Business Standard

Board of UFO Moviez India approves investment of Rs 20 cr in Cinestaan Digital

Image

Capital Market

At meeting held on 20 December 2019

The Board of UFO Moviez India at its meeting held on 20 December 2019 has approved an investment of Rs 20 crore by way of convertible instruments over a period of three years in Cinestaan Digital. Post conversion of instruments, the company will get up to 62.50% stake in Cinestaan Digital.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 21 2019 | 12:10 PM IST

Explore News