The agenda for the board meeting includes:
1. Consideration and approval of a proposal for the issue and allotment of up to 24,99,000 Equity Shares of the Company. Each share has a face value of Rs. 10/-.
2. The shares are to be issued to the Unsecured Financial Creditors of M/s. Premier Futsal Management Private Limited (PFMPL) by way of a Preferential Issue on a Private Placement basis.
3. The issuance is towards the settlement amount of these creditors and is being undertaken pursuant to and as part of the implementation of the Resolution Plan of PFMPL.
4. This action is in compliance with an order passed by the Hon'ble National Company Law Tribunal, Division Bench-I, Chennai dated December 19, 2024.
5. The proposed Issue is subject to applicable law and requisite approvals, including approval from the shareholders of the Company, and any necessary Government, Regulatory, or Statutory approvals.
6. The Board will also decide on convening a General Meeting to seek necessary approvals from the Shareholders for the Issue.
The company has also announced a closure of the trading window for dealing in its securities for all designated persons and insiders. The closure period began on September 03, 2026 and will continue until 48 hours after the conclusion of the board meeting, which is up to Thursday, September 10, 2026.
This information is available on the company's website at www.zinema.co.in.