Company Disclosures: Quarterly Results and Board Meeting Outcomes

Board Meeting Key Decisions

The Board meeting commenced at 3:30 PM and concluded at 4:15 PM on August 14, 2026. The following items were approved:

  • Unaudited Financial Results: Approved the unaudited financial results for the quarter and three months ended June 30, 2026, along with the limited review report and Regulation 33(3)(c) declaration.
  • Director's Report: Approved the Director's Report for the financial year ended March 31, 2026.
  • 33rd Annual General Meeting: Approved the notice convening the 33rd AGM scheduled for Thursday, September 24, 2026, at 3:00 PM through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in accordance with MCA and SEBI circulars.
  • Share Transfer Book Closure: Pursuant to Section 91 of Companies Act, 2013 and SEBI LODR Regulation 42, determined that:
  • Register of Beneficial Owners/Members and Share Transfer Books will remain closed from Friday, September 18, 2026 to Thursday, September 24, 2026 (both days inclusive)
  • Cutoff date for determining members eligible to vote or attend AGM: Thursday, September 17, 2026
  • E-voting facility will be provided to shareholders for the 33rd AGM
  • Scrutinizer Appointment: Appointed Mr. Suprabhat Chakraborty from M/s. Suprabhat & Co., Practicing Company Secretaries, Kolkata (Membership No.: A41030, Certificate of Practice No.: 15878) as Scrutinizer to scrutinize e-voting and submit the required report under Companies Act, 2013.
  • Business Review: Reviewed the business of the Company.

Unaudited Financial Results (Q1 FY27)

Period: Quarter ended June 30, 2026 (Unaudited)

Comparative Periods: March 31, 2026 (Audited), June 30, 2025 (Unaudited), March 31, 2026 (Audited - Year Ended)

Currency: Indian Rupees in Lakhs (except EPS)

Income Statement Highlights:

  • Total Income: ₹25.60 lakh (consistent across all periods shown)
  • Employee Benefits Expense: ₹0.54 lakh (Q1 FY27) vs ₹0.54 lakh (Q4 FY26) vs ₹0.54 lakh (Q1 FY25) vs ₹2.16 lakh (FY26)
  • Finance Costs: ₹0.42 lakh (Q1 FY27) vs ₹0.32 lakh (Q4 FY26) vs ₹0.15 lakh (Q1 FY25) vs ₹1.02 lakh (FY26)
  • Other Expenses: ₹1,663.34 lakh (Q1 FY27) vs ₹2.77 lakh (Q4 FY26) vs ₹6.50 lakh (Q1 FY25) vs ₹10.94 lakh (FY26)
  • Total Expenses: ₹1,665.30 lakh (Q1 FY27) vs ₹3.68 lakh (Q4 FY26) vs ₹7.49 lakh (Q1 FY25) vs ₹14.13 lakh (FY26)
  • Profit/(Loss) Before Tax: ₹(1,665.30) lakh loss (Q1 FY27) vs ₹21.97 lakh profit (Q4 FY26) vs ₹(7.49) lakh loss (Q1 FY25) vs ₹11.48 lakh profit (FY26)
  • Tax Expense: ₹0.00 across all periods for current tax, deferred tax, and MAT credit
  • Profit for the Period: ₹(1,665.30) lakh loss (Q1 FY27) vs ₹21.97 lakh profit (Q4 FY26) vs ₹(7.49) lakh loss (Q1 FY25) vs ₹11.48 lakh profit (FY26)

Earnings Per Share (Face Value ₹10 each):

  • Basic EPS (continuing operations): ₹(4.77) loss (Q1 FY27) vs ₹0.06 profit (Q4 FY26) vs ₹(0.02) loss (Q1 FY25)
  • Diluted EPS (continuing operations): ₹(4.77) loss (Q1 FY27) vs ₹0.06 profit (Q4 FY26) vs ₹(0.02) loss (Q1 FY25)
  • Basic EPS (total): ₹(4.77) loss (Q1 FY27) vs ₹0.06 profit (Q4 FY26) vs ₹(0.02) loss (Q1 FY25) vs ₹0.03 profit (FY26)
  • Diluted EPS (total): ₹(4.77) loss (Q1 FY27) vs ₹0.06 profit (Q4 FY26) vs ₹(0.02) loss (Q1 FY25) vs ₹0.03 profit (FY26)

Paid-up Equity Share Capital: ₹3,488.00 lakh (348.80 lakh shares of ₹10 each) for all periods except Q1 FY25 which showed ₹3,088.00 lakh.

Notes to Financial Results

1. The unaudited financial results were reviewed by the Audit Committee and approved by the Board on August 14, 2026.

2. Prepared in accordance with Companies (Indian Accounting Standard) Rules, 2015 prescribed under Section 133 of Companies Act, 2013 and Regulation 33 of SEBI LODR Regulations, 2015.

3. The figures for the last quarter of previous year are balancing figures between audited annual figures and published year-to-date figures up to the third quarter.

4. The Company operates in one segment: "Production of television content and Motion Films and all other activities revolving around the same." No other reportable segments as per IND AS 108.

5. Previous period figures have been regrouped/reclassified where necessary.

Auditor's Limited Review Report

Auditor: B.M. Gattani & Co., Chartered Accountants (ICAI FRN: 113536W)

Review Date: August 14, 2026

Key Points:

  • Conducted review in accordance with SRE 2410 issued by ICAI
  • Management responsible for preparation in accordance with Ind AS 34
  • Review provides moderate assurance, substantially less in scope than audit
  • Conclusion: "Nothing has come to our attention that causes us to believe that the accompanying Statement... has not disclosed the information required... or that it contains any material misstatement."
  • Material Disclosure: Management decided to write off advances totaling ₹16.57 crore:
  • ₹10.50 crore advance given towards Land
  • ₹6.07 crore advance given to Veronica Production
  • Write-off decision based on assessment of circumstances and recoverability
  • Management determined amounts are no longer recoverable