At this moment I can't disclose that for business purposes, but it would be a subsidiary of Mid-Day. Currently, Mid-Day and my family together own 100 percent of the company. |
The exact stake position would be decided after the auctioning process is over. |
We have entered into an agreement with BBC Worldwide to invest in the equity shares of Radio Mid Day. Further, we have also got into a formal arrangement with Rare Enterprises. |