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

Music Broadcast Limited has announced a board meeting on May 20, 2025, approving the audited financial results for the quarter and year ended March 31, 2025. The company posted total income of ₹261.35 Cr but reported a net loss of ₹38.08 Cr, impacted by impairment losses and key expenses like license fees and employee benefits. M/s. Price Waterhouse LLP concluded their term as auditors, with M/s. S. N. Dhawan & Co LLP proposed as the new statutory auditors for five years. Leadership changes include Mr. Vijay Tandon’s resignation as Chairman and Mr. Madhukar Kamath’s appointment to the role, alongside a reshuffle of board committees.