius 8/29/2008 100% NDTV S

19 NDTV Four Holdings AB Sweden 5/9/2008 100% NDTV S

2010-11 W liquidated w.e.f. 24.12.2010

20 NDTV Networks International Holding BV Netherlands 4/10/2008 68.6% NNBV 2008 S Merged into NDTV BV (2009-10)
NNIH

21 Middle East Ventures FZ LLC UAE 5/6/2008 100% NDTV Emerging Mkts BV S
2010-11 W Liquidated w.e.f 31.08.2010

22 NDTV Networks Ltd (NNL) India 7/5/2010 85% NDTV S

23 NDTV Lifestyle Holdings Pvt Ltd (NLHPL) India 7/9/2010 51% NDTV Networks Ltd S
 Joint Ventures

24 NGEN Media Services Pvt Ltd India 8/29/2006 50% NNPLC S Now stake held by NDTV Networks Ltd(NNL)

Associate

25 Asro Awani Networks Ltd Malaysia 7/4/2006 20% NDTV S

(stake sold to NDTV Emerging markets BV) 3/30/2008 20% NDTV Emerging Mkts BV

26 NDTV Studios Ltd India 7/10/2008 49% NDTV (Mauritius) Media S Merged into Company w.e.f 1 April 2010

27 NDTV(mauritius) Multimedia Ltd Mauritius 8/29/2008 100% NDTV Studios S Now a Subsidiary Company

2010-11 100% NDTV One holdings

28 NDTV Worlwide Mauritius Ltd Mauritius 11/28/2008 100% NDTV (mauritius) S Now a Subsidiary Company
Multimedia Ltd

29 NDTV India Plus Ltd India 9/26/2008 100% NDTV Studios S Merged into Company w.e.f 1 April 2010
Merged into Company w.e.f 1 April 2010
30 NDTV News 24x7 Ltd India 9/26/2008 100% NDTV Studios S Merged into Company w.e.f 1 April 2010

31 NDTV Business Ltd India 9/26/2008 100% NDTV Studios S Merged into Company w.e.f 1 April 2010

32 New Delhi Television Media Ltd India 9/26/2008 74% NDTV Studios S Merged into Company w.e.f 1 April 2010

33 NDTV Hindu Media Ltd India 9/26/2008 51% NDTV Studios S Merged into Company w.e.f 1 April 2010

34 NDTV Delhi Ltd India 9/26/2008 100% NDTV Studios S Merged into Company w.e.f 1 April 2010

35 NDTV Worlwide Pvt Ltd India 7/10/2009 90.91% NDTV Worlwide Mauritius S 9.09% stake now held by NDTV and it has become a
9.09% NDTV Delhi subsidiary company