Zinema Media Board Approves Share Capital Increase & Creditor Allotment

Zinema Media And Entertainment Ltd's Board of Directors met on September 08, 2026, approving a significant increase in authorized share capital from ₹8 Crore to ₹10 Crore. The board also approved the issue and allotment of up to 24,99,000 equity shares, valued at ₹2.49 Crore, to unsecured financial creditors of M/s. Premier Futsal Management Private Limited as part of a resolution plan. Additionally, the company announced the resignation of its statutory auditors, M/s. Ganesamoorthy. T & Associates, and the proposed appointment of M/s. Patni Mandhana & Associates. The Annual General Meeting is scheduled for September 30, 2026, with cut-off dates set for September 04 and September 23, 2026, for AGM notice dispatch and voting eligibility, respectively. All approvals are subject to shareholder and regulatory consent.