Stock Report

Beastbells Media Pvt Ltd becomes subsidiary of Nihar Info Global Ltd



Posted On : 2024-06-18 14:28:38( TIMEZONE : IST )

Beastbells Media Pvt Ltd becomes subsidiary of Nihar Info Global Ltd

"M/s. Beastbells Media Private Limited" (Formerly known as "Goldenare IT Solutions Private Limited") has become the subsidiary of M/s. Nihar Info Global Limited ("The Company") with effect from 15th June, 2024 pursuant to the acquisition of 1,980 equity shares of M/s. "Beastbells Media Private Limited" (Formerly known as "Goldenare IT Solutions Private Limited") constituting to 99% equity stake.

M/s. Nihar Info Global Limited has already acquired M/s. Life 108 Healthcare Private Limited and M/s. Beastbells Media Private Limited is the 2nd acquisition by M/s. Nihar Info Global Limited in the last six months.

Beastbells Media Private Limjted, a Media Company recently organized a grand event in Shilp Kala Vedika, Hyderabad for conducting the "77th DARSAKA RATHNA DNR FILM AWARDS" of which Sri Komati Reddy Venkat Reddy, Honourable Minister for R&B and Cinematography was the Chief Guest and other guest of honour from the Telugu Film Industry who graced the occasion.
The existing promoters of M/s Beastbells Media Private Limited (Formerly known as "Goldenare IT Solutions Private Limited") have expertise in making a significant impact in the VFX and Animation industry by delivering top-tier services, achieving strategic targets, competing with industry leaders, and exploring opportunities in various other sectors, by collaborating closely with clients to understand their specific requirements and deliver outstanding visual effects solutions and have achieved sustainable growth in the turnover of the Company in the current financial year with their enhanced skills.

BeastBells Media Pvt Ltd (Formerly known . as "Goldenare IT Solutions Private Limited") offers a comprehensive range of visual effects services. BeastBells VFX and Animation Studios is a dynamic company dedicated to delivering cutting-edge Visual effects, Animation, and Multimedia services. Our core setvices include 2D and 3D Animation, Motion graphics, CGI (Computer-Generated Imagery), Digital compositing, Paint, Match movie, Compositing, 3D Modelling, Layout, Texture & Shading, Rigging, FX/Dynamics, CFX, Lighting, Rendering, Matte painting, Rotoscoping and Chroma keying, Virtual reality (VR) and Augmented reality (AR) effects and much mote.

Shares of NIHAR INFO GLOBAL LTD. was last trading in BSE at Rs. 5.99 as compared to the previous close of Rs. 5.72. The total number of shares traded during the day was 17135 in over 58 trades.

The stock hit an intraday high of Rs. 6.00 and intraday low of 5.65. The net turnover during the day was Rs. 101945.00.

Source : Equity Bulls

Keywords

NIHARINFOGLOBAL INE876E01033 Subsidiary BeastbellsMedia