TV Today Network has informed that in reference to the application filed by the Company with the Ministry of Information & Broadcasting (MIB), Government of India for the sale of its FM radio station to Entertainment Network India (ENIL), the Company has informed that the MIB vide letter dated July 20, 2015, has conveyed its approval for the sale of FM radio station in Amritsar, Jodhpur, Patiala and Shimla. Further the sale of Radio Stations at Delhi, Mumbai and Kolkata has not been approved since ENIL can’t hold more than one radio license in a particular city.
The above information is a part of company’s filings submitted to BSE.
