A novel dinucleating pentadentate Schiff base, resulting from the condensation of 2,6-diformyl-p-cresol and N-methyl-indolyl-3-thiohydrazide, and its Zn complex have been prepared and characterized on the basis of elemental analysis, IR, UV-Visible,1H NMR and13C NMR studies. The ligand is acyclic and consists of a phenolate head unit, with two inbuilt azomethine shoulders and two indole thiohydrazide arms forming SNONS coordinating sites. NMR and IR spectral studies show that the ligand exists in thioketo form. Each Zn ion in the dinuclear core is in tetrahedral environment with endogenous phenolate bridging and exogenous acetate bridging. The zinc complex in DMF exhibits fluorescence.