HT Media puts on hold surrender of Fever FM Chennai license
HTMEDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 1.8 pts more than its Print Media peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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HT Media informed that its wholly owned subsidiary HT Music and Entertainment Company Limited has kept on hold the earlier decision to surrender the license for operating FM Radio station 'Fever' in Chennai and close operations. Earlier on 25 Nov 2025, the company had disclosed surrender of the MIB license with closure effective 24 Dec 2025. Now that closure decision is paused.
Positive for shareholders as the subsidiary continues FM Radio operations in Chennai instead of winding down.