EROS INTERNATIONAL MEDIA Share price

Mr. Arjan Lulla started the business in 1977. A partnership firm under the name Jupiter Enterprises was formed on April 1 1981. The original members of Jupiter Enterprises were Mr. Arjan Lulla Mr. Kishore Lulla and Ms. Bhagibhai Lulla. Our Company was incorporated on August 19 1994 under the Companies Act as a private limited company with the name Rishima International Private Limited. By an agreement dated March 30 1999 by and among Mr. Sunil Lulla Mr. Arjan Lulla and our Company our Company acquired the entire business including the assets and liabilities of Jupiter Enterprises with effect from April 1 1999. Our Company entered into an agreement with Mr. Arjan Lulla and Mr. Sunil Lulla the partners of Jupiter Enterprises dated March 30 1999 for assignment and transfer of the business of the partnership firm together with all the assets and liabilities of the partnership firm and the benefit of all contracts assignments and licences and all obligations of the partnership firm on the basis of the balance sheet of the firm as on March 31 1999. The agreement was effective from April 1 1999. For more information on the number of Equity Shares acquired by each of Mr. Arjan Lulla and Mr. Sunil Lulla see ?Capital Structure? on page 32. There was no independent valuation of Jupiter Enterprises prior to its acquisition by our Company. However on the basis of the books of accounts of Jupiter Enterprises as on March 31 1999 the net worth of the firm was Rs. 526.00 lakhs. The name of our Company changed to Eros Multimedia Private Limited on July 25 2000. Our name was changed to Eros International Media Private Limited on November 20 2008. Our Company was converted to a public limited company by a shareholders resolution dated September 16 2009 following which our name changed to Eros International Media Limited on November 18 2009. Major events Year Event 1994 Incorporation of our Company and our Subsidiary Eros International Films 1999 Acquired business and assets of Jupiter Enterprises Commenced selling home entertainment for instance VCDs and DVDs 2005 Release of our first co-produced film Waqt 2006 First India theatrical release and music distribution of the film Omkara Launch of the Eros Music label 2007 Set up VFX operations under our Subsidiary EyeQube Entered into a shareholder?s agreement for acquisition of 64.0% in Big Screen Entertainment 2008 Entry into Tamil film industry pursuant to the assignment of the Ayngaran SHA to Copsale by Eros plc Incorporation of our Subsidiary Eros Music Publishing for signing lyricists and composers Joint Venture Agreement with Universal Music India for talent management India theatrical distribution expansion through offices in Mumbai and Delhi First release on Blu-Ray high-definition disc format Heyy Babyy followed by Om Shanti Om2009 India theatrical distribution expansion through offices in Punjab and exclusive arrangement for West Bengal Execution of Settlement Agreements with various film exhibitors Conversion to a public limited company 2010 Execution of Relationship Agreement