Network 18 Media & Investments Ltd

Network18 Media & Investments Limited – Closure of Trading Window – Q2FY2027: Trading Window shall remain closed with effect from Thursday, October 1, 2026 and shall end 48 hours after the Unaudited Financial Results (Standalone & Consolidated) for the quarter and half year ending September 30, 2026 become generally available information.

AGM details

• AGM held on 16 September 2026.
• Voting via remote e-voting and Insta Poll.
• Record date for voting: 9 September 2026.
• Total shareholders on record: 517,343.

Resolutions and outcomes

• Resolution 1(a): Adoption of Audited Financial Statement for FY2026; passed.
• Resolution 1(b): Adoption of Audited Consolidated Financial Statement for FY2026; passed.
• Resolution 2: Appointment of Adil Zainulbhai, retiring by rotation; passed.
• Resolution 3: Appointment of Rahul Joshi, retiring by rotation; passed.
• Resolution 4: Ratification of Cost Auditor remuneration for FY2027; passed.

Directors and appointments

• Adil Zainulbhai reappointed as director (retiring by rotation).
• Rahul Joshi reappointed as director (retiring by rotation).

Auditor remuneration

• Remuneration of Cost Auditor ratified for FY2027; ordinary resolution.

AGM Details

• AGM held on 16 September 2026 via VC/OAVM at 4:00 p.m.
• Remote e-voting from 12 to 15 September 2026.
• Scrutinizer appointed for e-voting report: Neelesh Kr. Jain.

Resolutions

• Resolution 1 (Ordinary): Adoption of standalone and consolidated financial statements for FY2026.
• Resolution 2 (Ordinary): Appointment of Adil Zainulbhai as Director retiring by rotation.
• Resolution 3 (Ordinary): Appointment of Rahul Joshi as Director retiring by rotation.
• Resolution 4 (Ordinary): Ratification of remuneration of Cost Auditor for FY2027.

Voting Outcome

• All resolutions passed with requisite majority.

AGM notice & e-voting

• 31st AGM notice published Aug 22, 2026 in Financial Express and Navshakti.
• E-voting facility provided; remote e-voting details included.
• Voting eligibility determined by member register cut-off date.
• Attendance at AGM allowed; voting via remote e-voting or at AGM.
• E-voting service provider: KFin Technologies Limited.

Overview

• BRSR for FY2025-26 filed for Network18 on standalone basis.

Governance & Compliance

• Board: 7 directors; 2 women; KMP: 1 woman.
• Policies cover all principles; Board approved; ABAC policy in place; value-chain coverage.

Environmental footprint

• Scope 1: 81.80 MtCO2e; Scope 2: 11,959 MtCO2e; intensity 0.06.
• Non-renewable energy: electricity 60,639,507 MJ; water withdrawal 55,181 kL; PPP intensity 5.74.

Social & Human Capital

• Staff: 4,905 total; 4,895 permanent; female 1,225.
• LTIFR 0; POSH complaints 2; board female 2/7; KMP female 1/3.

CSR & Stakeholder

• CSR: Applicable; not mandated to spend due to losses; turnover ₹22,87,23,40,984; net worth ₹54,28,59,39,912.
• Customer complaints: Data privacy 129; Advertising 1,170; Other 547; one data breach with no customer data exposure.

Financials

• Consolidated revenue ₹2,120.82 crore, up 4.7% YoY (excl. Q1 base, 7%).
• Standalone revenue ₹1,955.07 crore, up 3.1% YoY.
• PAT attributable to owners: Consolidated ₹152.21 crore.
• Consolidated EPS ₹0.99 per share.
• Standalone EPS after exceptional items ₹1.72 per share.
• Standalone EBITDA ₹45.60 crore; Consolidated EBITDA ₹43.70 crore.
• Borrowings (current) ₹3,112.84 crore; net debt ₹3,074.33 crore; net gearing 0.62x.
• Standalone cash and cash equivalents ₹33.86 crore; Consolidated ₹38.51 crore.
• Dividend for FY2025-26: not declared.
• AGM scheduled for 16 September 2026 via VC/OAVM.

Capital & liquidity

• Borrowings (current) ₹3,112.84 crore (consolidated).
• Net gearing (consolidated) 0.63x; (standalone) 0.62x.
• Consolidated cash and cash equivalents ₹38.51 crore; stand-alone ₹33.86 crore.

Strategic developments

• News18 Delhi-NCR launched to deepen regional coverage.
• News18 Marathi became wholly owned subsidiary Oct 2025; amalgamation planned.
• Board approved amalgamation of News18 Marathi with Network18, subject to approvals.
• Moneycontrol Super Pro launched; strong subscriber traction.
• Moneycontrol Pro reached 1 million active subscribers.
• Creator18 launched; onboarded 60 exclusive creators.
• CNN partnership renewed for a third decade.
• News18 Delhi-NCR expansion; Local18 covers 250+ districts.

Governance & governance controls

• Deloitte Haskins & Sells LLP retained as Statutory Auditors; unqualified report.
• Chandrasekharan Associates Secretarial Auditor; no qualifications.
• Raj Kumar Jain appointed Independent Director on 25 Mar 2026.
• Independent Directors declared independence; Board met on year; One ND joined AC in Mar 2026.
• Audit Committee: four directors; Raj Kumar Jain inducted 25 Mar 2026.
• RPT policy in place; related party transactions in ordinary course.

Market reach & operations

• Network18 operates 20 TV channels; 230M monthly viewers reach.
• Digital reach across own and third-party platforms over 350M monthly UVs.
• News network leadership in national and regional markets across languages.
• Local18 hyperlocal platform expanding reach to 250+ districts.

CSR & ESG

• BRSR published; CSR details disclosed; CSR spend nil due to negative average profits.
• CSR Committee held 1 meeting during FY2025-26.

People & HR

• Total employees: 4,905 as of 31 March 2026.
• Digital-first talent strategy; leadership development and upskilling continued.

Volume movement clarification

• Company states all required disclosures under Listing Regulations have been made; no undisclosed material information.