UFO Moviez India Share Price Live

UFO Moviez India Ltd was originally incorporated as a private limited company under the name of "Valuable Media Private Limited" under the Companies Act, 1956 and received a certificate of incorporation dated June 14, 2004 from the Registrar of Companies, Maharashtra at Mumbai. Thereafter pursuant to a resolution of the shareholders passed at the extraordinary general meeting on August 17, 2006, the name of the Company was changed to "UFO India Private Limited" and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies, Maharashtra at Mumbai on August 31, 2006. The reason for the change of name was to align the name of the company with The brand offerings. Pursuant to a resolution of the shareholders passed at the extraordinary general meeting held on October 11, 2006, The Company was converted into a public company and its name was changed to "UFO India Limited" and a fresh certificate of incorporation consequent upon change of name on conversion to a public limited company was issued by the Registrar of Companies, Maharashtra at Mumbai on November 10, 2006. Further, pursuant to the scheme of amalgamation approved by the Delhi High CThet through its order dated May 19, 2008, UFO Moviez Limited, The erstwhile holding company, was amalgamated with and into UFO India Limited. Subsequently, pursuant to a resolution of the shareholders passed at the extraordinary general meeting held on June 5, 2008, the name of The Company was changed to UFO Moviez India Limited and a fresh certificate of incorporation consequent upon change of name was issued by the RoC on June 12, 2008. The reason for the change of name was the amalgamation. UFO Moviez India Ltd. is India`s largest digital cinema distribution network and in-cinema advertising platform in terms of number of screens. UFO operates India`s largest satellite-based, digital cinema distribution network using its UFO-M4 platform, as well as India`s largest D-Cinema network. UFO`s digitization and delivery model has been a key driver of extensive digitization of Indian cinemas and has enabled wide-spread, same day release of movies across India. As on March 31, 2016, our global network, along with our subsidiaries and associates, spans 6,689 screens worldwide, including 5,034 screens across India & Nepal and 1,655 screens across the Middle East (UAE, Bahrain, Qatar, Oman, Kuwait, Lebanon and Jordan), Israel, Mexico and the USA services by the subsidiary Scrabble Entertainment Ltd. Incorporated in 2004, the company in 2005 entered into the first agreement for appointment of an exhibition franchisee in connection with the installation of E-Cinema digital cinema system and launch of digital cinema business of the Company in India. In 2006, Edridge Limited (a subsidiary of UFO Moviez Limited (formerly known as Zefaan Media Private Limited) acquired a 51% stake in UFO International Private Limited, the entity holding software and intellectual property related to UFO-M4 technology, from DG2L Technologies Pte. Ltd., Singapore. In 2008, the company launched its in-cinema advertising platform. The company got Sanction of the scheme of amalgamation by the High Court of Delhi pursuant to which UFO Moviez Limited, the erstwhile holding company, merged with and into the Company. The company also Signed agreement with Southern Digital Screenz India Private Limited ("SDS") for installation of UFO-M4 digital cinema systems in southern India. In 2010, the company got First non-film application of UFO M4 technology in which the Company acted as the technology service provider for enabling exhibition of live cricket matches in theatres across the country in 2D and 3D formats. In 2011, the company made Investment in SDS and DCI solution provider Scrabble Entertainment Limited ("Scrabble") and also launched operations in U.A.E., Bahrain, Kuwait, Qatar, Lebanon, Oman and Jordan through the Subsidiary, SEJLT. In 2013, the company incorporated SVLLC and SVM, the Associates, to launch operations in North America(USA and Mexico). In 2014, the company entered into a agreement for acquisition of VDSPL and in 2015 the company completed acquisition of 80% interest of VDSPL.