P. B. Films Ltd — Important, 10-10-2025: Company Update
10-10-2025 | 01:10 pm
10-10-2025 | 01:10 pm
P. B. Films has invested 0.4992 Cr by acquiring 4,16,000 fully convertible warrants of Radiant Financial Services Limited. Each warrant, priced at ₹12, will convert into one equity share. An initial payment of 0.1248 Cr was made, with the balance due upon conversion. This strategic move aims to strengthen P. B. Films' assets and diversify its investment portfolio. Radiant Financial Services is an RBI-registered NBFC focused on investing in securities, with a turnover of 0.8647 Cr in FY25. This investment will result in a 4.11% stake in Radiant, without P. B. Films gaining management control.
No comments yet. Be the first to comment!
