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Mukta Arts to transfer cinema business to newly formed Mukta A2 Cinemas

27 Sep 2016 Evaluate

Mukta Arts, one of the India’s leading Entertainment companies, is planning to transfer its cinema business to a newly floated wholly-owned subsidiary, Mukta A2 Cinemas. The company will hold a board meeting on September 29 to consider and get approval for slump sale through a business transfer agreement.

Mukta Arts is engaged in various areas of film making such as production, distribution, exhibition and imparting education.

Peers
Company Name CMP
PVR Inox 1280.60
Saregama India 501.10
Shemaroo Entertain. 122.00
UFO Moviez India 60.01
Balaji Telefilms 94.38
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