Thinkink Picturez Ltd. to Consider Stock Split, Bonus Issue

Thinkink Picturez Limited, a leading player in the global entertainment industry, has announced that its board will meet on March 01, 2024 to consider a proposal for the sub-division of the Company’s equity shares of face value of Rs 5 each, subject to the approval of the shareholders and relevant regulatory authorities.

The Board will also consider the issuance of bonus shares to the existing shareholders of the Company in a ratio to be determined, subject to necessary approvals. Further, the board will consider declaring a dividend of up to Rs. 3 per share, reflecting the company’s strong financial performance and commitment to returning value to shareholders.

Earlier, the company announced its strategic expansion into the international market with the establishment of a state-of-the-art VFX & OTT Platform company in the United Arab Emirates (UAE). This significant move marks a pivotal milestone in the company’s journey as it ventures into new business opportunities in the field of VFX and post-production, while also venturing into the realm of Over-The-Top (OTT) content distribution.

ThinkInk’s movie – “Vicky Vidya Ka Woh Wala Video” filming has begun. It is expected to be a great hit like Dream Girl. Earlier last year, the company had announced several films such as “Ramlali”, “Googly”, Quack Shambhu“, etc. With a steadfast commitment to delivering top-notch cinematic experiences, Thinkink Picturez Limited’s decision to expand into the UAE aligns perfectly with its vision for global expansion and diversification. The UAE’s strategic location, world-class infrastructure, and burgeoning entertainment industry make it the ideal hub for the company’s international operations.