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UFO Moviez India LimitedOthers, 13-02-2025: Copy of Newspaper Publication

13-02-2025 | 01:12 pm

UFO Moviez India Limited has announced a board meeting on March 7, 2025, regarding the final hearing of a Company Scheme Petition. This petition involves a scheme of arrangement among UFO Moviez and its associated companies, seeking approval from the National Company Law Tribunal (NCLT). The previous order from NCLT on January 27, 2025, has set the stage for this critical hearing.

The outcome could significantly impact the company’s strategic direction and operational alignment with its associated entities, potentially fostering enhanced collaboration. Investors may view this as a positive outlook for future synergies as the arrangement could lead to operational efficiencies.

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