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Eros International Media clears outstanding interest payments

03 Jul 2019 Evaluate

EROS International Media has cleared outstanding interest payments to lenders that caused a recent ratings downgrade by CARE. The company is also working with CARE in an attempt to restore its previous investment grade rating, with the full support of its existing banking consortium.

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.

Peers
Company Name CMP
PVR Inox 1255.90
Saregama India 486.75
Shemaroo Entertain. 115.65
UFO Moviez India 60.63
Balaji Telefilms 92.38
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