Cinevista Limited — Board Meeting, 27-03-2025: Outcome of Board Meeting

The Board of Directors of Cinevista Limited has announced a board meeting to discuss key business developments. The board approved the conversion of a land asset in Kanjurmarg into stock-in-trade, with a fair market value of ₹133.87 crores, enabling the company to commence revenue generation from its real estate operations in FY 2024-25. Additionally, the company has transitioned from a single-segment to a multi-segment business model, incorporating entertainment alongside real estate, following a Joint Development Agreement with K. Raheja Corp. Real Estate Pvt. Ltd.