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 The company has already obtained permission of Ministry of Information & Broadcasting for the same.

 The company further states that growth expected in advertising revenue from non-exporting advertisers will have significant cost saving on account of foreign exchange remittances.

 Kopran has informed BSE that it has received an approval for restructuring its high-cost debts from the Corporate Debt Restructuring (CDR) cell.

 The company said that the rates of interest both on long term debts and the working capital borrowing would come down from the current 13.50 per cent to 9 per cent leading to a significant reduction of the interest cost.

 The repayments of long-term debts have been rescheduled to be paid by 2009. This restructuring will not only help improve the profitability of the company but will also enable Kopran to implement its ambitious business growth plans both in terms of turnover and profit.