City Pulse Multiventures
2,301.00
0.00(0.00%)
Market Cap₹2,466.50 Cr
PE Ratio452.27
IndustryRetail
Company Performance:
1D0.00%
1M+35.16%
6M+125.59%
1Y+440.39%
5Y+14,650.00%
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Latest news about City Pulse Multiventures
City Pulse Multiventures to Acquire Matrubharti Technologies in Rs. 153 Crore Share Swap Deal 2 days ago
City Pulse Multiventures, a Gujarat-based cinema operator, plans to acquire Matrubharti Technologies, a regional language digital content platform, for Rs. 153 crore through a share swap. The deal involves issuing 4,275,900 equity shares at Rs. 358 per share, with a 1:12 swap ratio. Post-acquisition, City Pulse will own 100% of Matrubharti. The acquisition aims to expand City Pulse's presence in the digital content space. Matrubharti boasts over 100,000 authors, 3 million active readers, and 1 million stories. The deal will increase City Pulse's authorized share capital and boost promoter shareholding from 11.98% to 23.57%. The acquisition is subject to shareholder approval and regulatory compliance.
City Pulse Multiventures to Acquire Matrubharti Technologies in Strategic Move to Expand Digital Content Reach 3 days ago
City Pulse Multiventures Expands Multiplex Footprint with New Two-Screen Facility in Ahmedabad 6 days ago