Future Market Networks Ltd

AGM Details

• AGM held via VC/OAVM on 28 Sep 2026 from 2:30 PM to 3:06 PM; e-voting till 3:36 PM.

Resolutions & Outcomes

• Resolution 1 (Ordinary): Adopt standalone and consolidated financial statements; passed.
• Resolution 2 (Ordinary): Re-appoint Shreesh Misra as director; passed.

AGM Details

• AGM held on 28 Sep 2026, 2:30 PM–3:06 PM IST via VC/OAVM.
• Remote e-voting available Sep 24–27, 2026; on-site voting during AGM.
• Scrutinizer appointed: Alwyn D'souza, Practicing Company Secretary.
• Quorum present; 141 members attended the AGM.
• Chairman: Mr. Pramod Arora, Independent Director, presided.

Resolutions Put to Vote

• Ordinary: Adoption of audited standalone financial statements for FY ended March 31, 2026, with Board and Auditor reports.
• Ordinary: Adoption of audited consolidated financial statements for FY ended March 31, 2026, with Auditor report.
• Ordinary: Re-appointment of Shreesh Misra as director, retiring by rotation.
• Special business: No items were transacted.

Voting Status

• Voting results awaited; Scrutinizer report pending.
• NSDL e-voting extended to 3:36 PM IST during AGM to allow remaining votes.

Future Market Networks Limited trading window closed from Oct 1, 2026; to reopen 48 hours after declaration of unaudited financial results for quarter and half year ended Sep 30, 2026.

AGM notice and e-Voting details

• Disclosing newspaper ads for the 18th AGM and e-Voting details.
• Ads published Sep 6, 2026 in Free Press Journal and Navshakti (Marathi).
• Anil Cherian, Head - Legal and Company Secretary, signed the filing.

Lease surrender update

• Lease surrender for Diamond Plaza Mall, 1 Calcutta Jessore Road, Kolkata 700055.
• Deed of surrender executed on 25 August 2026.
• Shareholders approved via special resolution on 17 November 2025 (postal ballot).
• Lessor: Diamond Plaza Mall Private Limited (formerly Super Diamond Enterprises).
• No monetary value disclosed or stated impact on FMNL's financials.

Regulatory update

• Pursuant to Regulation 47 of LODR, FMNL published newspaper cuttings of the quarter ended June 30, 2026 results.

Key disclosures

• Unaudited standalone and consolidated results for quarter ended June 30, 2026 approved with Limited Review Report.
• 18th AGM to be held on Sept 28, 2026 via VC/OAVM.

Financial results approved

• Unaudited standalone and consolidated results for quarter ended June 30, 2026 approved; Limited Review Report attached.

AGM scheduled

• 18th Annual General Meeting scheduled for 28 September 2026 via VC/OAVM.

Capital actions

• Converted 31,18,574 warrants into equity on June 13, 2026.
• Warrants issued to Jurox Enterprises Private Limited and Surplus Finvest forfeited.
• NCLT Mumbai Bench IV approved withdrawal of the Scheme with Metawear Limited on June 18, 2026.
• Group operates in a single segment: Property and Related Services.
• Previous period figures re-arranged/reclassified as applicable.

Regulatory and legal disclosures

• Contingent liabilities disclosed relating to demand notices on corporate guarantees and assets pledged.
• Yes Bank demand of INR 18,448.96 lakhs; debt assigned to JC Flower; physical possession notice withdrawn.
• DRT Delhi matters with Basuti/FRL; next hearing Aug 18, 2026.
• FRL IA 3861/2023 dismissed; FRL liquidation ongoing; next date Aug 18, 2026.

Auditor remarks

• Emphasis of Matter on contingent liabilities noted; independent reviews conclude no material misstatement.

Financial results

• Approved unaudited standalone and consolidated results for quarter ended June 30, 2026, for year ending March 31, 2027.
• Limited Review Report approved along with the results.

AGM and governance

• 18th AGM scheduled Sept 28, 2026 at 2:30 PM via VC/AVM.

Director appointment

• Afil Biyani appointed Whole-Time Director; effective August 13, 2026.

Regulatory and litigation disclosures

• Notes disclose contingent liabilities from Yes Bank debt and pledged assets; SARFAESI/DRT matters noted.
• Yes Bank debt substituted to JC Flower; physical possession notice withdrawn.
• NCLT approved withdrawal of Metawear Scheme; June 18, 2026.

Capital movements

• Converted 31,18,574 warrants to equity on June 13, 2026.
• Warrants lapsed: 1,99,00,000 to Jurox Enterprises; 33,81,426 to Surplus Finvest.

Segment information

• Group operates a single segment: Property and Related Services.

Auditor remarks

• Independent Auditor's Review notes emphasis of matter on contingent liabilities; opinion not modified.

Meeting Details

• Date: August 13, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial results for quarter ended June 30, 2026.

Other Notes

• Trading window closed for designated persons from July 1, 2026 until 48 hours after results announcement.