Music Broadcast Limited has announced the full redemption of its 89,69,597 Non-Cumulative, Non-Convertible Redeemable Preference Shares (NCRPS) on January 19, 2026. These shares, with a face value of ₹10 each, were issued at a premium of ₹90 and redeemed at a premium of ₹20 per share, resulting in a redemption value of ₹120 per NCRPS.

The total redemption amount aggregates to ₹107.63 crore (Rupees One Hundred and Seven Crore Sixty-Three Lakhs Fifty-One Thousand Six Hundred and Forty Only), paid out of the company's distributable reserves.

The company also confirmed timely payment of an interim dividend of 0.1% of the face value, amounting to ₹0.01 per NCRPS, for the financial year 2025-26, along with the redemption amount. The dividend payment record date was January 9, 2026, with the due date for payment being February 3, 2026, and the actual payment made on January 19, 2026. The last interim dividend payment was on January 28, 2025. The redemption was due to maturity, with the due date and actual redemption date both being January 19, 2026.