Khyati Multimedia Entertainment Ltd

Khyati Multimedia Entertainment Ltd trading window closure from 1 October 2026 till end of 48 hours after the announcement unaudited financial results for the quarter ending on 30TH SEPTEMBER 2026.

Key resolutions at 32nd AGM

• AGM held 28 September 2026; 38 members attended.
• Audited financial statements for year ended 31 March 2026 approved and adopted.
• Reappointment of Kartik Jasubhai Patel as Director (retiring by rotation) approved.
• Appointment of MAAK And Associates as Statutory Auditors for 2026-30 approved; remuneration to be fixed by MD.
• Omnibus approval to the Board under Section 188 for Related Party Transactions granted (special resolution).
• Resolutions to be decided by poll voting; results to be published within 2 working days.
• AGM ran from 2:00 PM to 2:30 PM.

AGM details

• 32nd AGM held 28 Sep 2026 at 2:00 PM, physical meeting in Ahmedabad.
• 38 members attended; end time 2:30 PM.
• Record date 18 Sep 2026; shareholders on record: 9,536.

Key resolutions

• Item 1 (Ordinary): Adoption of financial statements and reports; passed.
• Item 2 (Ordinary): Reappointment of director by rotation; passed.
• Item 3 (Ordinary): Reappointment of statutory auditors for 2026–30; passed.
• Item 4 (Special): Omnibus approval for Related Party Transactions under Section 188; passed.

Voting results

• Resolution 4: For 81.84%, Against 17.85%; promoter group did not vote due to interest.
• Other resolutions carried by ordinary majority; detailed vote counts not disclosed.

Auditor and director changes

• Reappointment of MAAK And Associates as statutory auditors for four years; remuneration to be fixed by board.

Related party transactions

• Omnibus approval granted for related party transactions; no counterparty or value disclosed.

AGM details and resolutions

• AGM held physically in Ahmedabad; duration about 30 minutes.
• Ordinary: adoption of Audited Financial Statements and reports.
• Ordinary: reappointment of director by rotation.
• Ordinary: appointment of statutory auditors for a fixed term; remuneration to be fixed by MD.
• Special: omnibus approval to enter into related party transactions.
• Final voting results to be published on stock exchange and company websites.

Financial highlights

• Revenue from operations: Rs 51.00 Lakhs in year ended 31 March 2026.
• Total income: Rs 51.61 Lakhs in year ended 31 March 2026.
• Net profit after tax: Rs 18.82 Lakhs for the year.
• Earnings per share: Rs 0.17 for 2025-26.
• Net cash from operating activities: Rs 21.23 Lakhs.
• Dividends: no dividend declared for 2025-26.

Operations & business activities

• Business focuses on desktop publishing, imaging, and multimedia software.
• Service-driven model; no manufacturing; advertising and sponsorships prominent.
• Polo Championship event revenue recognized; MoA not amended for sports activities.

Governance & audit

• Statutory auditors: MAAK & Associates; appointed 01/04/2025 to 31/03/2030.
• Secretarial auditor: Kamlesh M Shah & Co; governance observations noted.
• Board saw multiple resignations; new directors inducted during year.
• Audit qualifications: four material observations including land advances and deposits.
• Penalty paid to BSE for LODR non-compliance; waiver sought.

Related party transactions

• Omnibus approval granted for related party transactions for 2026-27.
• RPTs include rent to Jignaben K Patel and sales with Khyati entities.
• Loans from promoters/related parties; some repayments during year.
• 10% turnover threshold triggers shareholder approval for material RPTs.

Dividend & capital structure

• Dividend not declared for FY25-26.
• Equity share capital stands at Rs 1,080.02 Lakhs.
• Borrowings non-current from related parties: Rs 132.07 Lakhs.
• Current liabilities: Rs 88.49 Lakhs; current ratio 0.72.
• Promoter shareholding: 16.79%; public 81.29%.
• Dematerialization: 80.27% of shares dematerialized; promoters not fully dematerialized.

Annual General Meeting

• 32nd AGM on 28 Sept 2026 at 2:00 PM.
• Notice uploaded on company site and BSE; remote e-voting available.
• Copies of Annual Report not distributed at meeting; bring copies.

Risks & outlook

• Key risks: working capital, market fluctuations, government policy, competition, slowdown.
• Outlook: focus on advertising, education partnerships, and sports events.
• Opportunities in digital media and sponsorships.

Key dates and actions

• 32nd AGM scheduled for 28 September 2026 at 2:00 PM in Ahmedabad.
• Register of Members closed from 19 September 2026 to 28 September 2026 (inclusive).
• Record date for sending audited annual report by email is 28 August 2026.
• RTA to dispatch annual report by 4 September 2026.
• Record date for remote e-voting eligibility is 18 September 2026.
• E-voting open 24-27 September 2026 from 10:00 AM to 5:00 PM.
• Security: equity shares.
• Purpose: conduct 32nd AGM and related record dates for reports and voting.

AGM Details

• Date and time: 28 September 2026 at 02:00 PM.
• Mode: Physical meeting at Ahmedabad venue.
• Venue: 100, Chinubhai Towers, Ahmedabad 380 009.
• Register/Book closure: 19–28 September 2026 (inclusive).
• Record date for entitlement: 28 August 2026.

Ordinary Resolutions

• Adopt IND AS compliant standalone financial statements for year ended 31 March 2026.
• Re-appoint Kartik J. Patel by rotation; eligible offers himself for reappointment.
• Ratify appointment of MAAK And Associates as statutory auditors for 2026-27.

Special Resolution

• Approval of Related Party Transactions for 2026-27; omnibus consent to enter into RPTs.

Auditor Appointment

• Auditor term: hold office from AGM to 36th AGM (2030); remuneration fixed by Directors.

Related Party Transactions

• RPTs involve Jignaben Patel's entities; scope includes sale/purchase of goods and services.
• Related parties include Khyati World Educare Pvt Ltd; Khyati World School; Firdaus Memorial Trust; Khyati Foundation.
• Proposed 2026-27 limits: rent Rs 10 lakh; sales Rs 5 lakh; borrowing Rs 25 lakh.
• Total related party limit aligns with SEBI LODR approvals.
• RPTs already executed in 2025-26 and proposed for 2026-27 require shareholder approval.

Financial results and audit disclosures

• Un-audited standalone IND AS results for quarter ended 30 June 2026 approved by the Board.
• Audit Committee reviewed results prior to Board approval.
• Board resolution authorized Chairman and MD to sign the results.
• Annexure-B: Statement on Impact of Audit Qualifications submitted.
• Single segment operation; segment reporting not applicable.
• Emphasis of matter: Investment in Khyati Retail & Eatery Pvt Ltd at book value; fair value unconfirmed.
• Advances against land Rs 2.0875 crore paid; land registration pending; registered agreements not provided.
• Polo Championship event revenue lacks MOA amendments; no written franchise agreements.
• Deposits: Advances from customers Rs 251 lakh; Rs 10 lakh outstanding; non-compliance with deposits rules; impact not determined.
• Management is refunding advances; Rs 40 lakh already refunded; remaining Rs 10 lakh to be refunded.
• Auditor's report contains multiple qualifications (land advances, polo revenue, customer deposits).

Standalone results

• Q1 FY27 standalone total income ₹0.96 lakh; net loss ₹4.22 lakh; EPS ₹-0.04.
• Total assets ₹349.47 lakh; net worth ₹128.91 lakh.
• Advance against land ₹2.09 crore; polo event revenue recognition not aligned with Ind AS 115.
• One operating segment; no segment reporting.
• Refunds: ₹40 lakh already refunded; ₹10 lakh pending refunds subject to funds.
• Board meeting adopted results on 13-Aug-2026.

Meeting Details

• Board meeting scheduled for 13/08/2026 at 05:30 PM, Registered Office, Ahmedabad.

Key Agenda Items

• To approve Un-Audited IND AS Stand-Alone Financial Results for Q1 FY2026-27.
• To read, confirm, and approve last meeting minutes, signed by the Chairman.
• To review notes and progress reports of board sub-committees since the last meeting.
• To approve CEO/CFO and Company Secretary certificate for quarter ended 30/06/2026 under Reg 33(2)(a).
• To review Limited Review Auditor's Report and obtain management declaration on observations.
• To authorize MD/Chairman to fix record date, book closure, and AGM details for the year ending 31/03/2026.
• To authorize MD/Chairman to fix depository for e-voting and finalize e-voting period.
• To authorize MD/Chairman to appoint Scrutinizers for evoting per SEBI LODR and Companies Act.
• To note quarterly compliance reports of CFO, CS, MD and heads for quarter ended 30/06/2026.