ENTERTAINMENT NETWORK (INDIA) LTD. - 532700 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Entertainment Network (India) Limited - Notice for passing of Special Resolution by Postal Ballot through Remote e-voting pursuant to Section 110 of the Companies Act, 2013 The Postal Ballot Notice contains the following Special Resolution: Sr. No. Type of Resolution Brief particulars 1 Special Resolution Adoption of the new set of Articles of Association
Hold Entertainment Network India; target of Rs 145: ICICI Direct
ICICI Direct recommended hold rating on Entertainment Network India with a target price of Rs 145 in its research report dated November 06, 2020. ENTERTAINMENT NETWORK (INDIA) LTD. - 532700 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Dear Sir/ Madam, Please find attached herewith the copies of the unaudited financial results of the Company for the quarter and six months ended September 30, 2020 published in Newspapers (Financial Express and Loksatta). Thanking you, Yours truly, For Entertainment Network (India) Limited Mehul Shah SVP - Compliance & Company Secretary (FCS no- F5839) ENTERTAINMENT NETWORK (INDIA) LTD. - 532700 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investors Presentation Q2FY21 ENTERTAINMENT NETWORK (INDIA) LTD. - 532700 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Digital products drive Mirchi's 30% sequential revenue growth company reported 30% sequential revenue growth to Rs 47.0 crs in Q2, led by core radio which grew by 132% and digital products which grew by 67%. The company's Solutions business, which includes digital, accounted for 27% of Q2 revenues, with gross margins of 53%.. Compared to a year ago however, revenues were down 59% on account of Covid. The company cut costs drastically during the quarter. DVC (direct variable costs), related to on-ground events and activations, fell by 63%. Overall operating costs, including DVC, reduced by 35% over the same quarter last year. EBITDA loss during the quarter was Rs.6.2 crores, lower than the Rs.26 crores in the June quarter. Net loss for the quarter was Rs.23.7 crores, lower than the Rs.36.6 crores in June quarter. Balance sheet remains strong with Cash reserves of Rs.240.8 crores as on September 30, 2020 ENTERTAINMENT NETWORK (INDIA) LTD. - 532700 - Outcome Of The Board Meeting Held On November 4, 2020
meeting of the Board of Directors of Entertainment Network (India) Limited was held on Wednesday, November 4, 2020, wherein following businesses were inter alia transacted: Considered, approved and took on record the unaudited financial results (standalone and consolidated) of the Company for the quarter and six months ended September 30, 2020 pursuant to the Regulation 33 of the Listing Regulations, Took on record the Limited Review Report for the aforesaid financial results, Approved the adoption of the new set of Articles of Association ('AoA') in substitution for, and to the entire exclusion of, the existing AoA of the Company, subject to the shareholders' approval, the new AoA to be substituted in place of the existing AoA are aligned with the provisions of the Companies Act, 2013, Approved the Postal Ballot Notice to seek the shareholders' approval for adoption of the new set of Articles of Association, Considered other business items. ENTERTAINMENT NETWORK (INDIA) LTD. - 532700 - Unaudited Financial Results Of The Company For The Quarter And Six Months Ended September 30, 2020
Pursuant to the Regulations 30, 33 and other applicable regulations of the Listing Regulations, we are forwarding herewith the unaudited financial results of the Company for the quarter and six months ended September 30, 2020, which have been considered, approved and taken on record by the Board of Directors of the Company, at their meeting held on November 4, 2020. Pursuant to the Regulation 33 of the Listing Regulations, we are also forwarding herewith a copy of the Limited Review Report relating to the aforesaid financial results, duly reviewed by the Auditors of the Company. Aforesaid financial results will be available on the website of the Company www.enil.co.in at: https://www.enil.co.in/stock-exchange-filings-fy2021.php and at BSE Limited and at National Stock Exchange of India Limited The trading window for trading in the securities of the Company will re-open after expiry of 48 (forty eight) hours post the aforesaid financial results are made generally available. ENTERTAINMENT NETWORK (INDIA) LTD. - 532700 - US Business Updates
Dear Sir/ Madam, Sub: Disclosure under Regulation 30 of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 We refer to our earlier disclosures dated January 25, 2019 and June 20, 2019 regarding the Company's foray into the United States (US) Radio market. The Company's US subsidiary, Viz. Entertainment Network, LLC had entered into a Time Brokerage arrangements with a US based broadcasters to broadcast radio programmes and content targeting the South Asian community in New York and New Jersey. One of the said arrangements now stands terminated on mutual understanding with effect from October 31, 2020. Nevertheless, the Company will continue with remaining Time Brokerage arrangement with US bases broadcaster having presence in New Jersey. Thanking you, Yours truly, For Entertainment Network (India) Limited Mehul Shah SVP - Compliance & Company Secretary (FCS no- F5839) ENTERTAINMENT NETWORK (INDIA) LTD. - 532700 - Q2FY21 Earnings Conference Call
Cordially invites you to attend the Q2FY21 Earnings Conference Call Day & Date: Thursday, November 05, 2020 Time: 4:00 pm IST Access numbers Dial-in Numbers Universal Access +91 22 6280 1102/ +91 22 7115 8003 Local Access +91-7045671221 The numbers listed above are universally accessible from all networks and all countries. International Toll Free Number USA: 18667462133 UK: 08081011573 Singapore: 8001012045 Hong Kong: 800964448 You can also pre-register for the call Or Copy this URL in your browser: https://services.choruscall.in/DiamondPassRegistration/register?confirmationNumber=1361026&linkSecurityString;=3f6dac8bc Management Participants Mr. Prashant Panday, Managing Director & CEO Mr. N. Subramanian, Executive Director & Group CFO Looking forward to your participation RSVP: Kailash Yevale / Shruti Vakhariya Adfactors PR Pvt. Ltd. [email protected] / [email protected] ENTERTAINMENT NETWORK (INDIA) LTD. - 532700 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Dear Sir/ Madam, Please find attached herewith the newspaper notices published regarding intimation of the Board Meeting to be convened on Wednesday, November 4, 2020, inter alia to consider, approve and take on record the unaudited financial results of the Company for the quarter and six months ended September 30, 2020 and other business matters. Thanking you, Yours truly, For Entertainment Network (India) Limited Mehul Shah SVP - Compliance & Company Secretary (FCS no- F5839)