Phantom Digital Effects Ltd

Phantom Digital Effects Board Meeting Outcome

Phantom Digital Effects Limited approved a ₹115.70 Crore fund raise through the issuance of Compulsorily Convertible Debentures (CCDs) to Zee Entertainment Enterprises Limited. The board also approved increasing the authorized share capital to ₹30 Crore. The funds will support business expansion, capital expenditure, and working capital requirements for its UK subsidiary.

Value

₹115.7 Cr

Execution

18 months

Phantom Digital Effects Board Meeting Outcome

Phantom Digital Effects Limited has scheduled a Board Meeting for April 17, 2026. The agenda includes proposals for fundraising through a preferential issue and an increase in authorized share capital. Trading window for company securities is closed with immediate effect until 48 hours after the meeting concludes.