Manmohan Shetty hikes stake in Adlabs Films to 33 per cent

MUMBAI: Adlabs Films Limited founder-promoter Manmohan Shetty has acquired 6.06 per cent (1516234 shares) stake on 15 July, taking his total holding to 33.16 per cent in the company.

The mode of acquisition is off market gift transaction, Adlabs informed NSE.

Recently, Anil Ambani acquired 51 per cent stake in Adlabs Films, a leading motion picture processing laboratory which also runs a chain of multiplexes.