TV18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has
filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at
and the websites of the Lead Managers at
. Investors should note that investment in equity
shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and
will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and
may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons"
(as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act
and in accordance with any applicable U.S. state securities laws.