SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Reliance MediaWorks fixes delisting exit price at Rs 61 per share

28 Mar 2014 Evaluate

Reliance MediaWorks (RML), Anil Ambani group’s firm, has fixed the exit price for delisting its shares at Rs 61 per share which is at a premium of 25.39% over the floor price. The acquirers shall acquire all equity shares validly tendered at or below the exit price and the shareholders of RML who have validly tendered shares will be paid consideration at the exit price.

The company’s board had on January 20 approved the delisting offer which was later cleared by the shareholders. In March, the two promoters companies of the firm had offered to buy back shares worth at least Rs 251 crore from public shareholders as part of plans to delist it.

Reliance MediaWorks is present in movie halls, film and media services and television content production and distribution. It has operations in 79 cities in the country, apart from Britain and the US. The company operates its cinema chains under the brand of BIG Cinemas and has 410 screens spanning the major cities in the country and the US.

Peers
Company Name CMP
PVR 948.75
Saregama India 330.50
Shemaroo Entertain. 101.11
Balaji Telefilms 92.87
UFO Moviez 70.28
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×