Please find the enclosed revised Annual Report for F.Y. 2024-25 along with the covering letter.
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Zinema Media and Entertainment Ltd has submitted its revised Annual Report for FY 2024-25 to BSE along with the notice for its 41st Annual General Meeting, scheduled for August 23, 2025 at 1:00 PM in Chennai. The AGM will seek shareholder approval to adopt the standalone and consolidated financial statements for FY ended March 31, 2025. A key proposal is an amendment to the Main Object Clause of the Memorandum of Association to diversify the company's business into sports, cinema halls, content production, OTT/digital platforms (SVOD, TVOD, AVOD), broadcasting, and media-tech consulting. Shareholders will also vote on increasing the authorised share capital from ₹31 crore to ₹50 crore (5 crore equity shares of ₹10 each), creating room for 1.9 crore additional shares likely tied to future fundraising. Other items include a final dividend of ₹0.05 per share (0.50% on face value), change in designation of Mr. Sadasivam Anbazhagan to Independent Director for 5 years, and appointment of M/s P B & Associates as Secretarial Auditor for FY 2024-25 to 2028-29.
The authorised capital hike signals potential equity fundraising that could dilute existing shareholders, while the MOA amendment marks a significant strategic pivot into sports and digital content businesses. The dividend is minimal at ₹0.05 per share, offering little income appeal. Overall, the filings point to an ambitious diversification plan but with limited near-term financial reward for shareholders.