NEXT MEDIAWORKS LTD. - Announcement under Regulation 30 (LODR)-Meeting Updates

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27 Nov 2020
This to inform you that the Company had initiated an investigation in respect of a whistleblower complaint received by the Company alleging certain anomalies in practices adopted in the radio business of the subsidiary company viz. Next Radio Limited. The Company had appointed a reputed law firm for undertaking the investigation in this regard.<BR> <BR> The investigation has since been concluded and the Board of Directors at the meeting held on 27th November, 2020 has taken on record the final investigation report ('Report') (enclosed herewith as Annexure A). <BR> <BR> The Company is taking appropriate steps and mitigation measures to address the findings set out in the Report. We also enclose the management response to the findings contained in the investigation report (Annexure B).
View all announcements for NEXT MEDIAWORKS LTD.	Source: BSE India

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