Tavernier Resources Limited, now known as Eforue Entertainment Limited, has announced a significant move into the film industry by partnering with a US-based company for a Gujarati feature film co-production. The company, listed on the Bombay Stock Exchange (BSE: 531190), has entered into an agreement with Ambigramy LLC, marking its foray into international collaborations in the entertainment sector.

Deal Highlights

Strategic Implications

The partnership between Eforue Entertainment and Ambigramy LLC is strategically positioned to leverage both companies' strengths in the film industry. The collaboration aims to ensure a wide theatrical reach and maximize the box-office potential of the Gujarati feature film. This move signifies Eforue Entertainment's commitment to expanding its presence in the regional film market while tapping into international expertise.

Financial Considerations

The deal, valued at approximately INR 6.00 crores, represents a significant investment in the Gujarati film industry. This financial commitment underscores the potential that both companies see in the regional cinema market and their confidence in the project's success.

Market Impact

For investors and market watchers, this development signals Eforue Entertainment's diversification strategy and its efforts to create value through international partnerships. The company's shares, traded on the BSE, may see increased interest as the market assesses the potential impact of this collaboration on the company's future earnings and growth prospects.

Looking Ahead

As the Indian film industry continues to evolve, with regional cinema gaining more prominence, Eforue Entertainment's strategic move could position it favorably in this growing market segment. The success of this venture could pave the way for more such international collaborations, potentially opening new revenue streams for the company.

Investors and industry observers will be keenly watching the progress of this co-production and its performance at the box office, as it could set a precedent for future cross-border collaborations in the Indian regional film industry.

Tavernier Resources Limited has seen an increase in its shareholding by Silverstone Consultancy Services Private Limited through a significant open market transaction. The move, which took place on October 30, 2025, saw Silverstone acquire an additional 100,000 shares of Tavernier Resources, representing 1.67% of the company's total share capital.

Transaction Details

The acquisition has notably altered Silverstone's position in Tavernier Resources. Prior to this transaction, Silverstone held 314,900 shares, equating to a 5.26% stake in the company. Following the purchase, their total shareholding has increased to 414,900 shares, raising their overall stake to 6.93%.

Company Information

Tavernier Resources Limited has a total equity share capital of Rs. 5,97,90,000. This capital is divided into 59,79,000 fully paid equity shares, each with a face value of Rs. 10.

Acquisition Details

• Mode of Acquisition: Open Market
• Date of Acquisition: October 30, 2025
• Acquirer: Silverstone Consultancy Services Private Limited
• Acquirer's Status: Non-Promoter

It's worth noting that Silverstone Consultancy Services Private Limited does not belong to the promoter or promoter group of Tavernier Resources Limited. The company, headquartered in Mumbai, has made this acquisition as an independent entity.

Regulatory Compliance

This disclosure has been made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Such disclosures are crucial for maintaining transparency in the stock market and keeping shareholders informed about significant changes in ownership patterns.

The transaction underscores the dynamic nature of corporate shareholding in Tavernier Resources. However, the long-term implications of this stake increase will depend on various factors including the company's performance and market conditions.