Zinema Media And Entertainment Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/03/2026 ,inter alia, to consider and approve Preferential ....
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▲ 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 has called a board meeting on March 2, 2026 to consider raising up to Rs. 14.8 crore by issuing 1.48 crore equity shares on a preferential basis at Rs. 10 per share (at par, since the face value is also Rs. 10). The board will also consider acquiring up to 60% equity stake in M/s Beontyme Technologies Private Limited through a share swap, by issuing 6,000 equity shares of the company. An Extraordinary General Meeting (EGM) will be convened to seek shareholder approval for both the preferential issue and the acquisition. All proposals remain subject to shareholder approval and applicable SEBI and Companies Act provisions.
The preferential issue at par (no premium) of 1.48 crore shares will be dilutive for existing shareholders if approved. The bulk of the funds (cash component) and the share-swap acquisition of Beontyme Technologies signal an expansion move, but investors should watch for the identities of the allottee(s) and pricing details in the final disclosures before drawing conclusions.