Meeting Details

The 33rd Annual General Meeting (AGM) will be held on Thursday, September 17, 2026 at 4:00 PM IST through Video Conferencing/Other Audio Visual Means (VC/OAVM). The deemed venue is the Company's Registered Office at 352, Aggarwal Plaza, Plot No. 8, Kondli, East Delhi, New Delhi-110096.

Business to be Transacted

Ordinary Business:

1. Adoption of Audited Financial Statements: To receive, consider and adopt the Audited Financial Statements (including Consolidated Financial Statements) of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and Auditors thereon.

2. Appointment of Director: To appoint Mr. Sudhir Shukla (DIN: 01567595) as a Director, liable to retire by rotation, who retires by rotation and being eligible, offers himself for re-appointment.

Special Business:

3. Re-appointment of Independent Director: Special Resolution for re-appointment of Mr. Chandan Kumar Jain (DIN: 09605901) as an Independent Director for a second term of five consecutive years commencing from May 30, 2027 up to May 29, 2032.

4. Material Related Party Transaction with News24 Broadcast India Limited: Ordinary Resolution to approve transactions not exceeding ₹145 Crore for FY 2026-27.

5. Material Related Party Transaction with E24 Glamour Limited: Ordinary Resolution to approve transactions not exceeding ₹103 Crore for FY 2026-27.

6. Material Related Party Transaction with Skyline Tele Media Services Limited: Ordinary Resolution to approve transactions not exceeding ₹32 Crore for FY 2026-27.

7. Material Related Party Transaction with B.A.G. Live Entertainment Limited: Ordinary Resolution to approve transactions for FY 2026-27 (amount not specified in the resolution text).

8. Material Related Party Transaction between News24 Broadcast India Limited with B.A.G. Live Entertainment Limited: Ordinary Resolution to approve transactions not exceeding ₹70 Crore for FY 2026-27.

9. Material Related Party Transaction between News24 Broadcast India Limited with Skyline Tele Media Services Limited: Ordinary Resolution to approve transactions not exceeding ₹20 Crore for FY 2026-27.

10. Material Related Party Transaction between News24 Broadcast India Limited with B.A.G. Convergence Limited: Ordinary Resolution to approve transactions not exceeding ₹50 Crore for FY 2026-27.

11. Material Related Party Transaction between E24 Glamour Limited with B.A.G. Live Entertainment Limited: Ordinary Resolution to approve transactions not exceeding ₹30 Crore for FY 2026-27.

12. Material Related Party Transaction between E24 Glamour Limited with Skyline Tele Media Services Limited: Ordinary Resolution to approve transactions not exceeding ₹30 Crore for FY 2026-27.

13. Material Related Party Transaction between E24 Glamour Limited with B.A.G. Convergence Limited: Ordinary Resolution to approve transactions not exceeding ₹30 Crore for FY 2026-27.

Key Financial Figures and Transaction Details

Related Party Transaction Values (FY 2026-27):

  • BAG with News24: ₹145 Crore
  • BAG with E24: ₹103 Crore
  • BAG with STMSL: ₹32 Crore
  • BAG with BLEL: Not quantified in resolution
  • News24 with BLEL: ₹70 Crore
  • News24 with STMSL: ₹20 Crore
  • News24 with BCL: ₹50 Crore
  • E24 with BLEL: ₹30 Crore
  • E24 with STMSL: ₹30 Crore
  • E24 with BCL: ₹30 Crore

Previous Year Transactions (FY 2025-26):

  • BAG with News24: ₹18.34 Crore
  • BAG with E24: ₹4.86 Crore
  • BAG with STMSL: ₹0.18 Crore
  • BAG with BLEL: ₹18.34 Crore
  • News24 with BCL: ₹5.76 Crore
  • E24 with BLEL: ₹16.30 Crore

Current Year Transactions (Q1 FY 2026-27):

  • BAG with News24: ₹8.31 Crore
  • BAG with E24: ₹3.77 Crore
  • BAG with STMSL: ₹3.92 Crore
  • BAG with BLEL: ₹11.01 Crore
  • News24 with BLEL: ₹9 Crore
  • News24 with BCL: ₹9 Crore
  • E24 with BLEL: ₹0.39 Crore

Nature of Transactions:

The proposed transactions include services rendered/availed, providing/obtaining financial assistance, corporate guarantees, reimbursement/recovery of expenses, and subscription of securities. All transactions are stated to be in the ordinary course of business and on arm's length basis.

Director Details

Mr. Sudhir Shukla (DIN: 01567595)

  • Age: 66 years
  • Date of First Appointment: February 13, 2013
  • Qualification: Bachelor's degree in Commerce
  • Current Remuneration: ₹1,35,000 as sitting fees for FY 2025-26
  • Shareholding: 26,700 equity shares
  • Directorships: B.A.G. Live Entertainment Limited, Skyline Radio Network Limited, E24 Glamour Limited, Skyline Tele Media Services Limited, ARVR Communications Private Limited

Mr. Chandan Kumar Jain (DIN: 09605901)

  • Age: 66 years
  • Date of First Appointment: May 30, 2022
  • Qualification: Bachelor and Masters in Arts, Bachelor of Laws
  • Current Remuneration: ₹1,35,000 as sitting fees for FY 2025-26
  • Shareholding: Nil
  • Directorships: B.A.G. Convergence Limited, CA Infrastructures Private Limited

Voting and Shareholder Information

Cut-off Date

Thursday, September 10, 2026 for determining members eligible to vote

Register Closure

From Friday, September 11, 2026 to Thursday, September 17, 2026 (both days inclusive)

Remote E-voting Period

Commences on Sunday, September 13, 2026 at 9:00 AM IST and ends on Wednesday, September 16, 2026 at 5:00 PM IST through NSDL platform

Scrutinizer

M/s Balika Sharma & Associates, Practicing Company Secretary appointed as scrutinizer

Voting Restrictions

Related parties as defined under Regulation 23 of SEBI Listing Regulations shall not vote on Resolution Nos. 4 to 13

Compliance Information

The notice is issued in compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013
  • MCA General Circulars dated April 8, 2020, April 13, 2020, May 5, 2020, May 5, 2022 and September 22, 2025
  • SEBI Circular dated December 9, 2020 regarding e-voting facility
  • Secretarial Standard on General Meetings (SS-2)

Additional Notes

  • The Explanatory Statement pursuant to Section 102 of the Companies Act, 2013 provides detailed material facts concerning the special business
  • The Company has appointed NSDL as authorized agency to provide VC/OAVM facility & e-voting facility for the AGM
  • Members can join the meeting 15 minutes before scheduled time through NSDL e-voting website
  • The facility of participation at AGM through VC/OAVM will be available to at least 1,000 members on first come first served basis
  • Large shareholders (holding 2% or more), promoters, institutional investors, directors, KMPs, committee chairpersons, auditors etc. shall be allowed without restriction