City Pulse Multiventures Submits New Valuation Report for Matrubharti Technologies Acquisition Aug 07, 2025
City Pulse Multiventures to Acquire Matrubharti Technologies in Rs. 153 Crore Share Swap Deal Jul 31, 2025
More news about City Pulse Multiventures
29Jul 25
City Pulse Multiventures to Acquire Matrubharti Technologies in Strategic Move to Expand Digital Content Reach
City Pulse Multiventures Limited plans to acquire Matrubharti Technologies Private Limited, a regional language digital content platform, through a share swap deal. The company will issue 4.28 million equity shares to acquire a 100% stake in Matrubharti. The acquisition aims to expand City Pulse's cinema business into the digital content market. Matrubharti has over 100,000 authors, 3 million readers, and more than 1 million stories. The share swap ratio is 12 City Pulse shares for 1 Matrubharti share, valuing each City Pulse share at Rs. 358.00. This move will significantly alter City Pulse's shareholding structure, with promoter holding increasing from 11.98% to 23.57%. The company also proposes to increase its authorized share capital from Rs. 11.00 crores to Rs. 16.00 crores.
26Jul 25
City Pulse Multiventures Expands Multiplex Footprint with New Two-Screen Facility in Ahmedabad
City Pulse Multiventures Limited launched a new two-screen multiplex near Iscon Cross Road, SG Highway, Ahmedabad, Gujarat on July 25, 2025. This expansion increases the company's multiplex count from 5 to 7 locations, representing a 40% growth in its portfolio. The project was financed through internal accruals and targets the domestic market. Ticket bookings are available on BookMyShow.com. The company has officially disclosed this expansion to the Bombay Stock Exchange in compliance with SEBI regulations.