RADIOCITY · price
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Awaiting price reaction for this filing.
Music Broadcast Limited has filed a litigation update disclosing that a Contempt Petition (No. 3238 of 2024) before the Hon'ble Madras High Court is reserved for order on July 11, 2025. This is a continuation of an earlier disclosure made to stock exchanges on January 27, 2025. There are no other changes to the status of previously disclosed proceedings involving key management personnel or promoters. Settlement details are marked as Not Applicable. The order on the contempt petition is currently pending, and the company has committed to informing exchanges of any material developments.
The contempt petition outcome is pending, so there is no immediate financial or operational impact disclosed. Investors should watch for the court's order, as an adverse ruling could lead to penalties or compliance issues, while a favourable one may close this matter.