Music Broadcast has informed that the Board of Directors at its meeting held on December 31, 2018, has considered and approved the Sub-division of equity shares of the Company from the existing face value of Rs 10 per equity share to face value of Rs 2 per equity share as per section 61 (1) (d) of the Companies Act, 2013 read along with the rules made thereunder, subject to approval of the Members of the Company.
The above information is a part of company’s filings submitted to BSE.