Reliance Media World to list on BSE, NSE

Anil Ambani led Reliance Media World which holds radio business Big 92.7 FM is likely to get listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), reports agency sources.

Earlier, radio business was de-merged from Adlabs Films and transferred to Reliance Unicom, which was later renamed as Reliance Media World with effect from July 22, 2009.

Under the demerger scheme the shareholders of Reliance Unicom will be issued one share for each share held in Adlabs Films. Pursuant to the receipt of regulatory approval, the demerger was effective from Apr. 1, 2008.

Reliance Media World Listing details and dates are yet to be confirmed. Do visit our site back to check about Reliance Media World listing.

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