StockWatch
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Film Production- Distribution & Exhibition
Shareholding19 Aug 2026, 10:58 am

Visagar Financial Sells Filmcity Media Shares, Stake Drops to 3.93%

AI Summary

Visagar Financial Services Limited has disclosed the sale of 15,65,373 equity shares in Filmcity Media Limited, reducing its holding from 7.09% to 3.93%. The transactions occurred between June 3, 2026, and August 18, 2026, through off-market sales. This disclosure is made under SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. The total share capital of Filmcity Media Limited remains unchanged at 4,95,70,969 equity shares of Rs. 1 each.

Key Highlights

  • Visagar Financial Services sold 15,65,373 shares of Filmcity Media.
  • Holding reduced from 7.09% to 3.93% post-sale.
  • Transactions occurred via off-market sales over several dates.
  • Disclosure made under SEBI Takeover Regulations.
  • Total share capital of Filmcity Media remains constant.