Indian motion picture production and distribution company
This article is about the Indian media company. For the defunct British film company, see Eros Films. For the defunct media company merged with STX Entertainment to form ErosSTX and then separated to form Eros Media World, see Eros International plc. For other uses, see Eros Media World.
Eros International Media Ltd
Formerly
Rishima International Pvt Ltd Eros Multimedia Pvt Ltd Eros Labs Eros International Media Pvt Ltd Eros Entertainment[1]
Company type
Subsidiary
Traded as
BSE: 533261 NSE: EROSMEDIA
ISIN
INE416L01017
Industry
Media & Entertainment
Founded
1977; 47 years ago (1977) Mumbai, Maharashtra, India
Kishore Lulla (Executive director and CEO, Eros plc) Sunil Lulla (Executive Vice Chairman & Managing Director) Prem Parameswaran (Executive director and CFO)
Pradeep Dwivedi (CEO, Eros India)
Products
Film Production Film distribution Marketing Music Studio Vfx Post production Theatrical Distribution Digital Mobile content & Value Added Services
Services
Film production, co-production, acquisition and distribution
Revenue
₹1000 Crore (US$ 134.94 Million) (FY 2018)
Total equity
₹13.4 Crore (US$ 32 Million)
Parent
Eros Media World
Divisions
Eros Music
Trinity Pictures
Subsidiaries
Big Screen Entertainment Colour Yellow Productions Copsale Digicine Eros Animation Eros International Films Eros International Distribution Eros Music Publishing Eyeqube Studios Techzone 56060
See Subsidiaries
Website
Eros International
Eros International Media Ltd (also known as Eros India) is an Indian motion picture production and distribution company, based and originated in Mumbai, India. Founded by Arjan Lulla in 1977, it is one of the leading production and distribution companies in India.[2] Currently, his sons Kishore Lulla[3] and Sunil Lulla manage the company. It is a subsidiary of Eros Media World, formed in 2020, which was formerly known as Eros International Plc and subsequently ErosSTX Global.[4][5]
Eros co-produces, acquires and distributes Indian films in multiple formats worldwide, including theatrical, television syndication and digital platforms.[6]
Eros has over 12,000 films in its library which include Hindi, Tamil, Telugu and other regional language films.
In 2023, the Securities and Exchange Board(SEBI) discovered that Eros International's financial accounts were inaccurately inflated and did not accurately reflect the company's financial condition.[7] It was revealed that the company had been providing funds and potentially diverting money to entities associated with its promoters.[8] This regulatory action by SEBI came as a result of an investigation initiated following the receipt of a preliminary examination report (PER) from the National Stock Exchange (NSE) regarding Eros International's operations.[9][10]
SEBI also banned Sunil Lulla from holding the position of a director or key managerial personnel in any listed company in India due to a potential diversion of funds.[9] Since June 22, 2023, Eros International and Sunil Lulla have been banned from the Indian securities markets.[11] Eros International and Sunil Lulla appealed the decision but the Indian Securities Appellate Tribunal(SAT) rejected the appeal in August 2023.[9]
^"Eros International Media Ltd" – via Business Standard.
^"Asia's 200 Best Under A Billion List". Forbes. 17 July 2017. Retrieved 1 July 2018.
^"Kishore Lulla Brings Light to Bollywood". Forbes. May 2014. Retrieved 1 July 2018.
^"Eros International Plc Announces Corporate Name Change to Eros STX Global Corporation". www.businesswire.com. 11 September 2020. Retrieved 5 September 2023.
^"Eros Announces Corporate Name Change to Eros Media World PLC". www.businesswire.com. 25 May 2022. Retrieved 5 September 2023.
^"Company History - Eros International Media Ltd". The Economic Times. Times Group. Retrieved 1 July 2018.
^"Eros International shares plunge 20% as Sebi bars group entities, MD". India Today. Retrieved 5 September 2023.
^Ohri, Nikunj; Singh, Sarita Chaganti (24 July 2023). "Indian ministry orders probe into Eros International's accounts". Reuters. Retrieved 5 September 2023.
^ abc"SAT rejects appeals against Sebi's interim order in Eros fund diversion case". The Economic Times. 22 August 2023. ISSN 0013-0389. Retrieved 5 September 2023.
^Gawande, Priyanka (22 August 2023). "SAT denies Eros plea against Sebi order". mint. Retrieved 5 September 2023.
^Bureau, BL Mumbai (22 June 2023). "SEBI bars Eros". BusinessLine. Retrieved 5 September 2023.
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Eros Now Music is an Indian music studio and distributor based in Mumbai, India. It is the dependent and domestic music label of ErosInternational, an...
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Global Information
₹1000 Crore (US$ 134.94 Million) (FY 2018)
₹13.4 Crore (US$ 32 Million)