TV Today Network has completed the migration and executed the Grant of Permission Agreement (GOPA) of three FM radio stations of the company (Delhi, Kolkata and Mumbai) from Phase II to Phase III. The company has made payment of migration fee of Rs 71.36 crore and other charges and interest. It has furnished the performance bank guarantee for the requisite value.
Earlier, the company had received an offer letter dated April 20, 2017 from Ministry of Information and Broadcasting (I&B Ministry), for migration of above three FM radio stations from Phase II to Phase III.
TV Today Network is a holding company. The company is engaged in Television programming and broadcasting activities. The company operates in various markets, such as Television, Digital Media and Radio.