Eros Worldwide sells 3.61% stake in Eros International

Shares of Eros International Media were trading 6.98 per cent higher at Rs 236.80 on BSE

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Press Trust of India New Delhi
Last Updated : Jul 20 2017 | 3:29 PM IST
Eros International Media's promoter group entity Eros Worldwide FZ LLC has sold 3.61 per cent stake in the company this month bringing down its total shareholding to 39.91 per cent.

In a regulatory filing, Eros said Eros Worldwide FZ LLC, which had 43.51 per cent stake earlier, sold 33.86 lakh shares in the open market between July 7-19.

Eros International acquires, co-produces and distributes Indian films across different formats such as cinema, television and digital new media. The company also owns the rapidly growing over-the-top (OTT) platform Eros Now.

Shares of Eros International Media were trading 6.98 per cent higher at Rs 236.80 on BSE.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jul 20 2017 | 2:45 PM IST

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