Business Update10 Sept 2025, 05:51 pm
TV Today Network Ltd Terminates Agreements with Creative Channel Advertising and Marketing Private Limited
AI Summary
TV Today Network Ltd has informed about the termination of agreements with Creative Channel Advertising and Marketing Private Limited (CCAMPL). The agreements that have been terminated include a Memorandum of Understanding and its addendum for the proposed sale of FM Radio Broadcasting Operations of the Company, and an Advertising Sales Agreement and its addendum. The FM radio stations involved in this termination are located in Mumbai, Delhi, and Kolkata. This decision comes after CCAMPL communicated their inability to continue with these agreements and subsequently withdrew from them.
Key Highlights
- TV Today Network Ltd terminates agreements with Creative Channel Advertising and Marketing Private Limited
- Agreements terminated include Memorandum of Understanding, Advertising Sales Agreement, and their respective addendums
- FM Radio Broadcasting Operations in Mumbai, Delhi, and Kolkata are affected
- Termination follows CCAMPL's communication of inability to continue agreements
- TV Today Network requests stock exchange to record the termination of these agreements