Sea TV Network Ltd

Sea TV Network Limited — Trading Window closed from 1 October, 2026 till completion of 48 hours after the declaration of Unaudited Standalone & Consolidated Financial Results for the quarter and half year ended 30 September 2026.

AGM Details

• AGM held on September 28, 2026 at 10:00 AM via VC/OAVM.
• Remote e-voting from September 25–27, 2026; voting during AGM also allowed.
• Cut-off date for voting: September 21, 2026.
• Proxies not allowed; attendance via VC/OAVM counted for quorum.

Key Resolutions

• Item 1 (Ordinary): adopt standalone and consolidated financial statements for FY 2025-26.
• Item 2 (Ordinary): appoint/re-appoint director Sonal Jain, retire by rotation.
• Item 3 (Special): approval under Section 186 of the Companies Act.

Voting Results

• Item 1: passed with 100% in favour; no dissent.
• Item 2: 99.9856% in favour; 0.0144% dissent.
• Item 3: 99.9856% in favour; 0.0144% dissent.

Director Changes

• Director Sonal Jain retired by rotation and re-appointed.

AGM Details and Proceedings

• AGM held on 28 September 2026 at 10:00 A.M. IST via VC/OAVM.
• Deemed venue: registered office at Agra; quorum: 35 members via VC/OAVM.
• Remote e-voting from 25 to 27 September 2026; on-site voting during AGM.
• Three resolutions were proposed: two ordinary and one special.
• All resolutions passed by the requisite majority.
• Auditor's report contained a qualification on interest non-recognition on unsecured loans; management considering lender restructuring.
• Post-AGM e-voting remained open for 15 minutes; Scrutinizer appointed.
• Meeting commenced 10:00 A.M. and concluded at 10:53 A.M.

AGM & Voting Arrangements

• Notice of 22nd AGM approved for 28 September 2026 via VC/OAVM.
• Cut-off date for voting fixed as 21 September 2026.
• Remote e-voting period approved: 25-27 September 2026.

Shareholder Records

• Closure of Register of Members and Share Transfer Books 21-28 September 2026.

Directors & Scrutinizer

• Sonal Jain retires by rotation; recommended for re-appointment.
• Scrutinizer appointed: M/s Sonia Rani & Associates for AGM.

Auditors & Internal Controls

• Internal Auditor appointed: M/s Ashutosh Agarwal & Co for FY 2026-27.
• Audit notes: non-payment of unsecured loan interest; penalties for delays noted.

Corporate Actions & Investments

• Cable Business closure approved; discontinuation of related operations.
• Section 186 approvals for investments up to Rs 100 crore.

Nature of Restructuring

• Board approved closure of cable operations due to insignificance and non-viability.

Entities Involved

• Sea TV Network Limited is the listed company; cable business unit to be closed.

Key Transaction Details

• Closure of cable operations and surrender of DAS license; completion projected by 31 December 2026.

Financial Impact

• FY2025-26 cable unit turnover nil; negligible impact on consolidated profits and net worth.

Rationale and Strategic Objectives

• Strategic realignment to focus on core business areas; non-viability and operational challenges.

Related Party / Shareholder Impact

• Not a related party transaction; no change in shareholding pattern.

Approvals and Timeline

• Board approved on 03 Sep 2026; regulatory surrender upon compliance, completion by 31 Dec 2026.

Appointments

• Appointed Mr. Aman Khandelwal as Company Secretary and Compliance Officer, KMP, w.e.f. 10 August 2026.
• Board approved appointment on 10 August 2026 following Nomination and Remuneration Committee recommendation.
• Role: Company Secretary and Compliance Officer designated as Key Managerial Personnel.
• Profile: ICSI Associate Member with LL.B. and experience in securities, corporate governance, and secretarial compliance.

Resignation Details

• Resignation of Karishma Jain as Company Secretary and Compliance Officer, effective 28 July 2026.
• Resignation letter dated 18 July 2026; due to personal reasons.
• No outstanding dues or obligations to the company.
• Company to identify and appoint a new CS & CO; stock exchange update to follow.
• Shareholding in the company: Nil.

Board actions & results

• Board approved unaudited standalone and consolidated results for Q1 ended 30 June 2026.
• Limited Review Report by statutory auditors attached.
• Meeting held via VC/OAVM on 25 July 2026.
• Meeting duration 04:30–05:07 PM IST.

Resignation of Company Secretary & Compliance Officer

• Ms. Karishma Jain resigned as Company Secretary & Compliance Officer; effective 28 July 2026.
• Resignation due to personal reasons; no other material reasons.
• Company to appoint new CS & Compliance Officer; intimations to stock exchange to follow.
• Effective date 28 July 2026, per resignation letter dated 18 July 2026.
• She has no outstanding dues or obligations.