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Mukta Arts Ltd. - MUKTA ARTS NEGOTIATES ITS LIBRARY DEAL WITH ZEE TV.

| Updated on April 30, 2019 Published on April 30, 2019

Mukta Arts Limited has entered into agreements with M/s Zee Entertainment Enterprises Limited for extension of its existing Satellite and Digital Rights of 37 films upto August 2027 for a total consideration of Rs. 60 Crores (Rupees Sixty Crores Only).

The entire consideration will be received by Mukta Arts Limited by May/June 2020 in easy instalments. The revenue will however be recorded as per the guidelines provided by the Accounting Standards.

Pdf Link: Mukta Arts Ltd. - MUKTA ARTS NEGOTIATES ITS LIBRARY DEAL WITH ZEE TV.

Source : BSE - www.bseindia.com

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Published on April 30, 2019
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