Foreign institutional investors (FIIs) have increased their stake in Eros International Media by 163 basis points to 17.78 percent at the end of September 2014 quarter from 16.15 percent as on Jun 30, 2014. Domestic institutional investors (DIIs) shareholding was unchanged at 1.24 percent at the end of September 2014.
Meanwhile, non institutions were holding 6.46 percent stake at the end of September 2014, down 139 basis points from 7.85 percent as on June 30, 2014. While, corporate bodies were holding 2.15 percent stake at the end of September 2014, down 47 basis points from 2.62 percent as on June 30, 2014. Further, promoters have reduced their shareholding in the company in Q2FY15 by 24 basis points to 74.52 percent at the end of September 2014 from 74.76 percent as on June 30, 2014.
Eros International Media is a part of the Eros Group., which has an extensive film library and is in the business of sourcing Indian and other film content and exploiting it worldwide through its offices in India, UK, USA, UAE, Singapore, Australia, the Isle of Man and Fiji across formats such as theatres, home entertainment, television and digital new media.
