Norfolk Technologies Acquires Stake in iDream Film Infrastructure
Norfolk Technologies Private Limited, along with Persons Acting in Concert (PAC), has disclosed a substantial acquisition of equity shares in iDream Film Infrastructure Company Limited. The acquisition, executed via Preferential Allotment on July 2, 2026, resulted in Norfolk Technologies and its PACs holding 17,37,69,147 shares, representing 64.23% of the total voting capital. Prior to this transaction, their combined holding was 19,94,53,212 shares, accounting for 73.72% of the voting capital. The total equity share capital of iDream Film Infrastructure Company Limited before the disposal was 1,50,000 shares of Rs. 10 each, and after the disposal, it stands at 27,05,53,280 shares of Rs. 10 each. This disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Norfolk Technologies acquired shares in iDream Film Infrastructure via preferential allotment.
- Post-acquisition, Norfolk and PACs hold 64.23% of voting capital.
- The transaction was disclosed under SEBI (SAST) Regulations, 2011.
- Total shares held by acquirer and PACs reduced from 73.72% to 64.23%.
Price Impact
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