Thinkink Picturez Board Approves USD 700M FCCB, Raises Borrowing Limit to ₹10,000 Cr

Thinkink Picturez Ltd's Board of Directors, in a meeting on April 10, 2026, approved significant financial initiatives. The company plans to raise up to USD 700 Million through Foreign Currency Convertible Bonds (FCCBs) via private placement, pending shareholder and regulatory approvals. Additionally, the Board sanctioned an increase in the company's borrowing limits to ₹10,000 Crores and approved providing loans, guarantees, or making investments up to ₹1000 Crores, both subject to shareholder consent. An FCCB Committee was also constituted to manage the bond issuance. An Extraordinary General Meeting (EGM) is scheduled for May 8, 2026, to seek shareholder approval for these proposals.