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Shemaroo Entertainment Ltd.

BSE: 538685 Sector: Media
NSE: SHEMAROO ISIN Code: INE363M01019
BSE 00:00 | 25 Nov 56.00 0.85
(1.54%)
OPEN

55.95

HIGH

56.55

LOW

55.90

NSE 00:00 | 25 Nov 56.20 0.95
(1.72%)
OPEN

55.45

HIGH

56.95

LOW

55.40

OPEN 55.95
PREVIOUS CLOSE 55.15
VOLUME 2389
52-Week high 189.80
52-Week low 41.80
P/E
Mkt Cap.(Rs cr) 152
Buy Price 55.80
Buy Qty 1.00
Sell Price 59.25
Sell Qty 500.00
OPEN 55.95
CLOSE 55.15
VOLUME 2389
52-Week high 189.80
52-Week low 41.80
P/E
Mkt Cap.(Rs cr) 152
Buy Price 55.80
Buy Qty 1.00
Sell Price 59.25
Sell Qty 500.00

Shemaroo Entertainment Ltd. (SHEMAROO) - Chairman Speech

Company chairman speech

Shemaroo's growth story is only just beginning

THE YEAR 2018-19 TURNED OUT TO BE A TRANSFORMATIVE YEAR FOR SHEMAROO. IT TOOK USASTEPCLOSERTO OUR STRATEGIC VISION OF MAKING ‘INDIA KHUSH'.

The beginning of the financial year witnessed Shemaroo refresh its brand identity toreflect the contemporary nature of its business. Emphasis was given on a fresh modern anddynamic design to strengthen appeal across Indian and diaspora audiences.

We believe that Indian M&E industry is onthecuspofagrowth led by innovation andchanging perspective with respect to consumers and content. With increasing smartphonepenetration cheaper mobile data rising internet speed and adoption of 5G the digitalarena will be a significant driver of growth in the coming years. To tap this opportunitywe launched ShemarooMe a video streaming platform with content across genres andlanguages from Shemaroo's extensive library. This was another significant step in ourdigital journey and we promise to remain focused on offering compelling content to caterto evolving consumer preferences.

India is probably among the few countries in the world that is witnessing significantconcurrent growth in traditional and digital M&E space. Backed by growing regionalpreferences higher TV penetration and rising income level traditional media continues tohold the largest pie of the M&E industry. During the year we continued to monetiseour existing and ever increasing content library on traditional media platforms andlaunched several ad-free subscription- based services on leading DTH platforms acrossgenres such as thriller horror and regional languages.

I am glad to share that during the year under review our existing lines of businessescontinued to grow and have crossed several milestones. Our viewership across all ourYouTube channels achieved a new high record with the monthly views almost doubling in ayear's time to more than 1.2 billion in March 2019. We reached out to new contentplatforms and territories and strengthened our existing partnerships to extend our reach.We have significantly expanded our content library across categories and genres over thelast year which would help us in catering to a wider audience.

On the organisational front we believe that in order to achieve our strategic visionit is imperative to invest in people. Keeping this in mind we reorganised our leadershipand inducted professional talent in senior positions. As we step confidently into thefuture we believe that our new ‘India Khush Hua' positioning will enhance value forall stakeholders and together create a stronger Shemaroo.

Yours sincerely

Raman Maroo.

.