Music Broadcast Limited — Others, 09-04-2025: Disclosure under SEBI Takeover Regulations

Jagran Prakashan Limited, the promoter of Music Broadcast Limited, has confirmed that it has not encumbered any shares of the company during the financial year 2024-25, maintaining its substantial holding of 25,59,89,649 equity shares, representing 74.05% ownership. This decision reflects a stable commitment to its investment in Music Broadcast, suggesting a positive outlook for the company’s governance and operational continuity. For investors, this could indicate reduced risk regarding potential volatility or changes in control, reinforcing confidence in the company's long-term strategy.