- Business
- Shalimar Productions Limited (SHALPRO.BO) is an India-based media and entertainment company engaged in content production and production services. Incorporated in 1985 and headquartered in Mumbai, the company produces feature films, short films, regional albums including Rajasthani and Bhojpuri content, and movies; it offers comprehensive pre-production services such as scriptwriting, casting, location scouting, budgeting, permits, and logistics; production services encompassing directing, cinematography, sound design, lighting, multilingual crew sourcing, equipment, and studio spaces; and post-production services including offline and online editing, special effects, animation, dubbing, sound engineering, and music through partnerships with regional facilities. The company operates primarily in India, targeting mainstream and regional audiences via theatrical releases, albums, and digital platforms, with its content portfolio focused on family-friendly entertainment. In recent developments, Shalimar Productions prepares to launch its NJOYMAX OTT platform featuring regional and mainstream media content, initially scheduled for Google Play Store on January 21, 2025; seeks shareholder approval for material related party transactions up to Rs 20 crore with Trisha Studios Limited for movie purchases, media rights, and post-production services, and up to Rs 25 crore each with entities including Visagar Financial Services Limited, Visagar Polytex Limited, and NJOYMAX OTT Entertainment Private Limited for loans and business activities in FY 2024-25; and pursues amendments to its memorandum for investment company objectives, increased borrowing limits to Rs 500 crore, and director appointments including independent directors Ms. Anju Pareek, Mr. Kaushal Yadav, and Ms. Madhubala Vaishnaw for extended terms.