UFO Moviez India Limited — Updates, 31-03-2025: Scheme of Arrangement

UFO Moviez India Limited has announced a board meeting to confirm the effective date of the Scheme of Arrangement involving its wholly-owned subsidiaries, Scrabble Digital Limited and UFO Software Technologies Private Limited. As of today, the subsidiaries have officially merged into UFO Moviez following the filing of the NCLT Order with the Ministry of Corporate Affairs. This strategic consolidation aims to streamline operations and enhance efficiency within the group. For investors, this development signals a potential positive outlook as it may lead to improved operational synergies and cost management going forward.