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Eros International Completes Full Debt Repayment, Strengthening Financial Position

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Eros International Completes Full Debt Repayment, Strengthening Financial Position

Confident Investing Starts Here:

Eros International Media Limited ( (IN:EROSMEDIA) ) has provided an announcement.

Eros International Media Limited has announced the successful full repayment of its bank debt, including interest, to a consortium of banks during the fiscal year 2024-25. This repayment marks the completion of a debt resolution plan initiated in response to COVID-19 related financial stress, indicating a positive impact on the company’s financial stability and potentially enhancing its industry positioning.

More about Eros International Media Limited

Eros International Media Limited operates in the media and entertainment industry, primarily focusing on film production, distribution, and digital content. The company is known for its extensive library of Bollywood films and has a significant market presence in India and internationally.

YTD Price Performance: -33.38%

Average Trading Volume: 35,983

Current Market Cap: 918.9M INR

Learn more about EROSMEDIA stock on TipRanks’ Stock Analysis page.

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