GST Demand of Radio City FM reduced to zero via rectification order:

GST Demand of Radio City FM reduced to zero via rectification order Music Broadcast Limited is an Indian media company that operates private FM radio stations under the established brand Radio City. As a subsidiary of Jagran Prakashan Limited (JPL), it was the first private FM radio broadcaster in india. It recently issued a disclosure to NSE Ltd and BSE Ltd regarding receipt of a rectification order.

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Background of the case

The company stated that it has received a rectification order dated March 19, 2026, from the Office of the Deputy Commissioner (Jurisdiction), whereby the demand of Rs 89,63,361, including penalty, has been reduced to zero.

Key details of the case

Particulars	Details
Issuance Authority	Office of the Deputy Commissioner Jurisdiction: Lucknow Sector- 2, Lucknow (A), Lucknow I, Uttar Pradesh
Date of receipt	March 19, 2026
Details of violations	Not Applicable

Financial Impact

The company stated that it does not have any impact on its financial, operational or other activities.

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Company's Disclosure Compliance

The above disclosure is made by the company under Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations")