Submission of Media Release
Awaiting price reaction for this filing.
Unistar Multimedia has set up a wholly owned subsidiary, Arzani India Private Limited, to enter the data centre and cloud infrastructure business. Arzani plans to build six Tier-Grade data centre campuses across India over the next five years, targeting banking, fintech, IT/ITES, e-commerce, manufacturing, and government clients. The move builds on an earlier MoU signed with the Government of Uttarakhand in November 2023 for an estimated ₹50 crore investment in a Next-Generation Technologies & Data Centre Division. Execution is planned in phases — first campus in years 1–2, commercial launch in years 2–3, with full rollout by year 5. The subsidiary will be led by Managing Director Abhishek Thakkar.
This marks a major strategic pivot for a small media company into a capital-intensive data centre business, which could unlock long-term value but carries significant execution and funding risk. Shareholders should expect a long gestation period with no near-term revenue contribution from Arzani.