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IDream Film Infrastructure Company Limited

5 articles
IDream Film Infrastructure, formerly Softbpo Global Services Ltd, is undergoing significant corporate changes and capital raising activities. The company recently received in-principle approval from the BSE for a preferential allotment of both cash and non-cash consideration equity shares to promoters and non-promoters. Concurrent with this, the board approved a private placement offer letter as part of ongoing fundraising efforts. Notably, Northvale Capital has completed an open offer to acquire a 26% stake, now holding 99.72% of the company, though a share purchase agreement for a further 60% stake and additional share allotment remains pending.