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UFO Moviez India’s arm gets nod to invest funds in Mumbai Movie Studios

13 Oct 2020 Evaluate

UFO Moviez India’s wholly owned subsidiary -- Scrabble Entertainment (SEL) has received approval from board of directors for investment of up to Rs 8 crore by way of equity and/or non-cumulative optionally convertible redeemable preference shares and/or any other instruments, over a period of up to two years in Mumbai Movie Studios (MMSPL). 

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

72.49 -0.43 (-0.59%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
PVR 1005.05
Saregama India 348.05
Shemaroo Entertain. 103.06
Balaji Telefilms 100.18
UFO Moviez 72.49
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