ENTERTAIN NET. IND. Share price

HISTORY AND BACKGROUND OF OUR COMPANY:Our Company was incorporated under the name of "Entertainment Network (India) Limited" pursuant to a Certificate of Incorporation No. 11-120516 dated June 24 1999 issued by the Registrar of Companies Maharashtra. Pursuant to a resolution passed in the meeting of our Board on June 3 2000 the Registered Office of our Company was shifted from 22 Ashoka Apartments Nepean Sea Road Mumbai - 400 006 to The Times of India Building Dr. D. N. Road Mumbai 400 001. Further vide a resolution passed in the meeting of our Board on May 29 2003 the Registered Office of our Company was further shifted to 4th Floor Matulya Centre A- Wing Senapati Bapat Marg Lower Parel (West) Mumbai 400 013.HISTORY AND MAJOR EVENTS Year EventOctober 2001 Launched our radio broadcasting station in Indore.December 2001 Launched our radio broadcasting station in Ahmedabad.April 2002 Launched our radio broadcasting station in Mumbai.May 2002 Launched our radio broadcasting station in Pune.December 2002 Investment by DHHL in our Company.April 2003 Launched our radio broadcasting station in Delhi.May 2003 Launched our radio broadcasting station in Kolkata.May 2003 Launched our radio broadcasting station in Chennai.October 2005 Reduction of capital and set off of losses against the share capital and the securities premium account.October 2005 Sale of DHHL?s shareholding in the Company to BCCL.October 2005 Incorporation of our subsidiary Times Innovative Media Private Limited. October 2005 Transfer of the 3600 and OOH media businesses from TIML to TIMPL.January 2006 On January 62006 we bid successfully for licenses for the cities of Bangalore Hyderabad Nagpur Kanpur Lucknow Surat and Jaipur. We have yet to enter into grant of permission agreements for these seven cities.