Target Entity: Ánima Kitchent Canarias, S.L. (incorporated in Las Palmas de Gran Canaria, Spain with registration NIF number B76259498)
Type of Deal: Acquisition of shares by subsidiary (minority stake acquisition)
Stake/Capacity: Percentage stake not explicitly disclosed. The target is a prominent Spanish animation studio known for producing, creating, and distributing high-quality 2D and 3D animated content with successful entertainment brands including Cuquín, Lea & Pop, Titto Lizzardo, Tippi T-Rex, and PINY Institute of New York.
Deal Value: ₹13,70,38,328/- (approximately ₹13.70 crore) paid as cash consideration only
The acquisition provides partnership with SETT (Sociedad Española para la Transformación Tecnológica), a Spanish Government fund which has committed an overall investment of Euro 24.9 million under private-public partnership
Timeline: Acquisition completed as of June 26, 2026
Strategic Rationale: Access to Spanish Animation production capabilities and markets. Partnership with Spanish Government fund for technology transformation.
Approval Status: Required approvals from relevant authorities as applicable have/will be obtained. The acquisition is complete as of June 26, 2026.
Reference Regulation: SEBI Regulation 30 of Listing Regulations and SEBI Master Circular SEBI/HO/49/14/14(7)2025-CFD POD2/I/3762/2026 dated January 30, 2026
Additional Details:
Not a related party transaction
Industry: Motion video picture production and activities
