KSS is planning to divest its stake in its subsidiary K Sera Sera Miniplex by way of ‘Offer for Sale’. The company intends to dilute around 26% of its stake at a total valuation of around Rs 200 crore.
The valuation has been decided in the board meeting held on July 25, 2014 at its registered office.
KSS (formerly K Sera Sera) is a content production house that brings together a unique combination of film financing, production and distribution. The company has a net worth of more than Rs 240 crore and is listed on the NSE, BSE & Luxemburg Stock Exchange.
