Corporate Action21 May 2026, 07:31 pm
IDream Film Infra Allots ₹270.55 Cr Equity Shares
AI Summary
IDream Film Infrastructure Company Ltd allotted 40,00,000 equity shares to Northvale Capital Partners Private Limited for ₹4,00,00,000 and 26,64,03,280 equity shares for consideration other than cash towards acquisition of E-TUNNEL INC. Post allotment, the issued, subscribed and paid-up equity share capital stands at 27,05,53,280 equity shares amounting to ₹2,70,55,32,800.
Key Highlights
- 40,00,000 equity shares allotted to Northvale Capital Partners Private Limited for ₹4 Crore.
- 26,64,03,280 equity shares allotted for acquisition of E-TUNNEL INC.
- Share swap ratio for E-Tunnel acquisition is 1:121.
- Post allotment, total issued, subscribed and paid-up capital is ₹2,70,55,32,800.
- Northvale Capital Partners Private Limited will hold 73.72% post allotment.
Price Impact
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