The Board of Directors of Shemaroo Entertainment Limited (‘the Company’) at the Board meeting held on April 15, 2019, has approved the investment by acquiring 50% stake of Dominiche Productions Private Limited having its registered office at 3, Ground Floor, Parag Niketan JVPD Scheme, Road No. 10 Mumbai-400049.
Subsequent to the acquisition, Dominiche will be the Associate of the Company.
The purchase consideration for the acquisition is Rs. 9 crores. ―Equity Bulls