Corporate Announcement
Security Code : 532416    Company : NEXTMEDIA    
 
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  Exchange Received Time  14/07/2017 16:22:46         Exchange Disseminated Time   14/07/2017 16:22:48              Time Taken   00:00:02
Further to our letter dated 8th June 2017, we wish to inform you that as per the directions of the National Company Law Tribunal, meeting of the shareholders of Next Radio Limited ('NRL') and Syngience Broadcast Ahmedabad Limited ('SBAL') was held on 14th July 2017 wherein the shareholders of NRL and SBAL have approved transfer of NRL's FM radio broadcasting business at Ahmedabad (the 'Undertaking') to its wholly owned subsidiary viz. SBAL, subject to the approval of the Ministry of Information & Broadcasting.
 

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