Radaan Mediaworks India Ltd

Director appointments

• Appointed as WTD; effective 1 Sep 2026 for 3 years; related to R. Sarathkumar and Radikaa Sarathkumar.
• Appointed as Non-exec Independent Director; effective 1 Sep 2026 for 5 years; not related to other directors.

Profiles of new appointees

• Rahhul Sarath: BSc Finance & Accountancy; IB Diploma; data analytics, inventory data transformation, KPI tracking.
• Uma: MBA in Import/Export; B.E. in Electronics & Instrumentation; 10 years in supply chain, ERP, compliance.

AGM Details

• Date and time: 29 September 2026 at 2:00 PM.
• Mode: Video Conference (VC/OAVM) per MCA SEBI guidelines.
• Venue: registered office deemed venue; quorum met; remote e-voting offered.

Resolutions

• Adopt Audited Financial Statements (standalone and consolidated) – Ordinary.
• Reappoint director retiring by rotation – Ordinary.
• Appoint Rahhul Sarath as Whole-time Director for five years – Special.
• Appoint Ms. M. Uma as Non-executive Independent Director – Ordinary.

Directors

• Mr. R. Sarathkumar retires by rotation and offers reappointment.
• Mr. Rahhul Sarath appointed as Whole-time Director for five years.
• Ms. M. Uma appointed as Non-executive Independent Director.

Voting Status

• Combined voting results to be declared within statutory time limit.

Radaan Mediaworks India Ltd trading window closed from 1 October, 2026 for quarter and half year ending 30 September, 2026; shall be re-opened 48 hours after announcement of the said financial results.

Key order impact

• CESTAT Chennai favorable final order allows CENVAT credit on telecast fees.
• It sets aside the demand of ₹5,32,43,696 for Oct 2012–Dec 2015.
• Domestic tribunal's decision benefits Radaan without adverse financial impact.
• Final Order No. FO/ST/A/40963-40965/2026-ST[DB], dated August 21, 2026.
• Order received today, Sept 7, 2026.
• Telecast fees qualify as eligible input services under CENVAT Rules 2004.
• No related party or promoter group involvement disclosed.
• Impact: positive, no adverse operational or financial impact.

Board actions and appointments

• Reconstituted Nomination & Remuneration Committee after resignation of Ms Rayane Radikaa.
• Appointed Rahhul Sarath as Executive Additional Director, effective 1 Sep 2026, subject to shareholder approval.
• Appointed Mrs. M. Uma as Independent Additional Director; 5-year term from 1 Sep 2026, subject to Special Resolution.
• Updated draft Annual Report for FY 2026-27.
• Company Secretary appointment on 13 June 2026 to ensure compliance.

Regulatory and compliance updates

• NSE observed delay in compliance; full compliance achieved with Company Secretary appointment on 13 June 2026.
• NSE notice: total fine Rs 35,400 incl GST; waiver process outlined.
• Board to place its comments on the fine at the next meeting.

Tax demand details

• Authority: Deputy Commissioner of Income-Tax, TDS Circle 2, Chennai (domestic tax authority).
• Nature and scope: demand under section 156 based on orders under 201(1)/201(1A) for FY 2023-24.
• Total demand: Rs 1,67,81,895 inclusive of interest.
• Disputed portion: Rs 66,43,825; the balance is undisputed and already accounted.
• Order dated 25 August 2026: TDS CIRCLE2/CHER02485A/2023-24.
• Impact and next steps: the company is examining the orders and will take necessary steps.

Krishnachandar – Independent Director

• Resigns as Independent Director; effective 18 August 2026; resignation letter dated 17 August 2026.
• Reason: personal commitments; confirms no other material reasons.
• Nil other listed directorships or committee memberships disclosed.

Radikaa Rayane – Non-Executive Director

• Resigns as Non-Executive Director; effective 18 August 2026; resignation letter dated 17 August 2026.
• Reason: personal reasons and commitments.