{"id":15736,"date":"2022-01-15T15:42:02","date_gmt":"2022-01-15T10:12:02","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-amar-chitra-katha\/"},"modified":"2022-01-15T16:21:40","modified_gmt":"2022-01-15T10:51:40","slug":"biz-amar-chitra-katha","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-amar-chitra-katha\/","title":{"rendered":"Amar Chitra Katha becomes Future group subsidiary post conversion of debentures into equity"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2096052605\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p> New Delhi, Jan 15 (PTI) Future group&#8217;s stake in Amar Chitra Katha Pvt Ltd (ACKPL) has increased to 68.72 per cent post conversion of debentures into equity.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1042201421\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> After the conversion, Future Consumer Ltd holds a majority stake in ACKPL, the publishers of Amar Chitra Katha comics, said a regulatory filing by the Future group firm.<\/p>\n<p> &#8220;Post allotment of the equity shares as aforesaid, the company holds 68.72 per cent of the paid equity share capital of ACKPL and accordingly ACKPL has now become a subsidiary of the company,&#8221; said Future Consumer Ltd.<\/p>\n<p> The Compulsorily Convertible Debentures (CCDs) have been converted by ACKPL in accordance with the terms of issue, which has provision for full conversion into equity shares after expiry of the period of three years, it said.<\/p><div class=\"trade-content_5\" id=\"trade-1416617229\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> As many as &#8220;3,20,159 equity shares of ACKPL having face value Re 1 per equity share have been allotted to the Company on 14th January,2022 at a premium of Rs 376 per equity share, consequent to conversion of 4,977 CCDs originally allotted to the company,&#8221; it said. PTI KRH  MKJ<\/p>\n<div class=\"trade-after-content\" id=\"trade-13885235\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Jan 15 (PTI) Future group&#8217;s stake in Amar Chitra Katha Pvt Ltd (ACKPL) has increased to 68.72 per cent post conversion of debentures into equity. After the conversion, Future Consumer Ltd holds a majority stake in ACKPL, the publishers of Amar Chitra Katha comics, said a regulatory filing by the Future group firm. [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-15736","post","type-post","status-publish","format-standard","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Amar Chitra Katha becomes Future group subsidiary post conversion of debentures into equity - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-amar-chitra-katha\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amar Chitra Katha becomes Future group subsidiary post conversion of debentures into equity\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Jan 15 (PTI) Future group&#8217;s stake in Amar Chitra Katha Pvt Ltd (ACKPL) has increased to 68.72 per cent post conversion of debentures into equity. 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