Filmcity Media Limited Allots 19 Lakh Equity Shares in Preferential Issue; Paid-up Capital Reaches Rs 4.95 Crore
Filmcity Media Limited has completed a preferential allotment of equity shares, increasing its paid up capital. The company's Board of Directors met to approve the issue, which saw a total of 19,00,000 equity shares allotted at an issue price of Re. 1/- per share.The Preferential Issue Committee of Filmcity Media Limited approved the allotment during a meeting held on Wednesday, July 22, 2026. The committee considered and sanctioned the issuance of 19,00,000 equity shares for cash, representing an aggregate amount up to Rs 1,90,00,000.
The allottees included members from both the Promoter & Promoter Group category and Non-Promoter entities. Details of the allotment are as follows:
| Allottee Name | Category | Number of Equity Shares Allotted |
|---|---|---|
| PMC Fincorp Limited | Promoter & Promoter Group | 70,00,000 |
| Puneet Arora | Non-Promoter | 95,00,000 |
| EPS Fin-Vest Private Limited | Non-Promoter | 25,00,000 |
The meeting of the Preferential Issue Committee commenced at 10:30 A.M. and concluded at 11:00 A.M.
Following the successful allotment, the Paid up Equity Share Capital of Filmcity Media Limited has increased to Rs 4,95,70,969. This capital comprises 4,95,70,969 equity shares, each having a face value of Re. 1/-.
Stock Price Movement
As of 10:14 am, Filmcity Media Ltd's shares are currently trading at ₹1.90, dipping down 1.55%. The stock is trading completely flat today, as its current price remains unchanged from both the intraday high and low points.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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