Monday 20 January 2014

Reliance MediaWorks to delist its shares from the bourses

Reliance MediaWorks is planning to delist its shares from the bourses. In this regard the board of directors of the Anil Dhirubhai Ambani Group Company is scheduled to meet on January 20 to consider delisting of equity shares of the company from the stock exchanges.

Bodies corporate are the major non-promoter shareholders held 13.22% stake in a film and entertainment services company. Individual shareholders held 12.43%, while 1.05% stakes are with the foreign investors and domestic institutional investors. The promoters held 73.30% stake as on September 30 2013, the shareholding pattern data shows.

Reliance MediaWorks has a leading and comprehensive presence in Film and Media Services: Motion Picture Processing and DI; Film, Audio Restoration and Image Enhancement; 3D; Digital Mastering: Studios and Equipment rentals; Visual Effects; Animation; Broadcast and TVC Post Production with presence across India, USA and the UK.

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