Sungold Media and Entertainment Limited disclosed the outcomes of its Board of Directors meeting held on June 5, 2026, at the company's registered office in Rajpipla, Gujarat. The meeting was conducted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board considered and approved the following items:

  • The Board of Directors Report and its Annexure for the financial year 2025-2026
  • To hold the 31st Annual General Meeting (AGM) of the Company on Tuesday, June 30, 2026, at 11:00 AM at the registered office of the company at 102, 1st Floor, 36 Shri Rang Residency, Vadia, Rajpipla, Narmada, Gujarat-393145
  • Approved the Notice for Convening the 31st Annual General Meeting of the Company
  • Fixed Tuesday, June 23, 2026 as the "Cut-off Date" for determining eligibility of Members for voting electronically as well as at the Annual General Meeting
  • Set the date of book closure for the purpose of ensuing AGM from Wednesday, June 24, 2026 to Tuesday, June 30, 2026 (both days inclusive)
  • Appointment of M/s Vineeta Patel & Co., Practicing Company Secretaries, Mumbai (COP No: 19111 and M. No: ACS 37699) as Scrutinizer for the ensuing 31st Annual General Meeting
  • Appointment of NSDL as the E-Voting Platform for the 31st Annual General Meeting
  • Appointment of Mr. Amit Kotia as the Chief Financial Officer of the Company with effect from June 5, 2026, as recommended by the Nomination and Remuneration Committee and approved by the Board of Directors
  • The Management Discussion and Analysis Report for the financial year ended March 31, 2026

Detailed CFO Appointment Information

Mr. Amit Kotia was appointed as Chief Financial Officer effective June 5, 2026. His brief profile includes:

  • Holds a Bachelor of Arts (B.A.) degree in Economics from Gujarat University
  • Brings over 46 years of extensive professional experience across multiple business domains
  • Has vast experience in property development, administration, fund raising, and marketing
  • Holds good experience in placement in mutual funds and attracting foreign investments
  • Has expertise in raising funds at minimum cost
  • Has keen interest in real estate properties

Relationships with Promoters

Mr. Amit Kotia has the following relationships with company promoters:

  • His son Mr. Daiv Kotia is in the Promoter group holding 2.45% shares
  • His brother Mr. Rajiv Kotia is a Promoter holding 4.94% shares
  • His nephew Mr. Raj Kotia is Chairman & Managing Director and Promoter holding 48.02% shares
  • His niece Ms. Saloni Kotia is in the Promoter group holding 2.45% shares

The Board Meeting commenced at 11:30 AM and concluded at 12:15 PM on June 5, 2026.

The disclosure includes Annexure A providing details as required under Regulation 30 and Schedule III of SEBI (LODR) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.