Mediaone Global Entertainment Ltd

Mediaone Global Entertainment Ltd - Trading Window Closure

Dematerialisation processing and listing

• Dematerialisation requests processed; securities confirmed to depositories for the reporting period.
• Securities dematerialised listed on the stock exchanges where the original securities are listed.
• Physical certificates dematerialised mutilated and cancelled; depository name substituted as registered owner within the timeline.

Key findings and penalties

• SEBI issued a final order against MGEL and officers for fund diversion and fictitious revenue.
• For FY2013-14 to FY2015-16, 143.05 crore fictitious revenue and 173.54 crore fictitious purchases.
• MGEL diverted 99.48 crore to Eros International Media Limited via same-day round-tripping.
• SEBI orders recovery of diverted funds with 12% annual interest.
• MGEL and five individuals barred from market access for 2-3 years; exact periods listed.
• Unpaid dividends from FY2010-11 and FY2011-12 totaling ~₹6.17 crore plus interest.
• MGEL directed to restore diverted ₹99.48 crore to its books within 3 months.
• MD Suryaraj Kumar, ex-director J Murali Manohar, WT Director K Sai Prasad, CFO M Srinivas Kumar cited.
• Company and individuals sanctioned penalties under SEBI Act, PFUTP, LODR, and Companies Act provisions.

🗓️ Meeting Details

• Board meeting scheduled for Thursday, 12 February 2026.

📊 Key Agenda Items

• Approval of unaudited financial results for quarter ended 31 December 2025.