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...

The Shrouds review – David Cronenberg gets wrapped up in grief

Cannes film festival
Elaborate necrophiliac meditation on loss and longing stars Vincent Cassel as an oncologist who has founded a restaurant with a hi-tech cemetery attached

David Cronenberg’s new film is a contorted sphinx without a secret, an eroticised necrophiliac meditation on grief, longing and loss that returns this director to his now very familiar Ballardian fetishes. It’s intriguing and exhausting: a quasi-murder mystery and doppelganger sex drama combined with a sci-fi conspiracy thriller which comes very close to participating in that very xenophobia it purports to satirise. And among its exasperating plot convolutions, there is a centrally important oncologist who was having a possible affair with the hero’s dead wife and who had also been her first sexual partner as a teenager – but who never appears on camera.

Yet for all this, the film has its own creepy, enveloping mausoleum atmosphere of disquiet, helped by the jarring electronic score by Howard Shore. We are in Toronto of the present or near future in which a wealthy and stylish widower and entrepreneur called Karsh (Vincent Cassel) has founded a restaurant with a cemetery attached: a state of the art burial place where people can bury their loved ones with a new “shroud” whose thousands of tiny cameras can record and transmit real time, 8K pictures of the body’s decay, which you can watch on your smartphone.

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