Quarterly Result2 Mar 2026, 04:42 pm
Zinema Media and Entertainment Ltd. Announces Board Meeting Outcomes: Equity Shares Issuance, Acquisition, and EGM
AI Summary
Zinema Media and Entertainment Ltd. held a Board Meeting on 02.03.2026, discussing various agenda items. The company proposed to issue 1,93,00,000 equity shares at a price of Rs. 10/- per equity share. Additionally, the Board approved the acquisition of up to 60% equity stake in M/s Beontyme Technologies Private Limited through preferential allotment. The company also approved the convening of an Extraordinary General Meeting (EGM) on 28th March 2026 through Video Conferencing / Other Audio Visual Means to transact the specified businesses.
Key Highlights
- Issuance of 1,93,00,000 equity shares at a price of Rs. 10/- per share
- Acquisition of up to 60% equity stake in M/s Beontyme Technologies Private Limited
- Approval of Extraordinary General Meeting (EGM) on 28th March 2026