OFFICIAL STATEMENT FROM ALT DIGITAL MEDIA ENTERTAINMENT LTD

The statement put out by the production house reads, “With reference to various media reports regarding the Web Series – “Gandi Baat”, ALT Digital Media Entertainment Ltd. (“Company”) hereby clarifies that it is fully compliant with all applicable laws including the POCSO Act and any references to engagement of minors by the Company is entirely incorrect.

It is further clarified that Mrs. Shobha Kapoor and Ms. Ektaa R Kapoor are not involved in the day to day operations of the Company and the same are managed by separate teams, including its content strategy

The Company has complete faith in the judiciary and is fully cooperating with the authorities in the investigation. Since the matter is sub-judice, the Company refrains from commenting in detail.”