Close Menu
PNN DigitalPNN Digital
    Facebook X (Twitter) Instagram
    PNN DigitalPNN Digital
    • Business
    • National
    • Entertainment
    • Lifestyle
    • Education
    • Press Release
    • Submit Your PR
    PNN DigitalPNN Digital
    Home - Business - Inspire Films Doubles Authorized Capital To Rs.30 Cr and Announces Stock Split in 1:10
    Business

    Inspire Films Doubles Authorized Capital To Rs.30 Cr and Announces Stock Split in 1:10

    Abizar AttariBy Abizar AttariJanuary 23, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Inspire Films
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Mumbai (Maharashtra) [India], January 23: Inspire Films Limited. (NSE – INSPIRE), a leading content creation and production company, has announced a significant financial move by doubling its authorized capital from ₹15 Cr to ₹30 Cr. This decision aims to meet the rising fund requirements driven by the company’s expanding business. In addition, the company has declared a stock split to improve equity share liquidity. The face value of its equity shares will be split from ₹10 each to ₹1 each in a 1:10 ratio. Consequently, the authorized capital will increase to ₹30 Cr equity shares of ₹1 each, aligning with the company’s growth strategy.

    The capital augmentation comes as the company secures multiple mid- and large-scale projects in the television and OTT segments. This strategic decision underscores its commitment to scaling operations, enhancing its footprint in the entertainment industry, and delivering high-quality content. By strengthening its financial foundation, the company aims to elevate its market position and build a strong brand reputation in the competitive entertainment sector.

    Commenting on this, Mr. Yash Patnaik, Managing Director of Inspire Films Limited, said, “We are pleased to announce these strategic decisions that will significantly enhance our financial position and support our growth trajectory. The increase in authorized share capital and the sub-division of equity shares reflect our commitment to strengthening the company’s financial flexibility, enabling us to take on larger projects and better manage working capital requirements. By making our shares more accessible to retail investors, we aim to improve liquidity and broaden our shareholder base, which is essential for our continued success.”

    If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

    Inspire Films
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Abizar Attari
    • LinkedIn

    I’ve always had a fascination with storytelling. Analyzing diverse perspectives and helping people understanding them simply is my life’s motto. I live to create stories that you’d love to read. When I’m not writing, you'll find me having a leisurely stroll on the beach or in the park.

    Related Posts

    AgriAsia2025 – India’s Largest AgriTech, Livestock & Poultry Expo Returns Bigger Than Ever!

    June 28, 2025

    CoLLearn wins 1st prize in Gaming & Sports Category at Startup Mahakumbh 2025

    June 28, 2025

    Eternia: Spacious Residences For Grand Living

    June 28, 2025
    Add A Comment

    Comments are closed.

    Recent Posts
    • AgriAsia2025 – India’s Largest AgriTech, Livestock & Poultry Expo Returns Bigger Than Ever!
    • CoLLearn wins 1st prize in Gaming & Sports Category at Startup Mahakumbh 2025
    • Eternia: Spacious Residences For Grand Living
    • Debut book The Liar’s Guide by Sanjay Shukla explores the humour and psychology behind everyday lies
    • Dr. Vikas Singhal Honored with Bharat Shri Award 2025 for Advancing Evidence-Based Homeopathic Practice

    AgriAsia2025 – India’s Largest AgriTech, Livestock & Poultry Expo Returns Bigger Than Ever!

    June 28, 2025

    CoLLearn wins 1st prize in Gaming & Sports Category at Startup Mahakumbh 2025

    June 28, 2025

    Eternia: Spacious Residences For Grand Living

    June 28, 2025

    Debut book The Liar’s Guide by Sanjay Shukla explores the humour and psychology behind everyday lies

    June 28, 2025

    Dr. Vikas Singhal Honored with Bharat Shri Award 2025 for Advancing Evidence-Based Homeopathic Practice

    June 28, 2025

    Cambridge Schools Introduce Career Readiness Programs, Redefining Summer Learning

    June 28, 2025
    PNN Digital
    2025 © pnn.digital

    Type above and press Enter to search. Press Esc to cancel.