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Millitoons Entertainment gains with arm acquiring 20% stake in J&K Hotels

Colorchips New Media Ltd. | TV Broadcasting & Software Production | Media | BSE: 540023 | NSE:

07 Mar 2018 Evaluate

Millitoons Entertainment is currently trading at Rs. 31.95, up by 0.25 points or 0.79% from its previous closing of Rs. 31.70 on the BSE.

The scrip opened at Rs. 32.50 and has touched a high and low of Rs. 32.50 and Rs. 31.95 respectively.

The BSE group 'X' stock of face value Rs. 1 has touched a 52 week high of Rs. 64.00 on 27-Mar-2017 and a 52 week low of Rs. 23.40 on 23-Feb-2018.

Last one week high and low of the scrip stood at Rs. 32.50 and Rs. 27.30 respectively. The current market cap of the company is Rs. 543.47 crore.

The promoters holding in the company stood at 75.00%, while Non-Institutions held 25.00% stake in the company.

Millitoons Entertainment’s wholly owned subsidiary ‘Mient Hospitality, LLC’ in USA has acquired 20% stake in J&K Hotels, LLC an Indiana Limited Liability Company in USA. Consequently, J&K Hotels, LLC becomes associate company of Mient Hospitality, LLC.

Further, MIENT Hospitality LLC, has terminated the acquisition plan of Kirksville Hospitality due to non fulfillment of certain clauses of acquisition agreement by the seller. Earlier in September, 2017 the company had announced the acquisition Kirksville Hospitality, Inc by MIENT Hospitality LLC.

Millitoons Entertainment, an integrated design solutions company, provides animation services in India. It is involved in the business of cinematography, ad, television, video, cartoon, 3-D, and animation films; and provision of various services related to production of animation films and other movies, picture films, and toy films, as well as acquires and sells related rights.

Colorchips New Media Share Price

14.55 -0.61 (-4.02%)

20-Apr-2026 14:37 View Price Chart

Peers

Company Name	CMP
Zee Entertainment	88.18
Sun TV Network	650.35
GTPL Hathway	67.30
Network 18 Media Inv	36.01
TV Today Network	115.89
View more..

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Millitoons Entertainment gains with arm acquiring 20% stake in J&K Hotels

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