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KSS to sell its stake in ‘K Bazaar Online Trading’

12 Feb 2015 Evaluate

KSS has received an approval to sell its stake in ‘K Bazaar Online Trading’, which is a non-material subsidiary of the company. Consequent to this, K Bazaar Online Trading will cease to be the subsidiary of the company. The board of directors at their meeting held on February 11, 2015 have approved for the same.

KSS has a presence on Pan India basis through its wholly owned subsidiaries K Sera Sera Miniplex and K Sera Sera Digital Cinema.

Peers
Company Name CMP
PVR Inox 1506.40
Saregama India 546.15
Shemaroo Entertain. 104.00
UFO Moviez India 60.50
Tips Music 783.15
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