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UFO Moviez approved divesting 90% stake in its non-material subsidiary, Upmarch Media Network, which had no business operations.

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UFO Moviez India LimitedUFO · Filed with the exchange

The sale of 1.8 lakh shares at ₹10 each aggregates to ₹0.18 Cr.

UFO will retain 10%.

Read the original filing(PDF)

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