Sahara One Media & Entertainment Ltd

e-Voting cut-off date update

• Beneficial owner data from NSDL/CDSL not received since 26 June 2026 despite payment of charges.
• This delay affects completion of statutory compliances and e-voting arrangements for the AGM.
• Company requests BSE to fix 26 June 2026 as second cut-off date replacing 23 September 2026.
• Scrutinizer to note this position while preparing the Scrutinizer's Report for the e-voting.
• The company will inform stock exchange and stakeholders accordingly.

Sahara One AGM Notice

• Subject: 45th AGM on Sep 30, 2026 via VC/OAVM.
• Record date and eligibility for voting: Sep 23, 2026.
• Remote e-voting window: Sep 27, 9:00 AM to Sep 29, 5:00 PM IST.
• AGM via VC/OAVM with no physical venue.
• Scrutinizer for e-voting: Neha Poddar, PCS (M.No. A33026).
• Notice and Annual Report available on Sahara's website and stock exchanges' portals.

Corrigendum context

• Clarifies inadvertent 'Sd/-' before authorised signatory in Sept 7, 2026 letter.
• Contents remain unchanged and valid.

Governance note

• CFO Prakash Chandra Tripathy signed the letter; corrigendum issued 8 Sep 2026.

Financial performance

• Standalone net loss FY2025-26: Rs 80.02k; prior year Rs 60.72k.
• Consolidated net loss FY2025-26: Rs 124.01k; prior year Rs 133.05k.
• Standalone EPS: Rs (0.37); Consolidated EPS: Rs (0.48).
• Dividend for FY2025-26: not declared.
• Revenue from operations largely nil in 2026; prior year Rs 19.75k.
• Standalone total expenses Rs 82.06k; prior year Rs 81.65k.
• Consolidated total expenses Rs 126.06k; prior year Rs 153.97k.
• Standalone net cash flow from operations Rs (0.17)k; consolidated Rs (0.52)k.

Capital structure & dividends

• Paid-up equity capital: Rs 2.15 crore.
• Promoters hold 74.99% stake.
• No differential voting rights or sweat equity issued in FY2025-26.
• Dividend per share: nil; no dividend declared.
• Trading suspended by BSE; revocation process ongoing.
• ISIN: INE479B01016; listing on BSE Limited.

Subsidiaries & investments

• Subsidiary Sahara Sanchaar Limited: 54.17% ownership; consolidated.
• Investment in Sahara Sanchaar carried at cost; impairment testing not performed.
• Other equity investments: Sahara India Life Insurance (FVOCI) and Sahara Care Limited (FVOCI).
• Sahara Sanchaar notes and forms annexed in annual report.

Governance & board

• Board size: 3 directors; 2 Independent; 1 Non-Executive.
• Rana Zia resigned as Whole-time Director; Company Secretary and another director resigned.
• Audit, Nomination & Remuneration, and Stakeholders Relationship Committees in place.
• Audit Committee met twice; frequency not in line with SEBI LODR requirements.
• Woman Director requirement not met; no woman on board.
• Secretarial Audit recorded 21 observations; management addressing.

Audit, risk & internal controls

• Statutory auditors: Gupta Rustagi & Co; Secretarial: MMA & Partners.
• Emphasis of matter: going concern remains a material uncertainty.
• Internal audit: No Internal Auditor appointed.
• Secretarial Audit flagged non-compliances; actions being taken.
• Related party transactions are arm's length; policy disclosed on website.

Regulatory & risk factors

• SEBI LODR 2015 non-compliances; BSE trading suspended; revival under process.
• Litigation: Sahara-SEBI refund account and Supreme Court matters; recovery expectations noted.
• Tax disputes and service tax demands; some under appeal; no tax expense recognized.
• IBC applications: none; no ongoing insolvency proceedings.
• MSME/Deposits: Form DPT-3 not filed; other regulatory filings pending.

AGM & corporate actions

• 45th AGM slated for 30 September 2026 via video conferencing.
• Notice indicates ordinary business: adoption of standalone and consolidated financial statements.
• Remote e-voting window: 27-29 September 2026; NSDL platform.
• Directors recommended for appointment/reelection: Madhukar as Independent Director.

AGM Details

• AGM scheduled for Sep 30, 2026 at 01:00 PM IST, via Video Conferencing.
• Remote e-voting window runs from Sep 27, 2026, 09:00 AM IST to Sep 29, 2026, 05:00 PM IST.
• Cut-off date for voting eligibility is Sep 23, 2026.
• Notice forms part of the annual report and is published on the company's website.
• NSDL to provide remote e-voting facility for AGM.

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.

Meeting Details

• Board meeting scheduled on 4th April 2026 at 3:00 PM via video conferencing

Key Agenda Items

• Consider and approve unaudited standalone financial results for quarter ended 30th Sep 2025