Members of the Exchange are hereby informed that the trading in Non-Cumulative Non-Convertible Redeemable Preference Shares of Music Broadcast Limited shall be suspended w.e.f. January 09, 2026 (ISIN: INE919I04010) on account of Redemption on Maturity.
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Music Broadcast Limited has announced that trading in its Non-Cumulative Non-Convertible Redeemable Preference Shares (ISIN: INE919I04010) will be suspended on NSE with effect from January 9, 2026. The suspension is on account of the company redeeming these preference shares at maturity. The preference shares are being paid back to holders at face value as they reach the end of their tenure. This is a routine capital structure event and not related to the company's ordinary equity shares.
This event concerns only holders of the preference shares, who will receive the redemption amount. For ordinary equity shareholders, the impact is generally neutral as it is a planned maturity event, though it simplifies the company's capital structure going forward.