Music Broadcast Limited, popularly known as Radio City, has officially announced the closure of its trading window for designated persons and their immediate relatives from April 1, 2025, until 48 hours after the announcement of its audited financial results for Q4 and the financial year ending March 31, 2025. This move aligns with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and ensures transparency and compliance during sensitive financial reporting periods.
During this closure, Central Depository Services Limited (CDSL) will freeze the PAN of all designated persons, effectively restricting any trading activity in the company’s equity shares to prevent insider trading. The exact date of the board meeting for declaring results will be communicated soon.
This action emphasizes the company’s adherence to regulatory frameworks and its proactive approach in ensuring corporate governance. The trading window closure is standard practice before financial disclosures, reflecting a disciplined and investor-friendly environment.
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📅 Effective Date: April 1, 2025, to 48 hours post Q4 results declaration.
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⚖️ Reason: As per SEBI (PIT) Regulations, 2015 and company’s code.
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🚫 Trading Freeze: Applies to Designated Persons & their relatives.
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🧊 PAN Freezing: CDSL will freeze PANs during this period.
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🕰️ Result Date: To be announced shortly by the board.
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📝 Compliance Lead: Arpita Kapoor, Company Secretary.
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🌐 Company Website: www.radiocity.in
📈 Effect on Share Market
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💼 Neutral to Mild Positive: Trading window closures are procedural, but they signal upcoming financial disclosures, sparking investor interest.
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🔍 Anticipation Build-Up: Investors may anticipate Q4 results, leading to potential pre-result accumulation.
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🔒 Temporary Inactivity: Reduced insider trades may cause lower volumes, but stability in stock price is expected.
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📊 Watchlist Alert: Could attract speculative traders anticipating earnings momentum.
🏢 Company Snapshot: Music Broadcast Ltd (Radio City)
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🎙️ Business: Operates FM radio stations across India under the brand ‘Radio City’.
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🏙️ Headquarters: Mumbai, India.
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📅 Established: 1999.
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💼 Listing: BSE (540366), NSE (RADIOCITY).
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🔗 ISIN: INE919I01024.
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🌟 Noted For: India’s first private FM radio station.
🔍 “Did you know? Trading window closures are your clue to big financial reveals. Stay tuned, stay smart, and make your move after the numbers drop!”
📉 Stock Market Disclaimer
Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.
