It is alleged that the company floated 32 subsidiaries in several tax haven countries to bring foreign funds to India through sham transactions.
In response to the incident, NDTV issued a statement calling it "complete subversion of basic rights".
Ravish Kumar has won the honour for his news show, Prime Time, which "deals with real-life, under-reported problems of ordinary people"
The SAT, which is the appellate authority over Sebi, has listed the appeals filed by the Roy couple and RRPR Holding Private Ltd on September 16, 2019 for hearing, it added.
The order comes after the regulator examined multiple disclosure lapses by NDTV and noted non-compliance with the Substantial Acquisition of Shares and Takeover (SAST) Regulations.
As per the last shareholding pattern available, Prannoy Roy held 15.94 percent in NDTV while Radhika Roy held 16.33 percent.
The company had reported a net loss of Rs 23.14 crore during the July-September last fiscal.
The show cause notice, issued under the FEMA, was issued to the founders and executive co-chairpersons of the group-- Prannoy Roy and Radhika Roy--, journalist Vikram Chandra and few others.
NDTV said the notice has been issued alleging violation of provisions of Section 12A (d) and (e) of Sebi Act read with Regulation 3(i) and Regulation 4 of Sebi (Prohibition of lnsider Trading) Regulations, 1992.
In a BSE filing, NDTV said the petition was filed against a SCN issued by the Securities and Exchange Board of India on March 14, 2018 to RRPR, Prannoy Roy and Radhika Roy (promoters of NDTV).
In a notice, the BSE said trading members of the exchange are hereby informed that the price band has been revised from their existing levels in the 11 scrips with effect from June 29, 2018.
In November 2015, the ED had issued show-cause notices to NDTV for allegedly flouting foreign exchange regulations while availing of overseas and foreign direct investment facilities to the tune of over Rs 2,000 crore.
The ownership of Delhi-based 'wholesale trading' firm Vishvapradhan Commercial Private Ltd (VCPL), incorporated in 2008, is said to have later changed hands from RIL to Nahara group, from which the Mukesh Ambani-led firm had bought Infotel Broadband in 2010 to re-enter the telecom business.
NDTV has also been exiting from non-core business verticals.
The company, which runs NDTV 24X7 English news channel, indicated that it might challenge the tax demand and expressed confidence the I-T order may not stand judicial scrutiny.
The order follows a probe by Sebi (Securities and Exchange Board of India) into an alleged delay in disclosure about Rs 450 crore income tax demand.
In a press release sent to the stock exchanges today, the company said this was necessary as the areas that it is now going to concentrate on required a leaner workforce.
NDTV today said it has moved the Bombay High Court against the markets regulator Sebi's rejection of its settlement applications filed by the company and then key managerial persons.
The company had sought approval for "subscription of equity shares by Autobyte Private Limited in Fifth Gear Ventures Limited resulting in change of control of Fifth Gear Ventures Limited from New Delhi Television Limited and NDTV Convergence Limited to Autobyte Private Limited," NDTV said in a filing to the BSE.