Thinkink Picturez Limited disclosed the outcomes of its Board of Directors meeting held on September 1, 2026 (4:00 PM to 6:00 PM IST). The board approved several key resolutions:

1. Fundraising via Foreign Currency Convertible Bonds (FCCBs)

The Board approved raising funds through the issuance of Foreign Currency Convertible Bonds (FCCBs) for an aggregate amount of up to USD 700 Million (US Dollars Seven Hundred Million Only) or its equivalent in Indian rupees or other currencies. This issuance is subject to shareholder approval and necessary regulatory approvals. The Board authorized the FCCB Committee to finalize terms and conditions and undertake all necessary actions related to the issuance.

Annexure A Details:

  • Type of securities: Foreign Currency Convertible Bonds (FCCBs)
  • Type of issuance: International offering on a private placement basis
  • Total amount: Up to USD 700 Million
  • Listing exchange: To be decided by the Board of Directors
  • Conversion terms: FCCBs are optionally convertible bonds; bondholders can convert them, in whole or in part, into equity shares of the Company (subject to adjustments)
  • Allotment date, maturity tenure, and coupon: To be mutually decided between the Company and proposed investors, subject to approvals
  • Issue price: To be mutually decided between the Company and proposed investors, subject to approvals
  • Default history: No defaults in payment of coupon on FCCBs

2. Increase in Borrowing Limit

The Board approved increasing the borrowing limits of the Company pursuant to Section 180(1)(c) of the Companies Act, 2013, to ₹10,000,00,00,000 (Rupees Ten Thousand Crores Only), subject to shareholder approval.

3. Loans, Guarantees, Securities, and Investments

The Board approved giving loan(s), providing guarantee(s), providing security(ies), and/or making investment(s) up to ₹1,000 crore (Rupees One Thousand Crores Only), which exceeds prescribed limits under Section 186 of the Companies Act, 2013. This approval is subject to shareholder approval via Special Resolution in the ensuing General Meeting.

4. 18th Annual General Meeting

The 18th Annual General Meeting of members will be held on Tuesday, September 29, 2026, at 11:00 AM IST through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) in accordance with MCA and SEBI circulars.

5. AGM Documentation and Record Dates

The Board approved the draft Notice of the 18th AGM along with the Explanatory Statement, Director's Report with annexures, and Management Discussion & Analysis (MDA) report for FY ended March 31, 2026. The Board also fixed the record date/book closure date and remote e-voting date for the AGM.

6. Appointment of Secretarial Auditor

Pursuant to Section 204 of the Companies Act, 2013 and Regulation 24A of SEBI (LODR) Regulations, 2015, the Board approved the appointment of Mrs. Shubhangi Rajkumar Agarwal, Practicing Company Secretaries (Membership No. A63219, Certificate No. 23802, Peer Review Certificate No.: 6120/2024) as Secretarial Auditor for FY 2026-27 to 2030-2031, subject to member approval.

Annexure B Details (Secretarial Auditor Profile):

  • Membership: ACS/Membership No. 63219
  • Certificate of Practice No.: 23802
  • Peer Review Certificate No.: 6120/2024
  • Address: A-1310, Titanium Business Park, Near Makarba Underpass, Makarba, Ahmedabad-380051
  • Specialization: Secretarial Audits, Corporate Governance, SEBI & Listing Compliances, Scrutinizer assignments, Preferential Issue certifications, regulatory advisory under Companies Act, 2013
  • Professional Standing: Peer-reviewed practicing professional with extensive experience serving as Secretarial Auditor and Scrutinizer across listed and public entities

7. Appointment of Scrutinizer

The Board appointed Mrs. Shubhangi Rajkumar Agarwal, Practicing Company Secretaries (same credentials as above) as Scrutinizer to conduct remote e-voting and e-voting process at the AGM in a fair and transparent manner.

Disclosure Reference: Made under Regulation 30 (Part A of Schedule III) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with additional details per SEBI circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.