Shemaroo Entertainment is planning to raise funds by way of issue of equity shares or any other instruments or security including fully/partly convertible debentures or by way of a composite issue of non-convertible debentures and warrants entitling the warrant holders to apply for equity shares or right issue or any other eligible securities through qualified institutions placement, private placement/public issue of equity/ debt securities, preferential issue or through any other permissible mode.
The Board of Directors of the Company at its meeting to be held on October 17, 2019 to consider the same.
Shemaroo Entertainment is a holding company. The company is an entertainment company engaged in the business of motion picture, video and television program distribution activities.