Inspire Films Doubles Authorized Capital To Rs.30 Cr and Announces Stock Split in 1:10

Mumbai (Maharashtra) [India], January 23:Inspire Films Limited. (NSE – INSPIRE), a leading content creation and production company, has announced a significant financial move by doubling its authorized capital from ₹15 Cr to ₹30 Cr. This decision aims to meet the rising fund requirements driven by the company’s expanding business. In addition, the company has declared a stock split to improve equity share liquidity. The face value of its equity shares will be split from ₹10 each to ₹1 each in a 1:10 ratio. Consequently, the authorized capital will increase to ₹30 Cr equity shares of ₹1 each, aligning with the company’s growth strategy.

The capital augmentation comes as the company secures multiple mid- and large-scale projects in the television and OTT segments. This strategic decision underscores its commitment to scaling operations, enhancing its footprint in the entertainment industry, and delivering high-quality content. By strengthening its financial foundation, the company aims to elevate its market position and build a strong brand reputation in the competitive entertainment sector.