Key Financial Figures

  • Total Revenue: ₹38 lakh (FY 2025-26) vs ₹68 lakh (FY 2024-25)
  • Total Expenses: ₹201 lakh (FY 2025-26) vs ₹1,071 lakh (FY 2024-25)
  • Profit/Loss Before Tax: Loss of ₹163 lakh (FY 2025-26) vs Loss of ₹1,002 lakh (FY 2024-25)
  • Profit/Loss After Tax: Loss of ₹162 lakh (FY 2025-26) vs Loss of ₹1,002 lakh (FY 2024-25)
  • Total Assets: ₹2,071 lakh as of March 31, 2026 (₹2,140 lakh as of March 31, 2025)
  • Equity Share Capital: ₹1,701 lakh (17,009,900 equity shares of ₹10 each)
  • Other Equity: ₹91 lakh (negative retained earnings of ₹1,564 lakh offset by securities premium of ₹1,655 lakh)
  • Current Liabilities: ₹272 lakh
  • Non-Current Liabilities: ₹7 lakh (deferred tax liability)
  • Cash and Cash Equivalents: ₹11 lakh
  • Earnings Per Share: Basic and diluted EPS of -₹0.95 (FY 2025-26) vs -₹5.89 (FY 2024-25)

AGM Details

  • Date and Time: Tuesday, August 25, 2026 at 11:30 AM (IST)
  • Mode: Video Conference/Other Audio-Visual Means (VC/OAVM)
  • Cut-off for Annual Report Dispatch: July 24, 2026
  • E-voting Eligibility Cut-off: August 14, 2026
  • E-voting Period: August 22, 2026 (9:00 AM) to August 24, 2026 (5:00 PM)
  • Scrutinizer: Putcha Sarada

Business to be Transacted

Ordinary Business

1. To receive, consider and adopt Audited Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors

2. To appoint Director in place of Mr. Saurabh Ramdorai (DIN: 07684410) who retires by rotation

Special Business

3. Approval of appointment of Mr. Shankar Ravi Chaganti (DIN: 09657821) as Managing Director for 5 years effective May 26, 2026

Board of Directors

  • Mr. Shankar Ravi Chaganti: Managing Director (DIN: 09657821)
  • Mr. Siram R L V N Kishore: Independent Director
  • Ms. Krishnapriya Vincent: Independent Director
  • Mr. Saurabh Ramdorai: Non-Executive Non-Independent Director

Key Managerial Personnel

  • Mr. Srinivasa Rao Kakkera: Chief Financial Officer
  • Ms. Pooja Upmanyu: Company Secretary & Compliance Officer

Changes in Directors/KMP

During FY 2025-26:

  • Mr. Srinivasa Sudhish Ramabhotla resigned as Managing Director effective February 23, 2026
  • Mr. Murty Vadlamani Venkata Satyanarayana (DIN: 07514729) appointed as Additional Director and designated as Managing Director effective February 23, 2026, resigned May 26, 2026
  • Mr. Shankar Ravi Chaganti appointed as Additional Director and designated as Managing Director effective May 26, 2026

Dividend

No dividend proposed for FY 2025-26 due to absence of distributable profits.

Share Capital

Authorized share capital increased to ₹21.10 crore (2.11 crore equity shares of ₹10 each) pursuant to shareholder approval in 40th AGM held September 30, 2025. No changes in paid-up share capital during FY 2025-26.

Statutory Auditors

M/s. Pavan & Associates, Chartered Accountants (FRN: 012132S) were statutory auditors. They issued an unqualified opinion on financial statements but issued a disclaimer of opinion on internal financial controls due to non-availability of certain records and documentation.

Secretarial Audit

Ms. Sarada Putcha, Practicing Company Secretary, conducted secretarial audit. The report noted:

  • SOP fine of ₹73.90 lakh levied by BSE for non-submission of consolidated cash flow statement for quarter ended September 30, 2021 (partial waiver granted)
  • SOP fine of ₹94,400 for non-submission of impact of audit qualification for quarter ended March 31, 2026
  • Non-filing of Form IEPF 2 and certain other forms with Registrar of Companies

Internal Auditors

M/s S N Murthy & Co., Chartered Accountants (FRN: 014554S) were internal auditors with no observations in their reports.

Related Party Transactions

All related party transactions were at arm's length basis. Material transactions:

  • Purchase of film rights from Vega Music Private Limited (associate company): ₹14.57 lakh
  • Remuneration to Mr. Saurabh Ramdorai (Director): ₹4.50 lakh

Corporate Governance

Company complied with SEBI LODR requirements except matters specified in secretarial audit report. Board met 5 times during FY 2025-26. All committees (Audit, Nomination & Remuneration, Stakeholders' Relationship) were constituted and functional.

Capital Structure Impact

No change in share capital during FY 2025-26. Proposed preferential allotment could not be implemented due to non-receipt of in-principle approval from stock exchange within required timeline.

Cash Flow Implications

  • Net cash from operating activities: ₹62 lakh
  • Net cash used in investing activities: ₹63 lakh (primarily purchase of fixed assets)
  • No cash flow from financing activities

Forward-looking Information

Management Discussion & Analysis section discusses industry outlook, opportunities in digital media and shorter content formats, and threats from international competition and changing technology.

Material Events

No material events affecting financial position occurred between March 31, 2026 and date of report.

Bankers

  • Allahabad Bank
  • HDFC Bank

Registrar & Share Transfer Agents

Kfin Technologies Limited

Listed At

BSE Limited