42nd AGM: all resolutions passed; shareholders approve preferential issue of up to 24,99,000 shares

42nd AGM of Zinema Media and Entertainment was held on September 30, 2026.

Thu 1 Oct 2026

Total shares on record date

71,14,500

Votes polled

28,06,500 votes polled out of 71,14,500 shares (39.4476%)

Votes in favour / against

28,06,500 votes in favour, 0 against

Promoter holding

Promoters held 14,84,830 shares; public non-institutions 56,29,670

Preferential issue approved

up to 24,99,000 equity shares at INR 10/- each aggregating up to INR 2,49,90,000

Zinema Media and Entertainment has shared the voting results of its 42nd Annual General Meeting, held on Wednesday, September 30, 2026, along with the Consolidated Scrutinizer's Report. The update states that all the resolutions were passed with requisite majority.

How the voting went

• Total shares on the record date: 71,14,500
• Total votes polled: 28,06,500, or 39.4476% of shares outstanding
• Votes in favour: 28,06,500; votes against: 0 — that is 100.0000% of votes polled in favour
• Promoter and promoter group: held 14,84,830 shares and voted 14,84,830 (100.0000% of that holding)
• Public - Non Institutions: held 56,29,670 shares and polled 13,21,670 votes, i.e. 23.4769% of that holding
• 155 shareholders were on the record date; 3 promoter group and 8 public shareholders attended the meeting in person or through proxy; video conferencing attendance was shown as Not applicable
• No shares were held or voted under the Public - Institutions category

What the shareholders approved

The ordinary resolutions covered adoption of the audited standalone and audited consolidated financial statements for the financial year ended March 31, 2026, re-appointment of Mr. Baskaran Sathya Prakash (DIN: 01786634) as a director retiring by rotation, appointment of M/s. Patni Mandhana & Associates, Chartered Accountants (FRN 152125W) as Statutory Auditors, and an increase in the Authorised Share Capital together with alteration of the Capital Clause of the Memorandum of Association.

The special resolutions were

• To create, offer, issue and allot up to 24,99,000 equity shares of face value INR 10/- each at an issue price of INR 10/- each, aggregating up to INR 2,49,90,000, to allottees in the Non-Promoter category on a private placement and preferential basis, in compliance with the order passed by the Hon'ble National Company Law Tribunal dated December 19, 2024
• Approval for giving loans, providing guarantees and securities and/or making investments under Section 186 of the Companies Act, 2013
• Approval of borrowing powers under Section 180(1)(c) of the Companies Act, 2013
• Creation of security on the properties of the company, both present and future, under Section 180(1)(a) of the Companies Act, 2013

What a retail investor may note

This is a voting-outcome update rather than a fresh set of financial results. Every resolution on the agenda was carried, and no votes were recorded against any of them. The preferential issue resolution allows the company to issue up to 24,99,000 new equity shares at par, for an aggregate amount of up to INR 2,49,90,000, to the Non-Promoter category. The other special resolutions give the board approval for borrowing, for loans, guarantees and investments, and for creating security on the company's properties.

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