Colorchips New Media Ltd

Colorchips New Media Ltd trading window closure notice

AGM Details

• Date and time: 25 August 2026 at 11:30 AM IST via VC/OAVM.
• Mode: Video Conference / Other Audio Visual Means; remote e-voting 22–24 Aug 2026.
• E-voting link disabled 15 minutes after AGM conclusion.

Key Resolutions

• Resolution 1: Adoption of Audited Financial Statements and Board Report for the financial year.
• Resolution 2: Reappointment of director by rotation.
• Resolution 3: Approval of remuneration to the Managing Director.

Voting Results

• Resolution 1 passed: 85.0% in favour (3243/3815).
• Resolution 2 passed: 98.11% in favour.
• Resolution 3 passed: 85.01% in favour.

Director Changes

• Director rotation approved for continuation via reappointment.

Auditor & RPTs

• Auditor appointment/remuneration details not disclosed in this excerpt.
• Material related party transactions: no material RPTs disclosed.

Other Approvals

• Remuneration approval for Managing Director approved.

AGM details

• AGM held on 25 August 2026 at 11:10 AM via VC/OAVM.
• 32 members attended; meeting chaired by Saurabh Ramdorai.
• e-voting facility offered; remote voting Aug 22–24, 2026.

Key resolutions

• Ordinary Resolution 1: Adopt standalone Ind AS financial statements for year ended March 2026.
• Ordinary Resolution 2: Re-appoint director Saurabh Ramdorai by rotation.
• Special Resolution: Appoint Shankar Ravi Chaganti as Managing Director.
• Voting results: not disclosed in the filing.

Director changes

• Mr. Saurabh Ramdorai to be re-appointed by rotation.
• Mr. Shankar Ravi Chaganti appointed as Managing Director.

Auditor matters

• Statutory auditors issued a disclaimer on internal controls over financial reporting.

Financial results

• Unaudited financial results for the quarter ended 30 June 2026 approved.

Limited Review Report

• Limited Review Report on Q1 2026 results issued by Pava & Associates.

Registrar and Transfer Agent

• Registrar and Transfer Agent changed from KFin Technologies Limited to Bigshare Services Private Limited.

Board actions and approvals

• Board approved unaudited standalone results for quarter ended 30 June 2026.
• Limited Review Report by auditors on Q1 FY2026 results.
• Registrar and Transfer Agent changed to Bigshare Services Private Limited.

Financials snapshot

• Total income from operations (net) for quarter ended 30-Jun-2026: 218,782.98.
• Net loss for the quarter: (36,08,517.02).
• Basic and diluted EPS (before extraordinary items): (0.2121) each.
• EPS after extraordinary items: Basic and diluted (0.2121).
• Total expenses: 38,27,300.00.
• Deferred tax credit: (40,128.00).
• Paid-up share capital: 1,70,09,900.00.
• Company operates in a single segment.

Meeting Details

• Date: 14 August 2026.
• Time: Not disclosed.
• Location: Registered office, Plot No.9, Navdeya Colony, YR Guda, Hyderabad.

Key Agenda Items

• Unaudited quarterly results for quarter ended 30 June 2026.
• Registrar and Transfer Agent change: KFin Technologies to Bigshare Services Private Limited, subject to approvals.
• Any other matters as may be decided by the Board.

Other Notes

• Trading window remains closed till 48 hours after the Board Meeting.

Financials at a glance

• Total revenue: ₹38 lakh in FY2025-26, ₹68 lakh prior year.
• Net loss after tax: ₹162 lakh in FY2025-26.
• Basic and diluted EPS: ₹-0.95 in FY2025-26.
• Cash and cash equivalents: ₹11 lakh at 31 March 2026.
• PPE net carrying amount ₹929 lakh; non-current investments ₹1005 lakh.

Capital & liquidity

• Equity share capital ₹1701 lakh; total equity ₹1792 lakh.
• Current liabilities ₹272 lakh; no long-term debt disclosed.
• Net cash from operating activities ₹62 lakh; investing cash flow ₹-63 lakh.
• Additions to PPE during FY26: ₹63 lakh.

Business & operations

• Single segment: Filmed entertainment; India-based operations.
• No subsidiaries; Vega Music ceased to be subsidiary in Sep 2022.

Governance changes

• Shankar Ravi Chaganti appointed MD for five years from 26 May 2026.
• Board size four; two independent directors; MD and one non-exec director.
• Statutory auditors: Pavan & Associates; internal control disclaimer issued.

AGM & regulatory disclosures

• 41st AGM to be held Aug 25, 2026 via VC/OAVM.
• Notice hosted on company, BSE and NSE websites.
• Remote e-voting window: 22-24 Aug 2026; cut-off 14 Aug 2026.

Related parties & risk

• Related party transactions were arm's length and in ordinary course.
• Key RPTs: director remuneration ₹4.5 lakh; Vega Music purchases ₹14.57 lakh.
• Secretarial audit notes observations; management taking steps to strengthen controls.

Audit & controls

• Internal financial controls in place; IC report includes disclaimer for some branch records.
• SOP fines paid; partial waiver granted by BSE.
• Post-year events: accounts adopted 30 May 2026.

Key Decisions

• Approved FY2025-26 Annual Report and fixed AGM on Aug 25, 2026 at 11:30 AM via VC/OAVM.

MD Appointment Recommendation

• Recommended appointment of Shankar Ravi Chaganty as Managing Director subject to shareholders' approval.

MD Appointment Details

• Date of appointment: 26 May 2026, for five years, subject to shareholder approval.

MD Profile

• Profile: Shankar Ravi Chaganty, 58, B.Com; 34+ years in administration; not related to directors.

AGM Details

• AGM to be held via VC/OAVM on Aug 25, 2026 at 11:30 AM.

Colorchips New Media Ltd: Trading window closed from 01 July 2026 until 48 hours after the declaration of unaudited financial results for the first quarter ended 30 June 2026