Key Quantitative Figures
Financial Performance (in lakh ₹)
| Particulars | FY 2025-26 | FY 2024-25 |
| Revenue from Operations | 502.27 | 281.31 |
| Total Revenue | 502.27 | 281.31 |
| Total Expenses | 193.50 | 127.89 |
| Profit before tax | 308.76 | 153.42 |
| Tax Expenses | 80.27 | 18.98 |
| Profit for the year | 228.48 | 134.44 |
Capital Structure
- Authorized Share Capital: ₹11,00,00,000 (1.10 crore shares of ₹10 each)
- Paid-up Equity Share Capital: ₹10,66,40,330 (1,06,64,033 shares of ₹10 each)
- No dividend declared for FY 2025-26
Proposed Preferential Issue
- Proposal: Issue of 42,75,900 equity shares at price not less than ₹358 per share
- Aggregate value: ₹1,53,07,72,200
- Consideration: Non-cash (share-swap arrangement)
- Status: BSE granted in-principle approval on January 01, 2026, but listing approval pending as of March 31, 2026 and May 30, 2026
- Impact: Not recognized in financial statements due to pending approvals
Dates and Timelines
- AGM Date: September 28, 2026 at 9:00 AM through VC/OAVM
- Record Date: September 21, 2026
- Book Closure: September 22, 2026 to September 27, 2026
- Remote e-voting period: September 25, 2026 (9:00 AM) to September 27, 2026 (5:00 PM)
- Financial Year End: March 31, 2026
- Board Meeting Dates: 6 meetings held on May 30, 2025; June 27, 2025; August 13, 2025; November 14, 2025; February 12, 2026; March 07, 2026
Parties Involved
Board of Directors
- Arpitkumar Rajnikant Mehta (Managing Director)
- Manasvi Manu Thapar (Independent Director)
- Hitendra Nareshkumar Kanodia (Independent Director)
- Luvv Arpit Mehta (Executive Director)
- Smit Dinkarbhai Barot (Independent Director)
- Kush Arpit Mehta (Executive Director)
- Sirishbhai Patel (Executive Director)
- Rajalben Arpit Mehta (Executive Director, CFO)
Key Managerial Personnel
- Company Secretary: Tripti Karwa (appointed August 13, 2025)
- CFO: Rajalben Arpit Mehta
Auditors and Advisors
- Statutory Auditors: S. D. Mehta & Co. (FRN: 137193W), replaced by Rajendra J. Shah & Co. (FRN: 108369W) for 5 years from 25th AGM
- Secretarial Auditors: Payal Dhamecha & Associates (FRN: S2020GJ735800)
- Internal Auditors: Parag Patel & Company
- RTA: Accurate Securities & Registry Private Limited
- Scrutinizer: Vikas Verma & Associates
Operational Highlights
- Business: Media and entertainment, OTT platform (WOWPLEX)
- No change in nature of business during the year
- No material changes or commitments affecting financial position post-year end
- One subsidiary company (not named in detail)
- Listed on BSE-SME platform
Corporate Governance
- Board Committees: Audit Committee (4 meetings), Nomination & Remuneration Committee (1 meeting), Stakeholders Relationship Committee (4 meetings)
- Independent Directors meeting held on February 12, 2026
- Whistle Blower Policy and Prevention of Sexual Harassment Policy in place
- No complaints received under Sexual Harassment Act
- No material orders from regulators/courts impacting going concern status
Auditor Reports
Statutory Auditors (Rajendra J. Shah & Co.)
- Unqualified opinion on financial statements
- No fraud reported under section 143(12)
- Key audit matter: Proposed preferential issue under share-swap arrangement
Secretarial Auditors (Payal Dhamecha & Associates)
- Qualification: Delay in filing integrated governance report for March 31, 2026 quarter, resulting in BSE fines
- Otherwise compliant with applicable laws and regulations
Pending Matters
- Preferential share issue awaiting final listing approval from BSE
- Eligibility issue raised by BSE regarding one proposed allottee
- TDS payable of ₹15,51,072 outstanding
- Income tax demands totaling ₹46,17,560 for various assessment years
Voting Arrangements
- AGM to be held through VC/OAVM facility
- Remote e-voting through NSDL platform
- Live webcast available on NSDL e-Voting website
- Members can join 15 minutes before scheduled time
Other Disclosures
- No CSR activities undertaken (not applicable)
- No deposits accepted from public
- No insolvency proceedings under IBC 2016
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