Sambhaav Media is locked at the 20% UC at Rs.7.02.

The company issued a Press Release yesterday stating that the Ministry of Information and Broadcasting (MIB) declared results of e-auction of Second Batch of Private FM Radio Phase - III Channels.

In this round, Sambhaav Media won FM Radio Channels for 13 various cities of Gujarat and Jammu & Kashmir.

The cities include Bhavnagar, Jamnagar, Bharuch, Godhara, Mehsana, Veraval, Porbandar, Junagadh of Gujarat and Poonch, Leh, Bhaderwah, Kargil, and Kathua of Jammu & Kashmir