Zinema Media and Entertainment Ltd. Announces Fund Raise Authorization, Sweat Equity Shares Issuance, and Preferential Issue

Zinema Media and Entertainment Limited held a Board Meeting on 16th February, 2026, where several significant decisions were made. The Board authorized Mr. Sathya Prakash and Mr. Dinesh Raj to execute documents and enter into any agreements with intermediaries and other agencies related to the fund raise. The company also approved the issuance and allotment of 50,00,000 Equity Shares for non-cash consideration as Sweat Equity Shares to the Promoter & Managing Director and Joint Managing Director. Additionally, the Board considered and approved the proposal for issuance of 10,000 equity shares of the Company of face value Rs.10/- each to M/s Tulsea Media Private Limited, on a preferential basis, for consideration other than cash, against services rendered to the Company. The Board also approved the increase in the authorized share capital of the Company from 8,00,00,000/- (Rupees Eight Crore only) to Rs.45,00,00,000/- (Rupees Thirty Five crore only).