Zinema Media & Entertainment Limited shareholders approved a proposal to issue up to 24.99 lakh equity shares at par value during the company's 42nd Annual General Meeting held on September 30, 2026.

The meeting, conducted at the registered office in Chennai, resolved to allot these shares at an issue price of ₹10 per share, aggregating to ₹2.49 crore. This issuance is targeted at non-promoter category allottees on a private placement and preferential basis, complying with a National Company Law Tribunal order dated December 19, 2024.

Key Resolutions Passed

The AGM addressed both ordinary and special business items, including financial adoption and governance changes. The following key resolutions were passed:

• Adoption of audited standalone and consolidated financial statements for FY26.
• Appointment of M/s. Patni Mandhana & Associates as Statutory Auditors.
• Re-appointment of Baskaran Sathya Prakash as Managing Director.
• Increase in authorised share capital and alteration of the Memorandum of Association.
• Approval for borrowing powers and creation of security on company properties under Sections 180 and 186 of the Companies Act, 2013.

Governance and Leadership Updates

Baskaran Sathya Prakash, who also served as the Chairman for the meeting, was re-appointed as Managing Director via a special resolution. He also retired by rotation and was re-appointed as a director through an ordinary resolution. The meeting commenced at 3:00 pm and concluded at 3:50 pm, including time for the ballot process.

What the Numbers Show

The proposed capital raise of ₹2.49 crore is relatively modest compared to typical institutional rounds, suggesting a strategic or operational liquidity need rather than large-scale expansion funding. The specific reference to a NCLT order indicates that this preferential allotment may be part of a restructuring or settlement process mandated by the tribunal, rather than a standard growth-oriented capital infusion.

Zinema Media & Entertainment Limited will close its trading window for dealing in securities starting Thursday, October 1, 2026. The restriction applies to Designated Persons, their Immediate Relatives, and other Insiders under the company's Code of Conduct.

The closure is mandated pursuant to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended. It remains in effect until 48 hours after the declaration of the Unaudited Financial Results (Standalone & Consolidated) for the half year ended September 30, 2026.

Board meeting date to be intimated

The company stated that the specific date of the Board Meeting to consider and approve these financial results will be communicated in due course. This notice serves as an intimation to the Listing Department of BSE Limited regarding the temporary suspension of trading by insiders.

Compliance details

• Effective Date: October 1, 2026
• End Condition: 48 hours post-declaration of results
• Regulatory Basis: SEBI (PIT) Regulations, 2015
• Reporting Period: Half year ended September 30, 2026

The information has been made available on the company's official website. Baskaran Sathya Prakash, Managing Director, signed the communication dated September 29, 2026.