Pursuant to Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform ....
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The Board of Directors of IDream Film Infrastructure Company Limited met on May 14, 2026, and approved a Private Placement Offer Letter in Form PAS-4. The meeting lasted from 12:30 PM to 1:15 PM. Form PAS-4 is the mandatory format under the Companies Act, 2013 for issuing securities through private placement. No other material business was transacted at this meeting. The company has not disclosed the terms of the private placement in this filing.
The approval indicates the company is planning to raise capital through private placement of securities, which may be dilutive to existing shareholders. The actual impact on stock price will depend on the terms, pricing, and number of securities to be issued, which are not specified in this announcement.