Announced Mon, 6 Jul · 15:23 IST
Norfolk Technologies (Promoter Group) acquires 73.72% stake in IDream Film
Price
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Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹604.40
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—————+2.9+0.8-1.2—-2.9+5.9———
Up moveDown movePending
AI summary
Norfolk Technologies Pvt Ltd along with Persons Acting in Concert (PACs), part of the Promoter Group, acquired 19,94,53,212 equity shares (73.72 percent) of IDream Film Infrastructure Company Ltd on 1 July 2026. Before this acquisition, the promoter group held zero shares. Post acquisition, Norfolk holds 9.49 percent and PACs hold 64.23 percent. The share capital rose from 1.5 lakh shares to about 27.05 crore shares, indicating a preferential allotment and change in control.
Likely market impact
Promoter group now controls 73.72 percent of IDream Film, signalling a change in control and potential restructuring of the company.