Entertainment Network ties up with PBPL for Guwahati FM launch

Entertainment Network India Ltd has announced that an Agreement has been executed on September 20, 2007 between the Company and Purvy Broadcasts Pvt Ltd (PBPL) ('Agreement'). PBPL holds a valid and subsisting license from the Government of India to broadcast F.M. Radio in the city of Guwahati.

As per the Agreement, PBPL has agreed to solely and exclusively utilize the sales support function offered by the Company to facilitate the sale of the airtime of PBPL's radio station.

The stock was trading at Rs.519.85, up by Rs.4.65 or 0.90%. The stock hit an intraday high of Rs.523 and low of Rs.512.05.

The total traded quantity was 3717 compared to 2 week average of 18615.

Source : Equity Bulls

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