Entertainment Network India Limited (ENIL)

Thanks Dhwanil.

As per Q2 result announcement, company is migrating 35 out of 36 stations (including 4 purchased from tv today) from phase -ii to phase -iii. Company has paid 340 crs for phase – iii migration and 339.23 cr for new 17 licenses for phase -iii.
Also TV todays delhi/mumbai/kolkata channels are not approved by MIB for transfer. The Company and TVTN have appealed against the MIB decision before the Hon’ble Delhi High Court. The next court
hearing in respect of the appeal is scheduled for January 20, 2016

http://www.enil.co.in/pdf/stock_exchange_fillings/FY16/ENIL%20Financial%20Results%20-%20Q2FY16%20-%20Oct%2026,%202015.pdf