05-Oct-2026 18:24:13

AJEL LTDGeneral news

AJEL : PROPOSES TO ACQUIRE BUSINESS OF ZINEEVERSE MOTION PICTURES VIA SHARE SWAP

• Ajel Limited proposes to acquire the business of Zineeverse Motion Pictures Private Limited • The acquisition is for Zineeverse's business, including digital streaming, software development, and content production/distribution • The deal involves a share swap, with terms and conditions to be mutually decided • An in-principal letter of intent has been signed by both parties • The transaction is subject to due diligence and execution of definitive agreements

AJEL Ltd

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