Entertainment Network (India) (ENIL) — Announcement

📢 Key Event
Company disclosed regulatory approval for transfer of four FM stations to a subsidiary.

💡 Investor Takeaway
The move may free up capital and focus resources on core digital and advertising operations.

Entertainment Network (India) Limited announced that the Ministry of Information and Broadcasting approved the transfer of four FM radio stations—Kanpur 91.9 FM, Lucknow 107.2 FM, Nagpur 91.9 FM, and Hyderabad 104 FM—to its subsidiary Alternate Brand Solutions (India) Limited, effective 17 July 2026, as per a SEBI Regulation 30 disclosure.

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About Entertainment Network (India) Limited (ENIL)

Media Entertainment & Publication · Entertainment · Listed on NSE

Market Cap: ₹553.31 Cr P/E: 64.1

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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