Board MeetingOutcome of Board Meeting
Board approves standalone audited results for year ended 31 March 2026; auditor cites going concern.
Financial results and board approval
- Audited standalone results for quarter and year ended 31 March 2026 approved by Board on 30 May 2026.
- Standalone results; auditor's report is qualified due to going concern and SEBI-related issues.
- Audit Committee recommended; Board approved results on 30 May 2026.
- Gratuity trust dissolution emphasized; no impact on opinion.
- Going concern uncertainty highlighted: funding, debtor recovery, and project delays.
- Deposit of Rs 6.94 crore to SEBI refund account referenced.
- SEBI penalties and potential promoter Demat freeze noted.
- Content advances of Rs 191.6 million pending; recoverability doubtful.
- Impairment testing for subsidiary not performed; potential higher losses.
- Rights for related-party content licenses expired; new agreement pending.
- Total assets Rs 23,053.38 Lakhs; total equity Rs 17,966.25 Lakhs.