Zinema Media EGM Corrigendum; ₹18.3Cr Preferential Issue

Zinema Media issues Corrigendum I to EGM Notice, removing Mr. C.R. Vasudevan from the Item 1 preferential allottee list.
EGM on March 28, 2026 proposes preferential issue of 1.83 crore equity shares at ₹10 each, raising ₹18.30 crore for OTT and technology expansion.
EGM also seeks approval for 50 lakh sweat equity shares to two directors and acquisition of 60% stake in Beontyme Technologies via share swap.
Authorized share capital proposed to increase from ₹8 crore to ₹45 crore to support multiple concurrent share issuances.