Music Broadcast Share Price Today

Music Broadcast faces ₹11.58 Cr GST demand for FY23

Music Broadcast received a Show Cause Notice demanding ₹11.58 crore for FY 2022-23. The notice alleges short payment of output tax and ineligible ITC claims. The company disputes the allegations and plans to file a detailed response. Management stated no material financial impact is expected currently.

Music Broadcast shareholders approve FY26 results and dividend at AGM

Music Broadcast Limited passed all four ordinary resolutions at its 27th AGM held on September 2, 2026. Shareholders approved the adoption of FY26 audited financial statements and statutory auditor reports. The meeting confirmed interim dividend payments to Non-Cumulative Redeemable Preference Shares holders. Mr. Rahul Gupta was reappointed as a Director after retiring by rotation. Promoter group voted 100% in favor of all resolutions, while public dissent remained below 0.1%.

Music Broadcast sets Sept 2 AGM after Q1 profit turnaround

Music Broadcast Limited announces its 27th AGM for September 02, 2026, coinciding with a significant financial turnaround in Q1 FY27. The company reported a PAT of ₹9.22 crore, reversing a previous loss, driven by an 849% surge in EBITDA despite a 10% revenue decline. Shareholders are urged to update KYC details and vote remotely between August 30 and September 01, 2026, via KFinTech's platform.

Music Broadcast posts ₹533.24 crore loss in FY26 amid revenue slide

Music Broadcast posted a widened net loss of ₹533.24 crore in FY26 due to falling ad revenues and significant asset impairments. Despite operational challenges, the company strengthened its balance sheet by redeeming all outstanding preference shares. Shareholders will meet virtually on September 2, 2026, to approve financials and board appointments.

Music Broadcast designates Patel, Shah as senior management personnel

Music Broadcast Limited has formally designated Anurita Patel and Milli Shah as Senior Management Personnel effective July 22, 2026. This decision, taken by the Board of Directors on the recommendation of the Nomination and Remuneration Committee, complies with Regulation 16(1)(d) of the SEBI Listing Regulations. The designation does not involve new appointments or changes to their existing terms of employment.

Music Broadcast returns to profit in Q1FY26

Music Broadcast returned to profitability in Q1FY26 with a net profit of ₹922.25 lakh, compared to a net loss of ₹217.42 lakh in the same period last year. Revenue from operations for the quarter was ₹4,454.32 lakh, and total income increased to ₹5,274.41 lakh. The Board approved the unaudited financial results on July 22, 2026.