Prabhat Technologies (India) Ltd

Governance appointments

• Statutory Auditor Harish Arora & Associates appointed for second 5-year term (18th–23rd AGM), effective 30 Sep 2026.
• Secretarial Auditor Shekhawat & Associates appointed for 5-year term (18th–23rd AGM), effective 30 Sep 2026.
• Regularization of Mr. Aakash Vishwamani Tiwari as Non-Executive Non-Independent Director; first appointment 15 May 2026.
• Harish Arora & Associates background: audit, accounting, taxation and advisory services.
• Shekhawat & Associates background: Secretarial firm with 11+ years’ experience; quality reviewed by ICSI.
• Mr. Aakash Vishwamani Tiwari background: 3D animation, modeling, VFX leadership.
• No pecuniary relationships between Mr. Aakash Tiwari and other directors.

Prabhat Technologies (India) Limited: Trading window closed from October 01, 2026 till 48 hours after the declaration of Un-audited Financial Results (Consolidated and Standalone) of the Company for the quarter and half year ended September 30, 2026.

AGM Details

• Date/time: 30-09-2026, 1:00 PM, via VC/OAVM.
• E-voting cut-off date: 23-09-2026.
• Remote e-voting window: 27-09-2026 09:00 AM to 29-09-2026 05:00 PM.

Ordinary Business

• Adopt standalone financial statements for year ended 31-03-2026.
• Adopt consolidated financial statements for year ended 31-03-2026.
• Re-appoint Chhedilal Pandey, retire-by-rotation.
• Re-appoint Harish Arora & Associates as Statutory Auditors for second five-year term; remuneration to be decided by Board.

Special Business

• Regularise Aakash Vishwamani Tiwari as Non-Executive Director.
• Appoint M/s Shekhawat & Associates as Secretarial Auditor for five years.
• Approve loans/guarantees/security to subsidiaries up to Rs 100 Crores.
• Approve investments up to Rs 100 Crores in subsidiaries/associates.
• Increase borrowing powers to Rs 100 Crores.

Director Appointments & Changes

• Chhedilal Pandey retires by rotation; re-appointment proposed.
• Aakash Vishwamani Tiwari appointed Additional Director from 15 May 2026; regularisation proposed.

Financial performance

• Standalone revenue from operations: 0.02 lakhs; prior year 99.86.
• Standalone total income: 399.04 lakhs; prior 192.08.
• Standalone net loss after tax: 3921.64 lakhs; prior 30.28.
• Consolidated revenue from operations: 0.02 lakhs; prior 137.79.
• Consolidated total income: 510.89 lakhs; prior 232.57.
• Consolidated net loss after tax: 3831.96 lakhs; prior 54.96.
• Standalone EPS (basic and diluted): (36.63).
• Consolidated EPS (basic and diluted): (35.79).
• Dividend: Board did not declare any dividend.
• Trading suspended since Jan 20, 2024 due to CIRP.

Capital & liquidity

• Authorized share capital: Rs 12,00,00,000; paid-up Rs 10,70,62,770.
• There was no change in share capital during the year.
• Public deposits: not accepted during the year.
• Promoter stake: 70.13% as of Mar 31, 2026.
• Current ratio 0.13; Debt-Equity ratio (2.67); Debt service coverage 0.07.
• Net debt to equity gearing: -2.67; equity eroded.
• Resolution Plan approved by NCLT on Oct 16, 2025; CIRP concluded.
• Subsidiaries: Prabhatech Global Industries Pvt Ltd; Prabhat Telecoms Hong Kong Ltd.
• Securities suspended from trading since Jan 2024.

Corporate actions & governance

• Resolution Plan approved; revival plan underway post-CIRP.
• Board reconstitution in progress; Independent Directors not yet appointed.
• Kamlesh M. Gori appointed CEO on Apr 30, 2026.
• Ms. Sanjana Kumari appointed Company Secretary on Aug 18, 2026.
• Board meetings held: 9 during FY2025-26.
• CIRP concluded; revival plan to be implemented per terms.
• Statutory Auditor: Harish Arora & Associates; tenure extended to 23rd AGM.
• Secretarial Auditor: Shekhawat & Associates; Annexure VIII included.

Subsidiaries & related parties

• Subsidiaries: Prabhatech Global Industries Private Limited (100%); Prabhat Telecoms Hong Kong Limited (100%) – defunct.
• Related party: Prabhat Renewable Energy & Agro Limited — rent income 11.80; rent received 6.20; loan 120.00.
• Related party: Prabhat Charter Infra Services Private Limited — rent income 5.90; rent received 2.11.
• Balance with related parties: PRA 17.93; Prabhat Charter Infra 4.87; Prabhatech Global Industries Nil.

Audits & governance flags

• Statutory Auditor Harish Arora & Associates; tenure extended to 23rd AGM.
• Internal audit: appointment under consideration.
• Secretarial audit: M/s Shekhawat & Associates; Annexure VIII.
• Observations: delays in quarterly results filings; website not maintained; independent directors not appointed.

Outlook & risks

• Outlook: focus on revival, stabilize operations, and pursue entertainment opportunities.
• Risks: ongoing losses, liquidity constraints, CIRP uncertainties.
• Trading status: shares remain suspended; revival efforts ongoing.

Financial results approved

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

Key appointment

• Ms. Sanjana Kumari appointed Company Secretary, Compliance Officer and KMP, effective 18 August 2026.

Regulatory/compliance actions

• Results to be published in newspapers as per Regulation 47(1)(b).

Auditors' opinion declaration

• CFO declares limited review report on Q1 FY2026-27 results with unmodified opinion.

Meeting and trading window update

• Board meeting adjourned from August 14, 2026 to August 18, 2026 due to unavoidable reasons.
• Agenda includes unaudited standalone and consolidated financial results for quarter ended June 30, 2026 with Limited Review.
• Trading window remains closed from July 1, 2026 until 48 hours after results declaration.
• Other business with chair's permission may be considered.

Meeting Details

• Board meeting on August 14, 2026; time and venue not disclosed.

Key Agenda Items

• Un-audited standalone financial results for quarter ended June 30, 2026 with Limited Review Report.
• Un-audited consolidated financial results for quarter ended June 30, 2026 with Limited Review Report.
• Any other business with the permission of the chair.

Other Notes

• Trading window closed from July 01, 2026 till 48 hours after declaration of the results.