ReferIndia News Shemaroo Entertainment Announces Postal Ballot for Preferential Share Allotment to Promoters

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Shemaroo Entertainment Announces Postal Ballot for Preferential Share Allotment to Promoters

Published on: Feb. 11, 2026, 6:04 p.m. | Source: scanx.trade

Shemaroo Entertainment Limited has announced a postal ballot for preferential allotment of 14,10,000 equity shares to promoters and promoter group at Rs. 110/- per share for Rs. 15,51,00,000/- aggregate consideration. The e-voting period runs from February 12 to March 13, 2026, with results expected by March 17, 2026. The issue aims to convert existing unsecured loans into equity, strengthening the company's financial position without actual cash flow.

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