Sungold Capital has received an approval for further acquisition of stake in Shree Krishna Infrastructure (SKIL) and Shree Krishna Holiday Home and Farms (SKHHFL),with an intention to make them Wholly Owned Subsidiaries of the Company, by acquiring remaining 49% stake by way of cash consideration. The board at its meeting held on March 19, 2013 has approved the same.
Sungold Capital operates in the three distinct areas of media & entertainment, trading and finance. The company’s focus is to build further upon the success of its maiden release of the Hindi feature film 'Kya Hum Zinda Hain' through Sungold Entertainment, its media and entertainment division.
