Acquisitions8 May 2025, 08:02 pm
Shemaroo Entertainment to Acquire Aikyam Entertainment for INR 14,02,50,000
AI Summary
Shemaroo Entertainment Limited has agreed to acquire 100% equity share capital of Aikyam Entertainment Private Limited for a consideration of INR 14,02,50,000. Aikyam Entertainment is primarily engaged in the business of broadcasting, channel telecasting on television, teleporting, relaying, transmitting, distributing, buying or running any channel/audio/visuals on television or through any medium of distributions. The acquisition is in line with Shemaroo Entertainment's strategic intent of growing the broadcasting stream.
Key Highlights
- Shemaroo Entertainment to acquire Aikyam Entertainment for INR 14,02,50,000
- Aikyam Entertainment is primarily engaged in broadcasting and channel telecasting
- The acquisition is in line with Shemaroo Entertainment's strategic intent of growing the broadcasting stream
- Aikyam Entertainment has an estimated turnover of Rs. 19,23,04,738 for FY 24-25
- Paid-up Share Capital of Aikyam Entertainment is INR. 11,00,00,000