KSS will be entering into an agreement for opening a new division of Film distribution in the state of Delhi, UP and Punjab. This step will be taken by the company in order to expand its reach. Accordingly, the division proposes to open a new office in Delhi. The company will distribute films in these states.
The company has recently 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.
KSS has a presence on Pan India basis through its wholly owned subsidiaries K Sera Sera Miniplex and K Sera Sera Digital Cinema.
