3B Films Ltd Increases Authorized Capital and Approves Rights Issue in Board Meeting

3B Films Ltd Increases Authorized Capital and Approves Rights Issue in Board Meeting​

3B Films Ltd, formerly known as 3B Films Private Limited, announced several key resolutions following a meeting of its Board of Directors held on July 2, 2026. The company approved a significant increase in its authorized share capital and formalized the groundwork for an upcoming rights issue aimed at existing shareholders.

The Board reviewed and ratified the Director’s Report for the fiscal year ended March 31, 2026. Furthermore, the Directors decided that the company's 12th Annual General Meeting (AGM) will be held on Saturday, August 8, 2026, at 3:30 P.M. The AGM is scheduled to take place at the company’s corporate office located in Vadodara.

Major Increase in Authorized Capital​

A central approval during the meeting was the decision to alter and increase the Authorized Share Capital of the Company. Previously, the authorized capital stood at Rs. 52,00,00,000, represented by 5,20,00,000 Equity Shares of Rs. 10 each. The new authorized capital has been increased to Rs. 1,25,00,00,000, corresponding to 12,50,00,000 Equity Shares, also priced at Rs. 10 per share. This change is subject to approval by the shareholders at the ensuing Annual General Meeting.

Rights Issue and Governance Approvals​

The Board of Directors approved the issuance of equity shares on a rights basis for an amount not exceeding 10,000 lakhs. A dedicated Rights Issue Committee has been constituted to oversee all aspects related to this proposed issue. The company also approved the Draft Letter of Offer (DLOF) concerning the Rights Issue and approved the appointment of necessary intermediaries related to the transaction.

In connection with the rights issue, the details concerning the type of securities and issuance are as follows:

AGM and Voting Details​

The Board of Directors confirmed that the Register of Members and Share Transfer Books will be closed from Sunday, August 2, 2026, through Saturday, August 8, 2026, for the purpose of the Annual General Meeting.

Investor voting procedures are scheduled as follows:

• E-voting Period: Wednesday, August 5, 2026, at 9:00 A.M. to Friday, August 7, 2026, at 5:00 P.M.
• E-voting Cut-off Date: Saturday, August 1, 2026.

The Board has appointed M/s K H Rao & Co, a practicing Company Secretary, to serve as the Scrutinizer for conducting both the e-voting process and the ballot voting during the Annual General Meeting.

Stock Price Movement​

3B Films Ltd settled at ₹17.16 on Wednesday, climbing 4.95% as the shares edged higher in the market. The equity moved within an intraday range spanning from a low of ₹15.55 to its high of ₹17.16.