3B Films Ltd — Important, 30-05-2026: Company Update

3B Films' board approved financial results for the quarter and financial year ending March 31, 2026. The company plans to acquire 99.99% of 3B Flexipacks Private Limited for 26.02 Cr via a share swap, integrating its packaging operations and making it a wholly-owned subsidiary. The board also approved increasing authorized share capital to 27 Cr and converting unsecured loans into 1.34 Cr equity shares at Rs 20.39 each. Additionally, an independent director resigned, and the company will establish a wholly-owned subsidiary in the UAE. These strategic moves require shareholder approval at an Extra-Ordinary General Meeting on June 27.