Music Broadcast Limited — Board Meeting, 20-05-2025: Outcome of Board Meeting

Music Broadcast Limited has announced a board meeting approving the audited financial results for the quarter and year ended March 31, 2025. The company posted a net loss but retains a solid asset base and liquidity. M/s. Price Waterhouse LLP has stepped down as statutory auditors after their term, with M/s. S. N. Dhawan & Co LLP proposed as the new auditor for five years. Mr. Vijay Tandon resigned as Chairman and Non-Executive Independent Director due to health reasons, and Mr. Madhukar Kamath has taken over as the new Chairman. Key board committees have been reshuffled accordingly.