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UFO Moviez to buy stake in Scrabble Entertainment for Rs 14.54 crore

18 May 2017 Evaluate

UFO Moviez India has received its board’s approval to purchase of 66,609 equity shares of Scrabble Entertainment (Scrabble), a subsidiary company of the company, from the existing equity shareholder of Scrabble at a total consideration of Rs 14.54 crore. The company’s board gave approval for the same at its meeting held on May 17, 2017.

UFO Moviez India was incorporated as ‘Valuable Media’. The company is India’s largest digital cinema distribution network and in-cinema advertising platform (in terms of numbers of screens).

UFO Moviez Share Price

72.06 0.53 (0.74%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
PVR 938.05
Saregama India 344.55
Shemaroo Entertain. 105.35
Balaji Telefilms 94.39
UFO Moviez 72.06
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