StockWatch
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Film Production- Distribution & Exhibition
Investment22 Jul 2026, 11:14 am

Filmcity Media Approves ₹1.9 Cr Preferential Allotment

AI Summary

Filmcity Media Ltd's Preferential Issue Committee has approved the allotment of 1,90,00,000 equity shares at ₹1 each, aggregating ₹1.90 crore. The shares are issued on a preferential basis to entities within the 'Promoter & Promoter Group' and 'Non-Promoter' categories. Notable allottees include PMC Fincorp Limited (Promoter & Promoter Group) receiving 70,00,000 shares, Puneet Arora (Non-Promoter) receiving 95,00,000 shares, and EPS Fin-Vest Private Limited (Non-Promoter) receiving 25,00,000 shares. This allotment increases the company's paid-up equity share capital to ₹4,95,70,969.

Key Highlights

  • Approved allotment of 1.90 crore equity shares.
  • Total funds raised amount to ₹1.90 crore.
  • Shares issued to promoter and non-promoter categories.
  • Paid-up equity share capital increased to ₹4.96 crore.