Hrithik Roshan to sell part of his Cult.fit stake - 6.33 lakhs shares through IPO

Hrithik Roshan is preparing to unlock a portion of his investment in fitness and wellness platform Cult.fit as the company moves ahead with its proposed initial public offering (IPO). While the actor will participate in the offer-for-sale (OFS), he is not exiting the business and will continue to hold equity in the company after the public issue. As per the Draft Red Herring Prospectus (DRHP) submitted by Cult.fit to the Securities and Exchange Board of India (Sebi), Hrithik plans to sell 6,33,824 equity shares as part of the OFS portion of the IPO. The actor has been associated with the company for several years, wearing multiple hats as both an investor and one of its prominent brand ambassadors. The filing further indicates that before the IPO, Hrithik owns approximately 19.01 lakh equity shares in the company, translating to nearly 0.20 percent of the pre-offer equity share capital. Following the proposed sale, he will continue to own the remaining shares, with the final holding d...

Marcel the Shell With Shoes On review – bijou stop-motion animation will win you over

What should be an irritating story about a tiny talking shell with shoes trying to find his family is somehow funny and beguiling

Here is a genuine oddity: a weird little hothouse flower of a film that looks as if it might crumple at the slightest breath of wind – but is actually very resilient. It’s a quirky stop-motion animation, developed from a series of online short films, whose comedy frequency takes a little time to tune into. You have to wait a bit to hear its batsqueak, and before this happens there is a real and understandable danger that you will simply find it insufferably annoying. The film appears to exist in the Venn diagram-overlap between twee and hipster, which isn’t for everyone – but let it grow on you, and there is a real sweetness and gentleness in its absurdity, a savant innocence and charm.

The idea is that the film’s director, Dean Fleischer Camp, is staying in an Airbnb after the collapse of his marriage; this house itself has become available for rental because the couple who own it have split up. Fleischer Camp becomes aware that there is someone else in the house: a tiny mollusc called Marcel (voiced by Jenny Slate) with a single, blinking human eye and dinky little human shoes. Marcel is a calm, childlike figure who talks with absolute candour in his tiny voice to Dean about his own problems and Dean’s.

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