Balaji Telefilms Limited — Others, 23-05-2025: Shareholders meeting

Balaji Telefilms has announced a shareholders meeting convened by the NCLT to approve a merger of its wholly owned subsidiaries, ALT Digital Media Entertainment and Marinating Films Private Limited, into Balaji Telefilms. This consolidation aims to streamline operations, enhance efficiencies, cut compliance costs, and improve cash flow management. The shareholders have unanimously approved the scheme, indicating strong support for the expected operational and strategic benefits from integrating these businesses. No new shares will be issued as the subsidiaries are fully owned.