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CRISIL assigns A-/Stable credit rating to Shemaroo Entertainment

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MUMBAI: Shemaroo Entertainment (Shemaroo), one of the largest independent content aggregators in Bollywood, today announced that CRISIL has assigned its CRISIL A-/ Stable’ rating to the long term bank facilities of Shemaroo. Post this, the existing credit rating enjoyed by the Company on its long term banking facilities stands upgraded by 3 notches.

 

Rating Rationale by CRISIL:

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The rating reflects the benefits that Shemaroo derives from its established market position as a distributor of film content in the re-issue cycle, supported by a large library of content rights and its strong financial risk profile. The rating also reflects CRISIL’s belief that the company’s capital structure will remain below 0.5 times over the medium term. These rating strengths are partially offset by the company’s long working capital cycle marked by long inventory holding period leading to price volatility risks along with high debtor days and its exposure to intense competition in the new media segment.

 

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CRISIL believes that Shemaroo will maintain its credit risk profile supported by its strong market position and financial risk profile. The outlook may be revised to ‘Positive’ if the company’s enhances its business risk profile, backed by sustainable improvement in its sales to inventory ratio and its receivables management, while maintaining its healthy profitability levels and strong financial risk profile. Conversely, the outlook may be revised to ‘Negative’ if the company’s cash accruals declines significantly or of its working capital cycle lengthens, leading to deterioration in the company’s financial risk profile.

 

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Music and Youth

TLC launches ‘World On My Plate’ with Shipra Khanna

New travel-food series premieres 29 March at 7:00 PM.

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MUMBAI: Shipra Khanna just packed her bags and her flavours because when a celebrated chef takes you on a global plate tour, even the couch starts feeling like first-class. Warner Bros. Discovery India has announced the launch of World On My Plate with Shipra Khanna, a new travel and food series set to premiere on TLC on 29 March at 7:00 PM. Hosted and curated by the popular chef and television personality, the show blends food, travel and culture through an intimate and immersive lens.

Across three visually rich episodes, Shipra journeys to global destinations to explore not just what people eat, but why they eat it, uncovering the stories, traditions and human connections behind every dish. The series opens in London, weaving its iconic landmarks with diverse culinary scenes, before moving to Spain’s vineyards, olive orchards and coastal kitchens.

Warner Bros. Discovery head of advertising revenues for South Asia Tanaz Mehta said: “At TLC, our focus has always been on bringing authentic stories that reflect how people live and connect. World On My Plate builds on this by using food as a lens to explore shared traditions across geographies. We’re excited to collaborate with Chef Shipra Khanna, whose perspective brings both depth and relatability to these narratives.”

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Shipra Khanna added, “Food has always been my way of connecting with people and understanding cultures. With World On My Plate, I’ve had the opportunity to step into new worlds, learn from incredible individuals, and share stories that go far beyond the plate. This show is very special to me.”

The series promises strong visual storytelling, meaningful interactions and a fresh perspective on global cuisine celebrating flavours alongside the emotions and traditions that shape them.

In a world where travel shows often feel like distant postcards, Shipra Khanna is serving up something far more personal: a passport to cultures through their kitchens, proving that the best way to understand a place is still through the plate. Tune in to World On My Plate with Shipra Khanna starting 29 March at 7:00 PM on TLC.

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