Pays migration fee of Rs 71.36 crore
T.V. Today Network announced that in reference to the communication received from Ministry of Information and Broadcasting for migration of three FM radio stations of the Company (Delhi, Kolkata and Mumbai) from Phase II to Phase III, the Company has completed the following formalities -i.Execution of Grant of Permission Agreement (GOPA) for migration of the aforesaid three FM radio stations of the Company to Phase III
ii.Payment of migration fee of Rs. 71,36,79,767 and other charges and interest.
iii.Furnished the Performance Bank Guarantee for the requisite value.
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