
Thinkink Picturez Ltd Board Approves FCCB Issue Up to $700M
Thinkink Picturez Ltd's Board of Directors, in a meeting held on September 1, 2026, approved several key financial and corporate actions. The company will seek shareholder approval to raise funds up to USD 700 Million through Foreign Currency Convertible Bonds (FCCBs) via private placement. Additionally, the board approved an increase in borrowing limits to ₹10,000 Crores and proposed to provide loans, guarantees, or investments up to ₹1,000 Crores, both subject to shareholder consent. The 18th Annual General Meeting is scheduled for September 29, 2026, and the board approved the draft notice, Director's Report, and fixed the record date. The appointment of Mrs. Shubhangi Rajkumar Agarwal as Secretarial Auditor and Scrutinizer was also approved.
Key Highlights
- Board approves raising up to $700 Million via FCCBs.
- Borrowing limits increased to ₹10,000 Crores.
- Proposal to provide loans/investments up to ₹1,000 Crores approved.
- 18th AGM scheduled for September 29, 2026.
- Secretarial Auditor and Scrutinizer appointments approved.
Price Impact
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