Rs 100 Crore Deal: NBFC Makes Bold Entry into the Entertainment World!

Funding to Focus on Feature Films, Web Series, and High-Quality Entertainment Content

Amarnath Securities Limited, an RBI-registered NBFC, has announced a major move into the media and entertainment sector. The company has received a fund aggregation mandate to invest Rs 100 crore in collaboration with renowned author and filmmaker Dr. Deepak Singh.

Focus on Content Creation
This investment marks the company’s entry into the media industry, focusing on feature films, web series, and other high-quality content. Amarnath Securities aims to diversify its portfolio and enhance shareholder value through this strategic partnership.

Creative Leadership by Dr. Deepak Singh
Dr. Deepak Singh, known for films like Soorma, Tiger, and The Bad President, will lead the creative direction for this investment. The Rs 100 crore funding will focus on content development, with additional investments planned through post-release collaborations and studio partnerships.

Company’s Strategic Shift
Amarnath Securities is currently in the process of surrendering its NBFC license to explore new business avenues. Commenting on this initiative, Executive Director Mr. Chetan Patel highlighted the company’s commitment to supporting innovative storytelling and expanding into new industries.

Future Growth Plans
The company plans to further invest based on the success of its initial projects and partnerships. This move signals a significant shift for Amarnath Securities as it transitions from traditional financial services to a broader business strategy focused on high-growth sectors.

About Amarnath Securities Limited
Incorporated in 1994, Amarnath Securities Limited is an RBI-registered NBFC currently undergoing the process of surrendering its license. The company is exploring new business opportunities to enhance shareholder value and drive future growth.

Disclaimer: The article is for informational purposes only and not investment advice.