The radio business of Anil Ambani promoted Adlabs Films Ltd., Reliance Media World Ltd (RMWL) will soon list on the stock exchanges. RMWL runs the widely known radio station BIG 92.7 FM.
RMWL was recently demerged from Adlabs Film Ltd. The share holders of Adlab will get one share of RMWL for every share held. The record date for this has been set at August 7.