Eros Worldwide FZ LLC, the promoter of Eros International Media (EIML), has completed sale of 11,716,850 shares of EIML between April to August 2017 amounting to over $40 million to reduce its revolving credit facility. With the pay-down from sale of shares and internal accruals, the $123 million facility now stands reduced to approximately $45 million.
Post this sale and as of date, Eros Worldwide together with Eros Digital continues to own 60.47% of EIML.
Eros International Media is a leading global company in the Indian film entertainment industry that acquires, co-produces and distributes Indian films across all available formats such as cinema, television and digital new media.
| Company Name | CMP |
|---|---|
| PVR | 944.25 |
| Saregama India | 344.60 |
| Shemaroo Entertain. | 106.74 |
| Balaji Telefilms | 94.82 |
| UFO Moviez | 72.11 |
| View more.. | |
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