NCLT approves Sapphire Media's acquisition of Big 92.7 FM

NCLT Mumbai approved Sapphire Media's plan for Big 92.7 FM, paying Rs. 261 crore to creditors. The resolution process began in February 2023 under the Insolvency and Bankruptcy Code, with a creditors' committee approving the plan on November 11, 2023.

Related Keywords

India ,Mumbai ,Maharashtra ,Madhu Sinha ,Rohit Mehra ,Sapphire Media For Reliance Broadcast Network ,Sapphire Media ,Reliance Broadcast Network ,National Company Law Tribunal ,Reeta Kohli ,Sapphire Media Limited ,Corporate Insolvency Resolution Process ,Bankruptcy Code ,Nclt ,Big 92 7 Fm ,Resolution Plan ,Creditors ,Insolvency And Bankruptcy Code ,Committee ,Radio Network ,Pan India Presence ,Reliance ,Kbig Fm ,National Company Law Tribunal Nclt ,Corporate Insolvency Resolution Process Cirp ,