Filmcity Media's Preferential Issue Committee has approved clarifications regarding the use of funds from its proposed Preferential Issue. The object for "Expansion of Business Operations into Financing and Investment Consulting" is now specified as "Setting up and commencement of a New Business Venture." Furthermore, the timeline for utilizing proceeds to repay promoter loans has been extended to September 30, 2026, from the earlier June 30, 2026, due to the preferential issue awaiting necessary approvals. This provides shareholders clearer insights into the company's fund utilization strategy and updated timelines.