Percept Live has cancelled FLY Music Festival, scheduled to take place here and in Bangalore, due to unforeseen circumstances.
The fest, which had invited international bands and several Indian artists, was supposed to take place Feb 16 and Feb 17.
The tickets holders, who booked through Book My Show or Kya Zoonga, will be contacted immediately for a full refund.
"Due to the extremely tight timelines between our announcement and the actual event, FLY Music Festival could not garner the reach and hype that an event of this stature required for successful execution. In addition, the un-seasonal rains in Delhi have caused delay in the massive production required," Manuj Agarwal, CEO Percept Live, said in a statement.
Percept Live, a Percept Ltd's global entertainment venture company, takes complete responsibility for the cancellation.
"We take complete responsibility for not being able to deliver the promised music experience to fans and artists and apologise unconditionally. We promise to reschedule FLY Music Festival," Agarwal said.