ENTERTAINMENT NETWORK (INDIA) LTD.

Entertainment Network (India) Ltd (ENIL) announced that the Ministry of Information and Broadcasting (MIB) has approved the transfer of four identified FM Stations assets (Kanpur, Lucknow, Nagpur, and Hyderabad) to its wholly owned subsidiary, Alternate Brand Solutions (India) Limited (ABSL). This approval follows ENIL's application dated February 2, 2026. ABSL is now required to submit several documents, including fresh Performance Bank Guarantees for each FM channel, a certified board resolution delegating power of attorney, no-dues certificates from AIR and BECIL, and stamp/legal papers, before executing a fresh Grant of Permission Agreement (GOPA) for the remaining period of Phase-III permission.

Entertainment Network (India) Ltd (ENIL) has received approval from the Ministry of Information and Broadcasting (MIB) to transfer four identified FM Stations assets (Kanpur 91.9 FM, Lucknow 107.2 FM, Nagpur 91.9 FM, and Hyderabad 104 FM) to its wholly owned subsidiary, Alternate Brand Solutions (India) Limited (ABSL). This transfer is subject to ABSL fulfilling certain conditions, including submitting fresh Performance Bank Guarantees for each FM channel, a certified board resolution delegating power of attorney, no-dues certificates from AIR and BECIL, and stamp paper for the fresh Grant of Permission Agreement (GOPA) for the balance period of Phase-III permission.

ICICI Prudential Mutual Fund has disclosed a net sale of 2,35,000 shares in Entertainment Network India Ltd. This transaction, executed on July 02, 2026, resulted in a decrease of over 2% in the fund's shareholding. The total sale since the last disclosure on October 16, 2019, amounts to 11,19,753 shares. Following the sale, ICICI Prudential Mutual Fund's holding in the company stands at 2.655% of the paid-up capital. The fund clarified that these holdings are for investment purposes and not to seek controlling interest.

ICICI Prudential Mutual Fund has disclosed a net sale of 2,35,000 equity shares of Entertainment Network (India) Ltd on July 02, 2026. This transaction resulted in a decrease of over 2% in the Fund's shareholding. The total net sale since the last disclosure on October 16, 2019, amounts to 11,19,753 shares. The Fund stated that these holdings are for investment purposes and not to seek controlling interest. The disclosure is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Entertainment Network (India) Ltd has received approval from the Ministry of Information and Broadcasting (MIB) for a change in its 'Largest Indian Shareholder'. This change involves transferring the status from Bennett Coleman and Company Limited (BCCL) to its wholly owned subsidiary, Times Horizon Private Limited (THPL). This follows previous disclosures regarding a reorganisation involving BCCL and THPL through a scheme of arrangement. The MIB's approval, dated June 19, 2026, formalizes this shift in promoter shareholding structure.

Entertainment Network (India) Ltd has announced the closure of its trading window for designated persons and their immediate relatives, effective July 1, 2026. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will reopen 48 hours after the company's financial results for the quarter ending June 30, 2026, are publicly disclosed. This measure is standard practice to prevent insider trading during sensitive financial reporting periods.

Entertainment Network (India) Ltd's board approved the audited financial results for the year ended March 31, 2026, with an unmodified audit opinion. A dividend of ₹2.00 per equity share was recommended, totaling ₹953.41 lakhs, subject to shareholder approval. The Board of Directors’ Report for FY26 was also approved. The results will be available on the company website and stock exchanges.

Entertainment Network (India) Ltd's board, in its meeting on May 15, 2026, recommended a dividend of ₹2.00 per equity share (₹10 face value) for the financial year ended March 31, 2026, subject to shareholder approval at the Annual General Meeting. The total dividend payout will be ₹953.41 lakhs. The board also approved the audited financial results (standalone and consolidated) for the quarter and financial year ended March 31, 2026, and the Board of Directors’ Report for FY 2025-26.

Entertainment Network (India) Ltd's board of directors, in a meeting held on May 15, 2026, approved the audited financial results for the quarter and financial year ended March 31, 2026. The board recommended a dividend of ₹2.00 per equity share of ₹10 each, aggregating to ₹953.41 lakhs for the financial year ended March 31, 2026, subject to shareholder approval at the Annual General Meeting. The board also approved the Board of Directors’ Report for the financial year 2025-26.

Entertainment Network (India) Ltd (ENIL) reported a 3.9% YoY increase in consolidated revenues for FY26, reaching ₹565 crore. The digital business stood out with an 84% surge in revenue, amounting to ₹112.4 crore and contributing over 48% of radio revenues. For Q4FY26, consolidated revenues were ₹142 crore. The Board recommended a dividend of ₹2 per equity share. The company's cash balance as of March 31, 2026, was ₹404.2 crore.