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...

Harder Than the Rock review – reggae’s unsung heroes finally get their moment

Cimarons, the UK’s first reggae band, played with Jimmy Cliff and Bob Marley but barely made a penny; this heartwarming film follows their first gig in 30 years

The UK’s first reggae band deserves all the love and attention coming their way with the release of this documentary. It’s the untold story of Cimarons, and begins in 1967 at a bus stop in London’s Harlesden where two Jamaican-born Londoners, Locksley Gichie and Franklyn Dunn, met and formed a band. By the end of the decade Cimarons would become the go-to backing group for Jamaican artists touring the UK, playing with the likes of Jimmy Cliff and Bob Marley. The band recorded albums of their own, worked as session musicians for Trojan records and toured with the Clash and the Jam. “They were the spark that started a big flame” is how MC General Levy describes their influence. But they barely made a penny out of music. Today, the band’s singer Michael Arkk works as an officer cleaner. How did Cimarons become reggae’s forgotten heroes?

Partly it comes down to choices. The band never hired professional management. They were in it for the music, touring in a clapped-out van with no heating and broken windscreen wipers. They called themselves Cimarons after a TV western, and only later found out it meant “wild and free”. The name fits.

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