Company Update

Zinema Media & Entertainment Limited held an Extraordinary General Meeting through video conferencing where shareholders approved key decisions including an increase in authorized share capital, amendment to the object clause related to sports activities, and appointment of two independent directors for five years.

The designation of Dinesh Raj was changed to Joint Managing Director.

Special approvals included issuance of equity shares on a preferential basis, sweat equity allotment to promoters, and acquisitions of Premier Futsal Management Private Limited and a majority stake in Bontyme Technologies Private Limited.

Additionally, 1 lakh equity shares were allotted to Tulsea Media Private Limited for consulting services, all passed with requisite majority.