Shemaroo Entertainment has received an approval to invest in a company to be incorporated as a wholly owned subsidiary (WOS) at New Jersey, United States in the name of Shemaroo Media & Entertainment Inc. or any other name as may be approved by the competent authorities. The board of directors at its meeting held on April 11, 2018 approved the same.
Shemaroo Entertainment is a holding company. The company is an entertainment company engaged in the business of motion picture, video and television program distribution activities.