Music Broadcast Ltd

Music Broadcast Ltd has issued a notice for its 27th Annual General Meeting (AGM) to be held on Wednesday, September 2, 2026, at 1:00 p.m. IST. The meeting will be conducted entirely through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). Key agenda items include the adoption of audited financial statements for the fiscal year ended March 31, 2026, confirmation of interim dividend payment for Non-Cumulative Redeemable Preference Shares, and the re-appointment of a director retiring by rotation. Additionally, the remuneration of the Cost Auditor for the fiscal year ending March 31, 2027, will be ratified. The Annual Report for FY2025-26, containing the AGM notice, is being sent electronically to shareholders and is also available on the company's website.

Music Broadcast Limited has announced its 27th Annual General Meeting (AGM) will be held on September 02, 2026, at 1:00 p.m. IST, via Video Conferencing/Other Audio-Visual Means. The company has issued letters providing web links to the AGM Notice and the Annual Report for FY 2025-26 to shareholders who have not registered their email addresses. The Annual Report is accessible on the company's website (www.radiocity.com) and KFintech's e-voting portal. Shareholders are encouraged to register their email addresses for prompt communication. The cut-off date for entitlement to remote e-voting and AGM participation is August 27, 2026. Remote e-voting will be open from August 30 to September 01, 2026.

Music Broadcast Limited has issued a notice for its 27th Annual General Meeting (AGM) to be held on Wednesday, September 2, 2026, at 1:00 p.m. IST. The meeting will be conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). Key agenda items include the adoption of audited financial statements for FY 2025-26, confirmation of interim dividend payment for Non-Cumulative Redeemable Preference Shares, re-appointment of a director, and ratification of the Cost Auditor's remuneration for FY 2026-27. The notice and annual report for FY 2025-26 are being sent electronically to members and are also available on the company's website.

Music Broadcast Ltd has announced its 27th Annual General Meeting (AGM) scheduled for Wednesday, September 02, 2026, at 1:00 p.m. IST. The meeting will be conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The notice and explanatory statement for the AGM, which forms part of the Annual Report for FY 2025-26, have been dispatched electronically to members. For members without registered email addresses, a letter with the web-link to the Annual Report has been sent, and the report is also available on the company's website (www.radiocity.in). The Annual Report highlights the company's strategy of integrating traditional radio strengths with digital innovation and diversified revenue streams, reaching 69 million listeners across India with 39 stations.

Music Broadcast Ltd has announced that its 27th Annual General Meeting (AGM) will be conducted on Wednesday, September 02, 2026. The meeting will commence at 1:00 PM IST and will be held entirely through Video Conferencing or Other Audio-Visual Means. The company has also uploaded this intimation on its official website, www.radiocity.in, for public access and record.

Music Broadcast Limited announced that its Board of Directors, upon recommendation from the Nomination and Remuneration Committee, has designated Ms. Anurita Patel and Ms. Milli Shah as Senior Management Personnel. This designation is effective from July 22, 2026. Ms. Patel heads National Programming, and Ms. Shah heads Commercial and Administration. Both are existing full-time employees, and their terms of employment remain unchanged. This action is in compliance with Regulation 16(1)(d) of the Listing Regulations.

Music Broadcast (standalone basis — the company has no subsidiaries) swung to a Q1 FY27 net profit of ₹9.22 Cr against a ₹2.17 Cr loss in Q1 FY26, a clear YoY turnaround, even as revenue from operations fell 9.7% YoY to ₹44.54 Cr (from ₹49.32 Cr). Sequentially revenue rose 9.2% over Q4 FY26's ₹40.79 Cr, but that comparison is distorted: Q4 FY26 carried a one-off ₹49 Cr (₹4,900 lakh) asset impairment that produced a ₹47.96 Cr loss that quarter, so the QoQ 'recovery' is largely the absence of that charge rather than organic momentum. No consensus estimates for this print turned up in a web search — Music Broadcast is thinly covered — so the result cannot be benchmarked against street numbers (vsStreet: unknown). The turnaround was driven by expense discipline rather than revenue growth. Total expenses fell 30.9% YoY to ₹40.42 Cr from ₹58.52 Cr: employee benefit expense down 32.9% (₹12.25 Cr vs ₹18.25 Cr), depreciation down 42.4% (₹4.08 Cr vs ₹7.08 Cr — a smaller net block after last year's impairment lowers the ongoing charge), and finance costs down 76.4% (₹0.72 Cr vs ₹3.06 Cr) following the company's full redemption of its NCRPS on January 19, 2026. Other income also rose to ₹8.20 Cr from ₹7.02 Cr (about 15.5% of total income). Net margin expanded from -3.9% to +17.5% YoY. This confirms management's Q4 FY26 guidance that 'continued focus on operational efficiency and cost discipline' would lift margins, but the accompanying expectation of 'gradual improvement in advertising demand' has not yet shown up — revenue from operations is still down YoY, not up. Corporate developments this quarter were largely non-financial: two senior management designations announced the same day as results (July 22, 2026), and a ₹19.94 lakh stamp duty demand (July 9, 2026) that is immaterial against the ₹9.22 Cr profit. The filing also notes that with the NCRPS fully redeemed, the company has no listed non-convertible securities outstanding, removing Regulation 52 disclosure obligations going forward. No management press release with the company's own framing of the quarter was available for this filing, so the reported figures above are the primary record.

Music Broadcast Ltd has announced that its Board of Directors will convene on July 22, 2026. The primary agenda for this meeting is to consider and approve the Un-Audited Financial Results for the quarter ended June 30, 2026. The company also confirmed that the trading window for its securities will remain closed until 48 hours after the conclusion of this board meeting, in compliance with SEBI regulations regarding insider trading. The information is accessible on the company's website and stock exchange portals.

Music Broadcast Limited has received a Demand Notice from the Deputy Collector, Stamp Duty Valuation Organization, Ahmedabad, for an alleged shortfall in stamp duty payment on a lease deed. The notice demands ₹2,84,990/- in stamp duty along with ₹17,09,940/- in fines and penalties, totaling ₹19,94,930/-. The company is consulting with advisors to evaluate the next steps and legal remedies. The financial impact is currently limited to the specified demand amount, and further updates will be provided.

Music Broadcast Limited has announced the closure of its trading window for all Designated Persons and their Immediate Relatives. This closure will be effective from Wednesday, July 01, 2026, and will remain in effect until 48 hours after the declaration of the Un-audited Financial Results for the quarter ended June 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. Additionally, the PAN of Designated Persons and their immediate relatives will be frozen for trading in the Company's Equity Shares during this period, as per recent SEBI circulars.