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Balaji Telefilms gains on inking LLP agreement with Select Media Holding

08 Oct 2014 Evaluate

Balaji Telefilms is currently trading at Rs. 79.70, up by 1.50 points or 1.92% from its previous closing of Rs. 78.20 on the BSE.

The scrip opened at Rs. 78.50 and has touched a high and low of Rs. 81.85 and Rs. 77.05 respectively. So far 18821 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 92.70 on 16-Sep-2014 and a 52 week low of Rs. 31.50 on 21-Oct-2013.

Last one week high and low of the scrip stood at Rs. 82.95 and Rs. 78.00 respectively. The current market cap of the company is Rs. 515.81 crore.

The promoters holding in the company stood at 42.93% while Institutions and Non-Institutions held 1.21% and 55.86% respectively.

Balaji Telefilms has signed a Limited Liability Partnership agreement with Select Media Holding (SMHPL) on October 01, 2014 and by virtue of this agreement both have become partners to a Limited Liability Partnership (LLP) named Event Media LLP to carry on a partnership business as a LLP registered under Limited Liability Partnership Act, 2008.

The capital contribution of the company and SMHPL is in the ratio of 51:49 and the businesses of the said LLP shall be organizing and/or managing all kinds of events, including events relating to Film and TV Awards promotional events and any other events relating to the Film and TV industry, including creation of new intellectual property or value addition.

Balaji Telefilms, a media company, is a leading content provider in the television segment.

 

Balaji Telefilms Share Price

93.00 -1.39 (-1.47%)
20-Apr-2026 15:26 View Price Chart
Peers
Company Name CMP
PVR 938.00
Saregama India 341.20
Shemaroo Entertain. 104.65
Balaji Telefilms 93.00
UFO Moviez 74.00
View more..

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