Next Mediaworks Limited informed that Mr. Tarique Ansari, Chairman and Managing Director of the company has incurred disqualification to act as Director of the company due to the reason that companies namely 'M C Media Pvt. Ltd., Bombay Marathon Pvt. Ltd. and Mid-Day Cyberworks Pvt. Ltd.' in which Mr. Tarique Ansari is a director have not filed the annual accounts and/or annual returns with Registrar of Companies in terms of section 164(2)(a) of the Companies Act, 2013. The company further inform that until disqualification is cured as aforesaid and the disqualified director is appointed again in terms of relevant provision of Companies Act, 2013, the disqualified shall not act as director of the company.