Date: October 03, 2026

Subsidiary Incorporation Disclosure

New Entity Details

  • Skyline FM Radio Network Private Limited incorporated as a step-down wholly owned subsidiary
  • Incorporated in Delhi under the provisions of Companies Act, 2013
  • Date of incorporation: October 3, 2026
  • Industry: FM Radio Broadcasting

Ownership Structure

  • 100% shareholding held by Skyline Radio Network Limited (wholly owned subsidiary of B.A.G. Films and Media Limited)
  • Skyline FM Radio Network Private Limited becomes a step-down wholly owned subsidiary of B.A.G. Films and Media Limited

Transaction Details

  • Consideration: Cash consideration towards initial share subscription to memorandum of association
  • Price: Subscription at face value
  • Nature: Related party transaction (as it involves the company's wholly owned subsidiary)

Business Objectives

  • Object: Establishing, owning, managing, acquiring and operating FM radio broadcast stations
  • Business falls within the main line of business of the listed entity

Additional Information

  • No historical financial information available (newly incorporated company)
  • No indicative time period for completion specified