Filmcity Media raises ₹1.9 crore in 2026 preferential issue

Preferential allotment lifts paid-up capital

Filmcity Media Limited has completed a preferential allotment of equity shares, increasing its paid-up equity share capital to ₹4,95,70,969. The company said the post-allotment capital comprises 4,95,70,969 equity shares with a face value of Re 1 each. The preferential issue was approved by the company’s Preferential Issue Committee, a committee of the Board of Directors.

The issue price was set at Re 1 per share, and the aggregate funds raised were stated as ₹1.90 crore. The allotment involved both the Promoter and Promoter Group category and non-promoter entities. Filmcity Media trades under the ticker FILME and is listed on the BSE.

What the committee approved on July 22, 2026

The company disclosed that its Preferential Issue Committee met on Wednesday, July 22, 2026, to approve the allotment. The meeting started at 10:30 a.m. and ended at 11:00 a.m. As per the disclosure, the committee approved the issuance of equity shares for cash at Re 1 each.

One part of the provided text references an allotment of 19,00,000 equity shares, while the allottee table, aggregate amount (₹1,90,00,000), and multiple other disclosures in the same material refer to 1,90,00,000 equity shares. The same set of details also states the post-allotment paid-up capital and total outstanding shares as 4,95,70,969.

Allotment size, issue price, and proceeds

Across the disclosures, the preferential issue is described as a fundraise of ₹1.90 crore through equity shares issued at Re 1 per share. The material also describes the transaction as a private placement with gross proceeds of INR 19,000,000, which equals ₹1.90 crore.

The preferential issue participants comprised one promoter group entity and two non-promoter investors. The disclosed investment amounts were ₹0.70 crore from PMC Fincorp Limited, ₹0.95 crore from Puneet Arora, and ₹0.25 crore from EPS Fin-Vest Private Limited, totaling ₹1.90 crore.

Who received shares: promoter group and non-promoters

The final allotment structure listed three allottees, with the bulk of shares going to a non-promoter individual investor. The breakdown below is as provided in the disclosure material.

Paid-up capital and shareholding changes outlined

Following the allotment, Filmcity Media’s paid-up equity share capital was reported at ₹4,95,70,969, representing 4,95,70,969 shares of Re 1 each. The same material also states that paid-up capital would expand from ₹3,05,70,969 to ₹4,95,70,969 after the preferential issue.

It also states that promoter shareholding would increase from 16.91% to 24.55% post-preferential issue. Separately, it notes that promoters’ holding remained unchanged at 16.91% in the Jun 2025 quarter, and institutional investors’ holding remained unchanged at 0.00% in the Jun 2025 quarter.

Objects of the issue: financing and investment consulting

Filmcity Media’s Preferential Issue Committee also approved clarifications regarding the objects of the proposed preferential issue. The company said it will set up a new business venture in financing and investment consulting, aligned with its amended Memorandum of Association.

In addition, the company extended the timeline for utilising proceeds towards repayment of loans from promoters. The revised end date was moved from June 30, 2026, to September 30, 2026, with the disclosure noting the change was pending in-principle approval for the issue. All other details were stated to remain unchanged.

Earlier approvals and the March 2026 timeline

The disclosure material references earlier steps around March 2026. It states that the company announced a private placement for gross proceeds of INR 19,000,000 on March 13, 2026, with participation from PMC Fincorp Limited (INR 7,000,000), EPS Fin-Vest Private Limited (INR 2,500,000), and Puneet Arora (INR 9,500,000).

Another committee meeting was reported on March 16, 2026, beginning at 2:00 p.m. and concluding at 2:30 p.m., where the issuance of up to 1,90,00,000 equity shares at Re 1 per share was approved. The same set of details also mentions that for pricing under SEBI ICDR Regulations, the “Relevant Date” for determining the minimum issue price was Monday, March 16, 2026.

Postal ballot proposals and shareholder voting window

Filmcity Media also announced a postal ballot for shareholders to vote on three resolutions between March 17 and April 15, 2026. The proposals included altering the main object clause to expand into real estate development and financial services, appointing Mr. Prabhat Modi as Non-Executive Director, and issuing 1,90,00,000 equity shares at Re 1 per share to raise ₹1,90,00,000 through preferential allotment to the three named allottees.

The remote e-voting window was stated to open at 9:00 a.m. IST on Tuesday, March 17, 2026, and close at 5:00 p.m. IST on Wednesday, April 15, 2026. Results were scheduled to be announced by Friday, April 17, 2026, and communicated to BSE and uploaded on the company’s website.

Stock move and other market disclosures

In trading commentary included in the material, Filmcity Media shares were quoted at ₹1.90 at 10:14 a.m., down 1.55%. The same note said the stock was “trading completely flat” for the day as the current price was unchanged from the intraday high and low.

Separately, the disclosure set also noted that Visagar Financial Services Limited disposed of 6.15 lakh shares, representing a 2.01% stake, through open market transactions between May 12 and June 16, 2026. After the sale, Visagar’s total holding was reported to have reduced to 11.49%.

Key facts at a glance

Why this matters for investors

At Re 1 per share, the preferential allotment expands Filmcity Media’s equity base and changes the ownership mix as stated in the company’s material. The disclosed shift in promoter shareholding from 16.91% to 24.55% post-issue is a key datapoint for investors tracking control and promoter alignment.

The clarified use of proceeds is also relevant. The company has linked the issue to setting up a financing and investment consulting venture aligned with its amended Memorandum of Association, and it has extended the repayment timeline for promoter loans to September 30, 2026. Investors typically track these timelines because they affect the pace at which stated objectives translate into balance-sheet changes.

Conclusion

Filmcity Media’s disclosures indicate it has completed a preferential issue raising ₹1.90 crore at Re 1 per share, with 1,90,00,000 shares allotted to three identified allottees and paid-up capital rising to ₹4,95,70,969. The company has also updated the stated objects to include a financing and investment consulting venture and extended the loan repayment timeline to September 30, 2026. The next formal updates, as indicated in the material, are linked to regulatory and in-principle approvals and the company’s scheduled disclosures to the BSE.