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Music Broadcast Ltd - Disclosure Of Material Event / Information Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

| Updated on May 24, 2019 Published on May 24, 2019

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that Music Broadcast Limited had executed a Business Transfer Agreement on 23 April 2018 with Ananda Offset Private Limited for the purpose of acquisition of the radio business undertaking of Ananda Offset Private Limited, engaged in radio broadcasting business under the brand name Friends 91.9 FM through slump sale.

The company has decided to terminate the Business Transfer Agreement dated 23 April 2018 with Ananda Offset Private Limited on account of uncertainty of receipt of regulatory approval as contemplated under the agreement.

Please take the same on your record.

Pdf Link: Music Broadcast Ltd - Disclosure Of Material Event / Information Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

Source : BSE - www.bseindia.com

Published on May 24, 2019
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