Mukta Arts Merger & Restructuring Worth ₹10 Cr
Mukta Arts will dilute its stake in subsidiary Mukta A2 Cinemas, reclassifying it as an associate company, via a ₹10 Crore fundraise agreement.
- Value
- ₹10.00 Cr
ALFA Filings
Every announcement, straight from the exchange
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Announcement type
Time
3 announcements with these filters
Mukta Arts will dilute its stake in subsidiary Mukta A2 Cinemas, reclassifying it as an associate company, via a ₹10 Crore fundraise agreement.
Mukta Arts shareholders approved the adoption of financial statements and the re-appointment of Director Parvez Farooqui at the AGM. They also authorized the divestment of a subsidiary.
Mukta Arts Limited terminated its transaction documents (Shareholders and Securities Subscription Agreements) with Maverick Media Private Limited due to unresolvable differences. This has no material impact.