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UFO Moviez India to acquire 100% stake in PJSA

02 Nov 2017 Evaluate

UFO Moviez India has received an approval for purchase of 10,000 equity shares (i.e. 100% stake) of PJSA Technosoft (PJSA) from the existing equity shareholders of PJSA at a total consideration of Rs 100,000. The board of directors at its meeting held on November 1, 2017 has approved for the same. The acquisition is being made for using this entity for company’s IP related businesses going forward.

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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