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Eros International Media Ltd.

BSE: 533261 Sector: Media
BSE 00:00 | 24 Apr 2020 Eros International Media Ltd
NSE 05:30 | 01 Jan 1970 Eros International Media Ltd

Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements)Regulati

April 18, 2020, 1:25 am | Source: BSE

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 (as amended) we would like to inform you that our ultimate Parent Company Eros International Plc (NYSE:EROS) and STX Filmworks Inc. (STX Entertainment) a global next generation media company have today entered into a definitive stock-for-stock merger agreement pursuant to which STX Entertainment will merge with a newly formed subsidiary of Eros International Plc and will survive such merger as an indirect wholly owned subsidiary of Eros International Plc. The shareholders of STX International will ultimately receive shares of Eros International Plc as merger consideration.