An employee scoops popcorn at a concessions stand at the Paragon Cineplex cinema, operated by Major Cineplex Group Pcl, in Bangkok, Thailand. (Photographer: Brent Lewin/Bloomberg)

Eros Says Temporary Cash-Flow Issue Led To Default, Dues Paid

Eros International Media Ltd. said CARE Ratings’ downgrade to default was because of a temporary cash-flow mismatch and the moviemaker has paid its obligations.“We will take it up with CARE now so ...