M&A

M&A

Vistaar Group’s Sheetal Talwar acquires Phantom Studios

Mint  

Vistaar Group’s Sheetal Vinod Talwar has taken full ownership of Mumbai-based Phantom Studios, acquiring the remaining 30% stake from co-founder Madhu Mantena. With this acquisition, Talwar now owns 100% stake in the film production company.The deal provides Phantom Studios an enterprise valuation of INR 200 crore. The company will continue to operate under the leadership of chief executive officer (CEO) Srishti Behl.Phantom Studios (formerly Phantom Films) is a film production and distribution company established in 2011 by Madhu Mantena, Anurag Kashyap, Vikas Bahl, and Vikramaditya Motwane. In March 2015, Reliance Entertainment picked up a 50% stake in the company. In March 2022, the company was renamed to ‘Phantom Studios’.