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ENIL enters into agreement with Global Entertainment Network

04 Oct 2019 Evaluate

Entertainment Network India (ENIL) has entered into the Shareholders’ agreement with Global Entertainment Network, Marhaba FM and Salem Fahad S E Al-Naemi. Marhaba FM holds a commercial radio broadcasting station license in respect of the FM frequency 89.6 in state of Qatar (License).

Pursuant to the License, Marhaba FM is currently operating a private FM radio station at 89.6 FM in Qatar under the brand name ‘One FM’. Global Entertainment Network is the wholly owned subsidiary of Marhaba FM. The company shall make an equity investment in the share capital of Global Entertainment Network.

ENIL is one of the leading entertainment and Media Company. The company operates in three segments: radio broadcasting segment, out-of-home media segment and experiential marketing segment. Radio broadcasting segment operates under the brand Radio Mirchi.

Entertain. Network Share Price

115.20 -1.87 (-1.60%)
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