UFO Moviez India539141Legal settlement news
Advertising rights dispute with TSR Films settled; fresh Advertisement Rights Buyout Agreement signed
UFO Moviez and TSR Films have entered into a settlement deed on October 06, 2026 to settle all disputes over in-cinema advertising rights on TSR screens, and a fresh Advertisement Rights Buyout Agreement.
- Settlement Deed Date
- October 06, 2026
- Disputed Agreement Date
- Advertisement Agreement dated 23rd December, 2023
- Fresh Agreement
- Advertisement Rights Buyout Agreement dated October 06, 2026
Settlement closes the dispute
- UFO Moviez India Limited and TSR Films Private Limited have entered into a settlement deed on October 06, 2026 to settle all their disputes under the Advertisement Agreement dated 23rd December, 2023.
- That agreement related to in-cinema advertising rights on TSR screens.
- The settlement deed will be presented before the Arbitral Tribunal in the ongoing arbitration between the parties, and its terms will be taken on record in the final Award to be passed by the Tribunal, for resolution of all disputes.
A fresh agreement replaces the disputed arrangement
- The parties have also entered into a fresh Advertisement Rights Buyout Agreement dated October 06, 2026, on mutually agreed terms.
- So the disagreement is being closed by settlement, and a new commercial arrangement covering the same advertising rights has been signed between the two parties.
What the company says about the impact
- The execution of the settlement deed along with the Advertisement Rights Buyout Agreement will have positive impact on the advertisement revenue potential of the Company.
How a retail investor can read this
- This is an update on pending litigation. The arbitration over in-cinema advertising rights on TSR screens is being resolved through a settlement rather than being left to a contested outcome.
- The commercial side of the settlement is a new advertising rights buyout arrangement with TSR, which the company links to its advertisement revenue potential.
- The company has described this as an update on pending litigation, of the kind it has been intimating to the exchanges earlier as well.
Source: BSE · 7 Oct 2026
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