Filmcity Media Ltd Clarifies Preferential Issue Objects and Timeline

Filmcity Media Limited's Preferential Issue Committee has approved clarifications regarding the objects of its proposed preferential issue. The company will now set up a new business venture in financing and investment consulting, aligning with its amended Memorandum of Association. Additionally, the timeline for utilizing proceeds towards repayment of loans from promoters has been extended from June 30, 2026, to September 30, 2026, pending in-principle approval for the issue. All other details remain unchanged.