Next Mediaworks Limited has announced the closure of its trading window starting April 1, 2025. This action follows the company’s “Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons” and SEBI’s insider trading regulations. The trading window will remain closed for all designated persons and their immediate relatives until 48 hours after the company’s audited financial results (both standalone and consolidated) for the quarter and financial year ending March 31, 2025, are declared.
The date for the board meeting to approve and release the financial results will be announced separately. This move aims to ensure compliance with insider trading laws and to maintain the integrity of the market.
Summary in Points: • Trading Window Closure Date: April 1, 2025
• Affected Personnel: Designated persons and their immediate relatives
• Duration of Closure: Until 48 hours after financial results are declared
• Financial Results: Standalone and consolidated for the quarter and year ended March 31, 2025
• Board Meeting Date: To be announced later
Effect on Share Market: The closure of the trading window is a standard measure and is unlikely to cause immediate fluctuations in the stock price. However, market participants may eagerly await the announcement of the financial results, which could influence stock activity when the window reopens.
Company Overview: Next Mediaworks Limited, with its headquarters in Mumbai, India, operates in the media and entertainment industry. The company primarily engages in radio broadcasting, managing Radio One, a popular radio channel in India. With a focus on delivering quality content across cities, Next Mediaworks continues to expand its reach and influence in the media sector.
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