Zinema Media Approves 42nd AGM, Share Capital Increase, Creditor Allotment

Zinema Media And Entertainment Ltd's Board of Directors has approved the convening of its 42nd Annual General Meeting (AGM). Key resolutions include a proposed increase in authorized share capital from ₹8 crore to ₹10 crore, subject to shareholder approval. Additionally, the company plans to issue up to 24,99,000 equity shares at par value (₹10 each) aggregating ₹2.49 crore to unsecured financial creditors of Premier Futsal Management Private Limited as part of a resolution plan. The board also noted the resignation of its statutory auditors, Ganesamoorthy. T & Associates, and proposed the appointment of Patni Mandhana & Associates as their replacement, both pending shareholder approval at the upcoming AGM. The AGM is scheduled for September 30, 2026.