Thinkink Picturez has issued an official notice to BSE Limited regarding its Extraordinary General Meeting scheduled for May 8, 2026, to seek shareholder approval for raising up to $700 million through Foreign Currency Convertible Bonds. The company's board meeting held on April 10, 2026, formalized key decisions regarding this significant capital raising initiative, as disclosed under Regulation 30 of SEBI listing regulations.

Official EGM Notice and Timeline

The company formally notified BSE Limited on April 15, 2026, about the upcoming EGM scheduled for May 8, 2026, at 12:00 PM in physical mode at the corporate office in Ahmedabad, Gujarat. The board has fixed May 1, 2026, as the cut-off date to determine voting rights entitlement for members opting for e-voting. The notice, along with explanatory statements pursuant to Section 102 of the Companies Act, 2013, is available on the company's website at thinkinkpicturez.in.

Newspaper Advertisement and Regulatory Compliance

On April 16, 2026, Thinkink Picturez published newspaper advertisements in Pratahkal (Marathi) and Financial Express (English) intimating the First Extra-Ordinary General Meeting for Financial Year 2026-27. The advertisement was submitted to BSE Limited under Regulation 30 of SEBI Listing Regulations, demonstrating the company's commitment to comprehensive regulatory compliance and transparent shareholder communication.

FCCB Issuance Structure and Objectives

The proposed FCCB issuance aims to raise up to $700 million through optionally convertible bonds denominated in US dollars or equivalent amounts in Indian rupees or other currencies. The FCCBs will be issued through international private placement to eligible investors, whether existing shareholders or not. The proceeds are intended for expanding natural stone mining operations internationally, strengthening global operations, establishing overseas market presence, enhancing international market penetration, and supporting long-term strategic expansion initiatives.

Enhanced Financial Limits and Investment Powers

The EGM will also seek approval for substantially increased borrowing limits to ₹10,000 crores under Section 180(1)(c) of the Companies Act, 2013. Additionally, the company proposes to enhance its capacity to provide loans, guarantees, securities, and investments up to ₹1,000 crores, exceeding prescribed limits under Section 186 of the Companies Act, 2013. These proposals require shareholder approval through special resolutions.

FCCB Committee Constitution and Governance

The board has constituted an FCCB Committee to oversee all aspects of the bond issuance, including structuring, pricing, documentation, and execution. The committee is authorized to appoint intermediaries such as merchant bankers, legal advisors, and consultants, and to approve and execute all necessary agreements and documents. The committee can also delegate powers to directors or officers as deemed appropriate for efficient execution.

Shareholder Voting and Documentation

The company has implemented comprehensive e-voting facilities through NSDL for the EGM, with remote e-voting available from May 5, 2026, at 9:00 AM to May 7, 2026, at 5:00 PM. Mrs. Shubhangi Rajkumar Agarwal has been appointed as scrutinizer for conducting the voting process. The issuance is subject to compliance with various regulations including SEBI ICDR Regulations, FEMA provisions, and other applicable statutory requirements.

Thinkink picturez Limited has fulfilled its quarterly regulatory obligations by submitting the required compliance certificate under SEBI regulations for the quarter ended March 31, 2026. The submission was made to BSE Limited on April 14, 2026, as part of the company's ongoing compliance framework.

Regulatory Compliance Details

The certificate pertains to Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This regulation requires companies to report on dematerialization activities of their securities on a quarterly basis.

Certificate Confirmation

Skyline Financial Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the confirmation certificate dated April 2, 2026. The certificate specifically states that no physical share certificates were received for dematerialization of equity shares during the reporting quarter.

The certificate was signed by Parveen Sharma, Authorised Signatory of Skyline Financial Services Private Limited, and subsequently endorsed by Vijay G Pujara, Managing Director of Thinkink Picturez Limited (DIN: 08203972).

Corporate Information

Thinkink Picturez Limited maintains its registered office at 8/71 Anjali Bungalow, Jankidevi Public School Road, SV Patel Nagar, Mhada, Andheri (West), Mumbai - 400053, Maharashtra. The company's corporate office is located in Ahmedabad, Gujarat.

Compliance Significance

This quarterly submission reflects the company's adherence to SEBI's regulatory framework governing depositories and participants. The confirmation that no physical certificates were received for dematerialization during the quarter indicates stable electronic holding patterns among shareholders, which is consistent with the broader market trend toward complete dematerialization of securities.