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UFO Moviez India informs about outcome of board meeting

30 Aug 2024 Evaluate

Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), UFO Moviez India has informed that the Board of Directors of the Company at its meeting held on August 30, 2024 has approved further investment of up to Rs.5 crores in a phased manner in Nova Cinemaz, Wholly Owned Subsidiary of the Company through Non-Cumulative Optionally Convertible Redeemable Preference Shares (NCOCRPS). The relevant information as required under Schedule III of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023 is annexed.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
PVR Inox 1334.90
Saregama India 503.45
Shemaroo Entertain. 120.20
UFO Moviez India 61.13
Balaji Telefilms 94.90
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