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

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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...
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‘I want to make movies for my people’: Jane Schoenbrun on making a soon-to-be cult classic

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The writer-director’s film I Saw the TV Glow brings together themes of fandom, pop culture obsession and trans identity

For the writer-director Jane Schoenbrun, making their highly anticipated follow-up to the breakout indie horror We’re All Going to the World’s Fair was a starkly different process. While their debut cost about $100,000 to make and felt like the result of 10 people running wild in the woods somewhere, far off the grid, I Saw the TV Glow was something else entirely: a budget larger than anything they had worked with before, a giant machine where everything had to move in careful synchronization.

“It was so different that it was almost like working in a different medium,” Schoenbrun said. “I really tried to take advantage of that with this film. I tried to make something that could be like almost painted. So many images in this film were so labored over.”

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