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Shemaroo Entertainment Ltd.

BSE: 538685 Sector: Media
NSE: SHEMAROO ISIN Code: INE363M01019
BSE 00:00 | 20 Sep 249.95 7.55
(3.11%)
OPEN

245.05

HIGH

255.30

LOW

245.05

NSE 00:00 | 20 Sep 250.35 8.20
(3.39%)
OPEN

243.35

HIGH

255.00

LOW

243.00

Reply To News Clarification Sought By BSE And NSE On Media Report In M.Timesofindia.Com Dated May 30

May 31, 2019, 9:50 pm | Source: BSE | Downlaod PDFDownload PDF

With reference to above captioned subject we state as under:

After the news report of May 30 2019 the Company has obtained certified FIR copy from the concerned authorities.

As per Media Report Mr. Satish Rajmohan Tandon (Complainant) has initially filed complaint against officers/directors of Viacom 18 Media Private Limited (Viacom) in relation to the hosting and streaming of film Jung on Viacom18 Medias digital platform called Voot.com alleging the same being done without any permission / license from the Complainant.

It is to be noted that the internet rights for film Jung in question have not been licensed/assigned by Company for the platform Voot.com and hence Company has not infringed any copyright of Mr. Tandon. We believe there is no merit in the claim of the Complainant against the Company.

We also wish to inform that this event shall not have any material impact on operations/performance of the Company and no information is required to be disclosed under regulation 30 of the SEBI LODR Regulations.

We are a public listed company and have adhered to all the applicable regulations including the LODR and other SEBI Regulations Companies Act and all other applicable laws. We say that we have not violated any applicable law and there have not been any instances of non-compliance by the Company. We maintain a high degree of corporate governance and disclosures.

Trust this satisfies.