Filmcity Media promoters have strengthened their control over the listed entity by acquiring a significant block of shares through a preferential issue. PMC Fincorp Limited, along with its designated persons acting in concert (PACs), received an allotment of 70,00,000 equity shares on July 22, 2026. This move elevates the promoter group’s aggregate stake in the company to 24.55%, signaling continued confidence from the controlling shareholders in the firm’s future prospects.

The acquisition was disclosed to BSE Limited on July 24, 2026, pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that the shares were allotted on a preferential basis, with each share carrying a face value of Re. 1/-. The disclosure was signed by Raj Kumar Modi, Managing Director of PMC Fincorp Limited, and submitted to the exchange’s listing operations department in Mumbai.

Prior to this transaction, PMC Fincorp Limited held 23,65,000 shares, representing 7.74% of the total voting capital. The associated PACs — comprising Bimla Ramkishore Gupta, RRP Management Services Private Limited, and Prabhat Management Services Private Limited — collectively held 28,05,275 shares, or 9.18%. Together, the promoter group controlled 16.91% of the company’s equity before the new issuance.

The preferential allotment increased PMC Fincorp’s individual stake to 93,65,000 shares, now accounting for 18.89% of the total voting capital. While the PACs’ share count remained unchanged at 28,05,275, their percentage holding diluted to 5.66% due to the expansion of the company’s share base. No encumbrances, warrants, or other convertible instruments were involved in this transaction.

Capital Structure Impact

The issuance significantly altered Filmcity Media’s equity capital structure. Before the allotment, the company’s total equity share capital stood at ₹3,05,70,969, comprising 3,05,70,969 equity shares. Following the addition of 70,00,000 new shares, the total equity capital rose to ₹4,95,70,969, with the total number of shares increasing to 4,95,70,969. The total diluted share/voting capital remains identical to the post-acquisition equity capital at ₹4,95,70,969, indicating no outstanding convertible securities that would further dilute ownership.

What the Numbers Show

The preferential issue represents a substantial injection of promoter confidence, as the acquirers chose to increase their absolute share count rather than merely maintaining their percentage stake. By acquiring 70,00,000 shares, PMC Fincorp alone more than tripled its initial holding. The fact that the entire block was allotted to the promoter group, rather than being offered to external investors, suggests a strategic move to consolidate control without diluting existing promoter influence proportionally. The absence of any encumbrances on these newly acquired shares further indicates a clean, long-term investment stance by the promoters.

Filmcity Media has clarified the objects of its proposed preferential issue and extended the timeline for loan repayment to September 30, 2026. The Preferential Issue Committee, in its meeting on July 01, 2026, approved these changes to align with the company’s amended Memorandum of Association and pending regulatory approvals.

The company specified that the utilization of proceeds towards the “Expansion of Business Operations into the domain of Financing and Investment Consulting” will now be read as “Setting up and commencement of a New Business Venture into the domain of Financing and Investment consulting.” This clarification ensures alignment with the amended Object Clause of the Memorandum of Association of Filmcity Media.

Additionally, the timeline for utilizing proceeds under the object “Repayment of Loan availed from Promoter & Promoter Group” has been revised. The original deadline of June 30, 2026, disclosed in the Notice of Postal Ballot, has been extended to September 30, 2026. This extension is due to the pending receipt of the In-Principle Approval for the proposed preferential issue.

All other particulars and details in the Notice of Postal Ballot remain unchanged. The company had previously informed the exchange about the Board Meeting Outcome on March 13, 2026, and the Committee Meeting Outcome on March 16, 2026, in relation to the Postal Ballot Meeting held on April 15, 2026.

The disclosures were made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Raksha Kumari, Company Secretary & Compliance Officer, signed the filing on behalf of Filmcity Media.