<ul><li>Sapphire Media Ltd. has completed the acquisition of debt-ridden Reliance Broadcast Network, which owns Big FM 92.7, through the insolvency process.</li><li>Sapphire Media is promoted by Kaithal-based entrepreneur Sahil Mangla and media professional-turned-entrepreneur Aditya Vashistha.</li><li>Big FM 92.7, one of the largest radio networks in India with 58 stations, has been acquired by Sapphire Media to enhance its expansion and become a content and media leader.</li><li>The acquisition will help Sapphire Media in its aggressive expansion plans in digital content creation and broadcasting, following the launch of India Daily 24X7, Sapphire Media’s 24x7 Hindi news channel.</li></ul>

Sapphire Media Completes Acquisition Of Big FM 92.7

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