Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Zinema Media & Entertainment held an EGM on 28th March 2026 where all 5 resolutions were passed unanimously with 100% votes in favor (28,60,500 votes) and zero against. Key approvals include: (1) preferential issue of 1.83 crore equity shares of Rs. 10 face value for cash, (2) issue of sweat equity shares to directors, (3) acquisition of up to 60% equity stake in Beontyme Technologies Private Limited through share swap, (4) issue of equity shares to Tulsea Media Private Limited for non-cash consideration, and (5) increase in authorised share capital with amendment to the Memorandum of Association. Out of 121 shareholders on record date, only 1 promoter and 5 public shareholders attended the meeting via video conferencing. The remote e-voting window ran from 25th to 27th March 2026.
Shareholders should expect significant dilution from the 1.83 crore preferential share issuance and sweat equity to directors. The 60% acquisition of Beontyme Technologies via share swap signals a strategic expansion, but the low attendance (only 6 of 121 shareholders) means resolutions were passed by a small shareholder base.