HT Media Limited
Incorporated in 2002, HT Media Ltdis in the business of print, radio broadcast and digital services
What HT files
- Others52
- Investor Meet18
- Important13
- Board Meeting12
- PPTs8
- JV/Acquisition5
HT Media is winding down its radio business, surrendering licenses for 'Nasha', 'Radio One', and 'Fever' stations. Management deems these operations financially and strategically unviable. This segment contributed 1.62% to revenue but negatively impacted net worth by 10.33%.
HT Media's board decided to surrender radio licenses for 'Nasha', 'Radio One', and 'Fever' due to financial unviability. These stations contributed ₹29.19 Cr (1.62% of revenue) but had a negative net worth of ₹172.08 Cr in FY25. Operations will cease.
HT Media clarified that recent share price movement is purely market-driven. The company stated it has fully disclosed all material information to exchanges and has not withheld any price-sensitive details.
HT Media's subsidiary HTME has put on hold its decision to close the 'Fever' FM Radio station in Chennai. The earlier plan to surrender the license and cease operations is now paused.
HT Media's subsidiary, HTME, has put on hold the planned closure of its 'Fever' FM Radio station in Chennai. Operations were previously set to cease following a license surrender.