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Latest news about Music Broadcast

Music Broadcast Limited Submits SEBI Compliance Certificate for Q4 FY26 with No Demat/Remat Activity Apr 15, 2026

Music Broadcast Limited filed its SEBI Regulation 74(5) certificate for Q4 FY26, confirming no Demat/Remat requests were processed during the quarter ended March 31, 2026. The certificate was submitted through registrar KFin Technologies Limited to both NSDL and CDSL, demonstrating regulatory compliance with SEBI depositories and participants regulations.

Music Broadcast Limited Receives Income Tax Demand Order of ₹8,71,476 for Assessment Year 2019-20 Apr 14, 2026

Music Broadcast Limited Receives ₹24.46 Lakh Income Tax Demand Order for Assessment Year 2010-11 Mar 31, 2026

Music Broadcast Limited Receives Favorable GST Rectification Order, Demand Reduced to Zero Mar 24, 2026

Music Broadcast Limited Reports Strong Q3FY26 Turnaround with ₹46.4 Crore Revenue Feb 06, 2026

More news about Music Broadcast

02Feb 26

Music Broadcast Limited Reports Q3FY26 Results with 24% Revenue Decline

Music Broadcast Limited announced Q3FY26 results showing revenue decline of 24% YoY to ₹5,481.21 lakhs while net profit improved marginally to ₹368.38 lakhs. The company faced nine-month losses of ₹536.82 lakhs and reconstituted its Risk Management Committee with enhanced leadership structure.

28Jan 26

Music Broadcast Limited Completes NCRPS Interim Dividend and Redemption Payments

Music Broadcast Limited has completed interim dividend and redemption payments for its NCRPS holders. The Board approved an interim dividend of ₹ 0.01 per NCRPS (0.1% rate) for FY 2025-26 and redemption at ₹ 120 per share upon maturity. Payments were processed on January 19, 2026, for eligible shareholders as per record date January 09, 2026, with KFin Technologies Limited serving as the registrar.

05Jan 26

Music Broadcast Limited Sets Record Date for Interim Dividend and NCRPS Redemption on January 9, 2026

Music Broadcast Limited's Board approved an interim dividend of ₹0.01 per NCRPS and redemption of 89,69,597 preference shares at ₹120 each during their January 5, 2026 meeting. The record date for eligibility has been set as January 9, 2026, with the NCRPS completing their 36-month term on January 19, 2026. The redemption process follows the company's scheme of arrangement approved by NCLT Mumbai Bench for bonus issuance to non-promoter shareholders.

22Dec 25

Music Broadcast Limited Receives ₹89.63 Lakh GST Demand Order for FY2021-22

Music Broadcast Limited has received a GST demand order of ₹89.63 lakh from tax authorities in Lucknow, Uttar Pradesh for the financial year 2021-22. The order includes CGST, IGST, and SGST components along with interest and penalties. The company plans to appeal against the order and expects no material impact on its financials or operations. Music Broadcast believes it has reasonable grounds for success in the appeal based on legal advice.

11Dec 25

Music Broadcast Limited Secures Major Victory in Madras High Court Litigation

Music Broadcast Limited secured a significant legal victory when the Division Bench of Madras High Court delivered a favorable judgment on December 10, 2025, setting aside contempt orders and ruling that contempt jurisdiction was not maintainable in the ongoing copyright dispute, with no financial obligations surviving for the company.

29Oct 25

Music Broadcast Anticipates Recovery Through Digital Audio Growth and Diversified Advertising

Music Broadcast Limited, operating Radio City, anticipates business recovery through digital audio growth and diversified advertising streams. The company is focusing on digital audio expansion, non-FCT advertising, and brand integration opportunities. Despite recent financial challenges, including a 31% YoY revenue decline in Q2 FY26, Music Broadcast maintains a strong market presence with an 18% market share and 42% of radio advertisers choosing Radio City. The company expects a normalization in advertising spending across various sectors.

22Sept 25

Music Broadcast Limited's Chief Innovation Officer Resigns; Company Appeals High Court Order

Music Broadcast Limited (MBL), operator of Radio City, announced two significant developments. Alok Barua, Chief Innovation Officer, resigned to pursue other opportunities, with his last day set for September 22. In a separate matter, MBL filed an appeal against a Madras High Court order, resulting in a stay granted by the Division Bench. The appeal will be heard jointly with Phonographic Performance Limited's case.

17Sept 25

Music Broadcast Limited Appoints Divya Karani as Independent Director

Music Broadcast Limited, the company behind Radio City, has appointed Ms. Divya Rupchand Karani as a Non-Executive Independent Director for a five-year term from July 24, 2025, to July 23, 2030. The appointment was approved by shareholders at the company's 26th Annual General Meeting with 99.99% votes in favor. Ms. Karani brings extensive experience in Communication & Media, Marketing, and Business Leadership. The AGM also approved other resolutions including the adoption of financial statements, dividend confirmation, re-appointment of directors, and appointment of auditors.

26Aug 25

Music Broadcast Limited Faces Court Order in SIMCA Royalty Dispute

The Madras High Court has directed Music Broadcast (Radio City) to produce music logs from August 2010 to December 2020 and calculate royalty payments for SIMCA members within four weeks. The company plans to appeal the order. No immediate payment is required. The next hearing is scheduled for September 26, 2025.

30Jul 25

Music Broadcast Limited Reports Rs 49.00 Crore Revenue with 16.10% EBITDA Margin in Q1

Music Broadcast Limited, operator of Radio City, released Q1 financial results. Revenue was Rs 49.00 crores, with an Operating EBITDA of Rs 8.00 crores and EBITDA Margin of 16.10%. The company maintained market leadership with a 41% share of radio sector clients. 35% of total income came from alternative revenue sources. Despite industry-wide volume decline, the company is focusing on cost optimization, digital expansion, and profitability. Management expects gradual improvement in advertising sentiment and aims to return to 20% margin levels in 3-5 years.

25Jul 25

Music Broadcast Limited CFO Prashant Domadia Resigns, Effective August 15, 2025

Music Broadcast Limited (MBL), the company behind Radio City, announced the resignation of its CFO and Key Managerial Personnel, Prashant Domadia, effective August 15, 2025. Domadia resigned to pursue other professional opportunities. MBL held a conference call to discuss Q1 financial performance on the same day as the resignation announcement.

24Jul 25

Music Broadcast Embraces Digital Innovation with AI-Driven Growth Strategy

Music Broadcast Limited, the company behind Radio City, is implementing a digital-led growth strategy with digital platforms now contributing 10% to overall ad revenue. The company has introduced AI-based RJ innovation and diversified its revenue streams, with 35% coming from non-traditional verticals. Despite these initiatives, Q1 FY26 financial results show a 17.28% YoY revenue decline and a 49.69% drop in EBITDA. Music Broadcast maintains an 18% market share and has appointed Ms. Divya Rupchand Karani as an Additional Non-Executive Independent Director.

24Jul 25

Music Broadcast Limited Appoints Media Veteran Divya Rupchand Karani as Independent Director

Music Broadcast Limited (MBL), operator of Radio City FM stations, has appointed Divya Rupchand Karani as Additional Non-Executive Independent Director for a five-year term starting July 24, 2025, subject to shareholder approval. Karani, a media and marketing veteran, brings extensive experience from roles across South East Asia, the UK, and Asia Pacific. She previously served as CEO of Dentsu South Asia Media for 12 years and currently holds board positions at ZEE Entertainment Enterprises Limited and Jagran Prakashan Limited. Karani's appointment, recommended by the Nomination and Remuneration Committee and approved by the Ministry of Information and Broadcasting, complies with all regulatory requirements.

24Jul 25

Music Broadcast Limited Reports Q1 Profit, Appoints New Independent Director

Music Broadcast Limited (MBL), operator of Radio City, reported a profit of Rs 2.17 crore in Q1 FY2025-26, turning around from a loss of Rs 38.03 crore in the previous quarter. Revenue decreased slightly to Rs 50.00 crore. The company appointed Ms. Divya Rupchand Karani as Additional Non-Executive Independent Director for a five-year term, subject to shareholder approval.

24Jul 25

Music Broadcast Limited Reports Profit in Q1 FY26, Appoints New Independent Director

Music Broadcast Limited (MBL), operator of Radio City FM stations, reported a net profit of Rs 2.58 crore for Q1 FY26, compared to a loss of Rs 33.95 crore in the previous quarter. Revenue from operations increased slightly to Rs 50.00 crore. The company appointed Ms. Divya Rupchand Karani as an Additional Non-Executive Independent Director for a five-year term, effective July 24, 2025, subject to shareholder approval. Ms. Karani brings extensive experience in communication, media, and marketing, having previously served as CEO of Dentsu South Asia Media.

24Jul 25

Music Broadcast Limited Reports Profit in Q1 FY2026, Appoints New Independent Director

Music Broadcast Limited (MBL), operator of Radio City, reported a profit of Rs 257.88 lakhs in Q1 FY2026, reversing previous quarter's loss. Revenue from operations increased to Rs 5,000.06 lakhs. The company appointed Ms. Divya Rupchand Karani as Additional Non-Executive Independent Director for a five-year term, subject to shareholder approval. Ms. Karani, former CEO of Dentsu South Asia Media, brings extensive media and marketing experience to the board.

20May 25

Music Broadcast Reports Q4 Net Loss Amid Revenue Decline

Music Broadcast Limited, operator of Radio City FM, faced a challenging fourth quarter with revenue declining by 12.71% year-on-year to ₹546.70 crore. The company swung to a net loss of ₹380.30 crore, compared to a profit of ₹29.70 crore in the same quarter last year. This marks a significant shift from the previous quarter's profit of ₹36.00 crore.