23-Sept-2026 19:49:16
MUKTAARTSAcquisition and merger
MUKTA ARTS: INVESTMENT IN SUBSIDIARY VIA SECURITIES SUBSCRIPTION AGREEMENT
• Mukta A2 Cinemas Private Limited, a subsidiary of Mukta Arts, entered into a Shareholders Agreement and Securities Subscription Agreement with Mr. Rajiv Malhotra and Mr. Sunil Shamrao Patil. • The agreement will bring an investment of up to ₹10 crore into Mukta A2 Cinemas. • Post-transaction, Mukta A2 will transition from a subsidiary to an associate company, with Mukta Arts' shareholding reducing to 42%-49%. • No impact on the management or control of Mukta Arts is anticipated.
Mukta Arts Ltd
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