NSEGeneral Updates4d ago · 18 Jul 2026, 01:58 pm

General Updates

Entertainment Network (India) Limited · ENIL

✦ AI SummaryDivestiture

Entertainment Network (India) Limited has received approval from the Ministry of Information and Broadcasting to transfer four FM stations to its wholly-owned subsidiary, Alternate Brand Solutions (India) Limited.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Entertainment Network (India) Limited has informed the Exchange about Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations andDisclosure Requirements) Regulations, 2015 ( Listing Regulations )

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ENIL_18072026135519_2026_07_18_MIB_approval.pdf

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entertainment network (India) limited 18 July 2026 BSE Limited, National Stock Exchange of India Rotunda Building, P. J. Towers, Limited, Dalal Street, Fort, Mumbai- 400001 Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051 BSE Scrip Code: 532700/ Symbol: ENIL Sub: Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir/ Madam Pursuant to Regulation 30 of the Listing Regulations, this is to inform that the Ministry of Information and Broadcasting (“MIB”), vide its letter dated 17 July 2026, has approved the transfer of identified four FM Stations assets (Kanpur 91.9 FM, Lucknow 107.2 FM, Nagpur 91.9 FM and Hyderabad 104 FM) to the Company’s wholly owned subsidiary – Alternate Brand Solutions (India) Limited. Copy of the approval is attached herewith. Kindly take the above on record. For Entertainment Network (India) Limited Mehul Shah EVP - Compliance & Company Secretary (FCS no- F839) Encl: a/a Registered Office: The Times Group, Sunteck Icon, CTS 6956 VLG, Kolekalyan Vimantal, CST Link Road, Kalina, Near Mercedes Show Room, BKC Junction, Santacruz East, Mumbai - 400098, Maharashtra, India. Tel: 022 68896222. E-mail: mehul.shah@timesgroup.com www.enil.co.in Corporate Identity Number: L92140MH1999PLC120516