December 15, 2017

Disney Fox Deal- UTV Software Communications ( Delisted )

new post

May 02, 2018

UTV Software Communications to Compulsorily Eject Loyal Remaining Public Shareholders

 UTV Software Communications , a Walt Disney Company delisted in 2012 @ Rs.1100 

Its prospects have become very bright after its parent bought Rupert Murdoch 's 21 st Century Fox .

It , now , wants to kick out remaining loyal Non Promoter shareholders @ Rs 500 (  Less than 50% what it offered 6 years back.)

So called independent valuers/ CA M/s.Deloitte Haskins And Sells has valued the share at only Rs.26 / 30 ( So , the Company is doing a great favour )

But the Company would keep 5 shares with any 5 of its employees so that it remains a Public Limited Company ( Minimum 7 shareholders are required )

EGM on 29 th May , 2018 at 11:30 am at Mumbai



In a deal that could reshape the entertainment business globally, Walt Disney Co. has agreed to buy Rupert Murdoch’s 21st Century Fox Inc. for about $52.4 billion in stock on Thursday.----------

Currently, Disney operates eight children and youth entertainment channels in India, namely Disney Channel, Disney Junior and Hungama TV. It operates Bindaas and film channels UTV Action and UTV Movies, the channels it acquired from Ronnie Screwvala’s UTV Software Communications Ltd for $454 million in the year 2012.

for more / source


UTV Communications ( Indian Company ) Delisted

Acquisition by Disney[edit]

In 2011, Disney offered to buy out stakes held by public shareholders and other promoters of the company in a deal valued around Rs 20 billion (USD $297 Million).[3]
Subsequent to the buyout by The Walt Disney Company (South East Asia) Pte Ltd, a promoter group firm, the company will be delisted from both the Bombay Stock Exchange and the National Stock Exchange. "The delisting proposal entails an offer to acquire all outstanding equity shares held by public shareholders in the company," UTV said in a filing to the Bombay Stock Exchange.Currently, Disney was the majority shareholder in UTV Software Communications at the time, with 20,497,994 equity shares, accounting for 50.44 per cent stake. The company's board of directors approved the delisting offer and acquiring shares from public at a price not exceeding Rs 1,000 per equity share, it said.

for more / source


blog old posts -2012

August 16, 2012

UTV Software Comunications to Buy Balance Shares ?

UTV Software Communications Limited , a Walt Disney group company was  delisted .

Presently , the Promoters  The Walt Disney Company ( Southeast Asia ) Pte Limited hold 99 . 18 % of the equity.

An EGM has been convened for 27-08-12  to consider , inter - alia issue of 75 lakh  shares , on Preferential basis , to promoters @ Rs. 1090 per share.

 It appears the Company would also buy - back the remaining 0 : 82 % equity ( please recheck  )

old post -2013

UTV Software Communications Exit Offer Final Closing -15-07-13 ( @ Rs.1100 )

Acquirers ,The Walt Disney Company ( Southeast Asia ) Pte Limited have extended the Exit Window to  15/07/13 for those shareholders who have not yet tendered their shares of UTV Software ( @ Rs.1100 ).

This last date would not be extended. 


It appears some shares of UTV Software Communications Ltd are available for Sale / Purchase with Dealers of Rare Indian Shares.


Caution : Please Recheck All Information Before Taking Any Investment Decision. 

General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has holdings in this Company. So please make suitable " provisions " for any likely Over Optimism

NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this blog / blog writer.


Anonymous said...

What will happen to UTV shares I have. Is it a good deal for us.

Ashwani Kumar Aggarwal said...

Disney Fox Merger should be a positive development for UTV.

Anonymous said...

What should we do with the shares which I am holding from last 7 years?

Ashwani Kumar Aggarwal said...

Exciting developments are taking place in this very Rare share. It should be worth holding .

Anonymous said...

Dear Mr. Ashwani Kumar Aggarwal,

Thank you very much for your valuable advice.

What should be the fair value of UTV Software Communications Ltd. equity share after the proposed merger of Walt Disney & Company with 21st Century Fox ?

I would really appreciate if you can through some focus on it.
Warm regards,

Ashwani Kumar Aggarwal said...

Very difficult to put a " fair price " on it.No trading in the Delisted market So many years the Exit price was Rs. 1100/- .After that , in rationalisation process losses were shown. Now, these exciting new developments. Let us wait and watch. Regards

Anonymous said...

Thanks for your reply Mr. Ashwani Aggarwal,

This is an EXTREMELY RARE share !

The promoter, The Walt Disney Company (Southeast Asia) Pte. Ltd. now holds 99.9821 % share in UTV Software communications ltd. Rest all shares are held by general public which is just 0.0179 % !!! There are only 1,57,000 equity share floating in the market, which is held by perhaps just few hundred shareholders.

In the days to come, it would be truely a jackpot for these lucky shareholders who hold it patiently with tremendeous faith in company's bright future & its long term growth potential.

Wish you all the best guys who are holding this rare diamond in their portfolio.