HT Media Limited — Important, 17-04-2025: General Updates

HT Media has provided clarification in response to recent media reports concerning changes in its audio/radio business leadership. The company confirmed that there have been no alterations in the management of its audio/radio operations managed by HT Media Ltd and its subsidiaries, Next Radio Ltd and HT Music and Entertainment Company Ltd. The reports misinterpreted disclosures related to Next Mediaworks Ltd (NMW), which does not handle any audio/radio business. This clarification aims to address any confusion and provide an accurate representation of HT Media’s management structure in its audio/radio segment. The stability of management in this division is likely to reassure stakeholders about continuity in strategic direction and operational execution.