Zinema Media Approves Preferential Issue of ₹2.5 Cr

Zinema Media And Entertainment Ltd's Board of Directors has approved a preferential issue of up to 24,99,000 equity shares at par value, aggregating ₹2,49,90,000. This issue is part of the settlement for unsecured financial creditors of M/s. Premier Futsal Management Private Limited, pursuant to an NCLT order. The company also approved an increase in authorized share capital and the appointment of new statutory auditors, M/s. Patni Mandhana & Associates, following the resignation of M/s. Ganesamoorthy. T & Associates. The Annual General Meeting is scheduled for September 30, 2026.