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Entertainment Network (India) Limited operates FM radio broadcasting stations under the brand names Mirchi, Mirchi Love, and Kool FM. It sells airtime in the Company’s FM radio broadcasting stations, activations, concerts, and monetization of the Company’s digital and other media properties for advertising.
CRISIL maintains Entertainment Network (India) Limited's (ENIL) 'Watch Developing' ratings for its bank facilities (₹150 Cr), NCDs (₹50 Cr), and Commercial Paper (₹200 Cr). Long-Term rating is Crisil AA+/Watch Developing; Short-Term, Crisil A1+/Watch Developing. The watch continues due to the recent demerger of BCCL's non-publishing business, with post-demerger financial clarity...
ENIL will hold its 27th Annual General Meeting. The Annual Report for FY25-26 is now available online; shareholders without registered emails received direct links. Update KYC details to ensure electronic dividend payments, as physical reports will not be dispatched.
ENIL's digital business soared 84%, now contributing ~48% of radio ad revenue. Consolidated revenue grew 4% to 597.89 Cr, but new labor codes drove a 7.39 Cr loss. Assets for four FM stations are slated for transfer for 19.6 Cr, while promoter shareholding is reorganizing.