Key Quantitative Figures

  • Total Income: ₹25.60 lakh (FY 2025-26) vs. ₹0.00 lakh (FY 2024-25)
  • Total Expenditure: ₹14.13 lakh (FY 2025-26) vs. ₹11.75 lakh (FY 2024-25)
  • Profit/(Loss) Before Tax: ₹11.48 lakh profit (FY 2025-26) vs. ₹(11.75) lakh loss (FY 2024-25)
  • Net Profit/(Loss) after Tax: ₹11.48 lakh (FY 2025-26) vs. ₹(11.75) lakh (FY 2024-25)
  • Paid-up Share Capital: ₹3,488.00 lakh (34,880,000 equity shares of ₹10 each fully paid-up)
  • Other Equity: ₹(1,895.99) lakh
  • Cash and Cash Equivalents: ₹1.53 lakh
  • Source of Profit: Other Income of ₹25.60 lakh, comprising 'Excess Provision of GST Written Back'.
  • Earnings Per Share (Basic & Diluted): ₹0.03

Dates of Action

  • AGM Date: Thursday, 24th September 2026 at 03:00 PM IST
  • AGM Mode: Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Book Closure: 18th September 2026 (Friday) to 24th September 2026 (Thursday) (both dates inclusive)
  • Cut-off Date for E-voting & AGM eligibility: 17th September 2026 (Thursday)
  • Remote E-voting Period: 21st September 2026 (09:00 AM) to 23rd September 2026 (05:00 PM)
  • Financial Year Ended: 31st March 2026
  • Director's Report Signed on: 14th August 2026

Parties Involved

  • Stock Exchange: BSE Limited
  • Registrar & Share Transfer Agent (RTA): MUFG Intime India Pvt Ltd
  • Statutory Auditors: M/s. B M Gattani & Co. (FRN: 113536W)
  • Internal Auditors: M/s. Abhishek R Jain & Co.
  • Secretarial Auditors: Mr. Suprabhat Chakraborty, Practicing Company Secretary
  • Scrutinizer for E-voting: M/s. Suprabhat & Co, Practicing Company Secretaries
  • Bankers: Axis Bank Limited, Bank of Baroda, Indusind Bank Limited

Board of Directors

  • Mr. Shantanu Sheorey (DIN: 00443703) - Whole-time Director (Retiring by rotation, seeking re-appointment)
  • Mr. Cyrus Bhot (DIN: 00443874) - Director & CFO
  • Mrs. Preeti Doshi (DIN: 07741542) - Independent Director
  • Mrs. Poojaben Parekh (DIN: 11276678) - Independent Director (Re-appointed w.e.f. 02.09.2025 for 5 years)
  • Mr. Pankaj Jain (DIN: 11114458) - Independent Director (Re-appointed w.e.f. 02.09.2025 for 5 years)
  • Company Secretary & Compliance Officer: Mr. Nisarg Amit Kumar Shah (Appointed w.e.f. 04-07-2024)

Business Operations & State of Affairs

The main business activity of the company is Films Production and Distribution. During the financial year, there was no income from core business operations. The profit was solely due to other income from the write-back of an excess GST provision.

AGM Agenda - Ordinary Business

1. To consider and adopt the audited financial statements for the year ended 31st March 2026 and the reports of the Board of Directors and Auditors thereon.

2. To consider the re-appointment of Mr. Shantanu Shreedhar Sheorey (DIN: 00443703), who retires by rotation.

Financial and Operational Impact

  • The financial impact of the year's operations is a profit of ₹11.48 lakh. No dividend is recommended, and no amount is proposed to be transferred to reserves.
  • The company has no subsidiaries, joint ventures, or associate companies.
  • The company has not accepted any public deposits.

Capital Structure Impact

No change in share capital during the year. The paid-up share capital remained at ₹3,488.00 lakh.

Cash Flow Implications

Net cash flow from operating activities was negative ₹12.35 lakh. The company had cash outflows from operations.

Material Changes & Commitments

No material changes or commitments affecting the financial position of the Company occurred between the end of the financial year and the date of the report (14 August 2026).

Significant Orders Passed by Regulators/Courts

No significant and material orders were passed by any regulator or court or tribunal impacting the going concern status and Company's operations in future.

Secretarial Audit Observations

The Secretarial Audit Report by Mr. Suprabhat Chakraborty included two observations:

1. "As per Regulation 31(2) of the SEBI LODR Regulations, shareholding of promoter(s) and promoter group is not in dematerialized form." Management stated it has applied for an exemption.

2. "Independent directors of the Company have not cleared the online self-assessment proficiency test as per the Companies (Appointment and Qualification of Directors) Rules, 2014."

Other Key Disclosures

  • Related Party Transactions: All transactions were on an arm's length basis, in the ordinary course of business, and compliant with the Act and Listing Regulations. No materially significant transactions with potential conflict were reported.
  • Internal Financial Controls: The company maintains adequate internal financial controls commensurate with its size and operations.
  • Whistle Blower Policy/Vigil Mechanism: The policy is in place and posted on the company's website. No complaints were received during the year.
  • Corporate Governance: A separate report on corporate governance compliance is included, along with a certificate from the secretarial auditor.
  • Management Discussion & Analysis: A report on the industry outlook, company performance, and risks is included.

Forward-Looking Statements

The Management Discussion and Analysis contains statements that may be 'forward-looking' within the meaning of applicable laws. Actual results may differ from those expressed or implied.