Clause 53 of the Listing Agreement : - Agreement with Media Companies
Pursuant to clause 53 of the listing agreement, we make the following disclosures:
- An agreement with UTV News Limited - Bloomberg UTV business channel - branding opportunities.
- An agreement with Adfactors PR Pvt. Ltd., Appointing them as company’s Public Relations Agency.
- Neither of the above companies nor any of their associates have any shareholding in Rolta India Limited.
- Neither of the agreements with the above mentioned companies contain any clause by virtue of which these companies can appoint any nominee on the Board of Rolta nor can they exercise any management control or have any potential conflict of interest as a result of such agreements.
- Except as provided hereinabove, the Company has not entered into any other back to back treaties/contracts/ agreements/ MOUs or similar instruments with media companies and / or their associates for the purpose of advertising, publicity, etc.
