UFO Moviez India Ltd saw a marginal reduction in the shareholding of SBICAP Trustee Company Limited following the release of pledged shares. The transaction, executed on September 23, 2026, involved 25,000 equity shares, bringing the trustee's total holding down to 5.77% of the company's voting capital.

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. SBICAP Trustee Company Limited acts as a security trustee and does not engage in lending or borrowing activities directly. The entity holds securities on behalf of debenture holders or lenders as required by transaction documents.

Shareholding Details

Prior to this transaction, SBICAP Trustee Company Limited held 22,66,417 shares, representing 5.83% of the total share capital. The recent release of encumbrance reduced this position by 25,000 shares. The following table outlines the change in holding:

The mode of acquisition for this specific movement is listed as "Release of Shares." The date of this release was September 23, 2026.

Capital Structure Context

The filing confirms that the equity share capital of the target company remains unchanged at 22,41,417 equity shares of ₹60.64 each, aggregating to ₹13,59,19,527. This figure represents both the pre-transaction and post-transaction capital structure relevant to the trustee's holding calculation.

SBICAP Trustee Company Limited clarified its role in the disclosure, stating it acts solely as a Security Trustee, Debenture Trustee, or Share Pledge Trustee. It emphasized that enforcing security is done only upon default by the borrower or issuer, based on instructions from lenders or debenture holders.

A Sole Arbitrator has dismissed an interim application filed by UFO Moviez India Limited in its ongoing dispute with TSR Films Private Limited. The order, dated September 17, 2026, withdraws the earlier status quo arrangement, effectively terminating the advertisement agreement between the two entities.

The proceedings stem from an Advertisement Agreement dated December 23, 2023, concerning in-cinema advertising rights on TSR screens. TSR Films terminated the agreement via a notice dated September 23, 2025, while arbitration was pending. UFO Moviez had sought continuation of the contract under Section 17 of the Arbitration and Conciliation Act, 1996.

Procedural History

An interim status quo was granted by the Sole Arbitrator on October 1, 2025, and remained in effect for ten months. TSR Films challenged this continuation on July 29, 2026. The subsequent order dismissed UFO Moviez's interim application on technical grounds. No costs, damages, or monetary liabilities were imposed on the company.

Impact on Operations

The company stated that the terminated arrangement was generating negative returns on a net level. This loss was primarily attributed to execution issues at TSR Films' end, which led to sub-optimal exploitation of advertisement rights. Deductions made by UFO Moviez due to these execution issues form part of the subject matter of the current arbitration.

What the Numbers Show

The dismissal of the interim application removes a contractual arrangement that was already operating at a net loss for UFO Moviez. Since the agreement was generating negative returns due to execution failures by the counterparty, its termination eliminates ongoing operational drag rather than cutting off profitable revenue streams. The core financial claims and counterclaims remain pending adjudication.

Legal Standing

The arbitrator clarified that the order is confined to the interim application and does not adjudicate the merits of the main case. The claim petition, defense, and counterclaim filed by both parties remain pending before the Sole Arbitrator. UFO Moviez indicated that it is evaluating the order with legal advisers and will take appropriate steps to protect its interests.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was received by the company through its advocates on September 17, 2026, at 1:49 pm.