Shalimar Productions Ltd

AGM Details

• AGM held 30 Sep 2026 at 10:00 AM at Vyanjan Banquet Hall, Andheri West, Mumbai.
• Remote e-voting active 27 Sep 2026 9:00 AM to 29 Sep 2026 5:00 PM.
• Meeting concluded at 10:58 AM.

Resolutions

• Adopt audited financial statements and reports – Ordinary.
• Re-appoint director Vikramjit Singh Gill (retiring by rotation) – Ordinary.
• Appoint statutory auditor – Ordinary.
• Approve material related party transactions – Ordinary.
• Borrowing limit of the company – Special.
• Authorize loans, guarantees, securities and investments under Sections 185/186 – Special.

Voting results

• Voting results not disclosed in the filing.

Director changes

• Vikramjit Singh Gill retires by rotation; re-appointment proposed.

Auditor appointments

• Statutory auditor appointment proposed; tenure details not disclosed.

Material related party transactions

• Material RPTs approved; counterparty and value not disclosed.

Shalimar Productions Limited — Trading window closed from 01 October 2026 till the expiry of 48 hours after the declaration of financial results for the half year ended 30 September 2026.

Book closure for AGM

• Book closure from September 24, 2026 to September 30, 2026 (inclusive) for the 41st AGM.
• AGM date is September 30, 2026.
• Purpose: to facilitate the Annual General Meeting.

FY2025-26 key financials

• Revenue from operations stood at Rs 16.44 Lakhs; down from Rs 266.55 Lakhs prior year.
• Total income Rs 16.46 Lakhs; down from Rs 267.85.
• Profit after tax Rs -119.27 Lakhs; prior year Rs -70.71.
• Paid-up capital Rs 9,843.28 Lakhs.
• Dividend: No dividend declared for FY2025-26.
• Depreciation and amortisation expense Rs 21.72 Lakhs.

Business developments

• NJOYMAX OTT platform launched January 2025; evaluating distribution partnerships and catalogue monetisation.
• Management pursuing additional digital content monetisation across licensing, re-packaging and platform distribution.
• Company exploring alternative revenue streams to improve profitability.

Balance sheet and liquidity

• Total assets Rs 10,810.30 Lakhs; equity Rs 10,016.04 Lakhs and liabilities Rs 794.26.
• Current assets Rs 3,790.71 Lakhs; current liabilities Rs 792.77 Lakhs; current ratio 4.78.
• Short-term borrowings Rs 212.82 Lakhs; cash Rs 6.11 Lakhs; bank balance Rs 0.92 Lakhs.
• Goodwill Rs 5,712.06 Lakhs; non-current assets Rs 7,019.59 Lakhs.

Capital structure and shareholders

• Authorized capital Rs 13,500 Lakhs; issued capital Rs 9,843.28 Lakhs; 984,328,313 shares.
• Promoter holding 6.03%; dematerialisation 99.85%.
• Book closure 24-30 Sep 2026; no new share issuances in FY2025-26.
• Dividend: No dividend declared.

Governance and audit

• Board of six; three independent; two women on board.
• Archana Gupta ceased Aug 4, 2025; Khushbu Bharkatya appointed Sept 22, 2025.
• Statutory auditors Bhatter & Associates; Ms Riddhi Kishor Trivedi appointed for 5 years from AGM.
• Secretarial auditors Kirti Sharma & Associates; non-compliance: independent directors not registered; SDD software not maintained.
• Audit Committee: Anju Pareek (Chair), Shubham Gupta, Shiwaginee Jaiswal; met 4 times in FY2025-26.

Related party transactions

• All RPTs approved by Audit Committee; arm's length; aggregate ceiling Rs 200 Crore for FY2026-27.
• RPT list includes Visagar Financial Services Ltd, Visagar Polytex, Maharashtra Corporation, Trisha Studios, Visagar Textiles, Njoymax OTT, Sagar Portfolio, Jagrecha Finance, etc.
• FY2025-26 related party remuneration: Kiran Kaur 7.09; Vikramjit Gill 4.53; Archana Gupta 2.99; Khushbu Bharkatya 1.26; Shubham Gupta 0.60; Shiwaginee Jaiswal 0.60.
• Outstanding balances: Visagar Textiles loan 40.00; Visagar Financial Services outstanding 780.55; Sagar Portfolio outstanding (11.25).

Risks and outlook

• MD&A highlights digital shift, cybersecurity, regulatory and macro risks.
• Industry outlook: Indian M&E to ~INR 3.3 trillion by 2028; AVGC growth potential.
• Company focuses on monetising existing content and NJOYMAX expansion; distribution dynamics evolve.

Financial results

• Standalone unaudited quarterly results for the quarter ended 30 June 2026 approved, with Limited Review Report enclosed.

Regulatory/compliance disclosures

• Trading window opens 48 hours after results release.
• Board meeting duration: 2:00 PM to 2:55 PM.
• Auditor's Limited Review Report notes no material misstatement and compliance with IND AS 34.

Meeting Details

• Date: 12 August 2026
• Venue: A-9, Shree Siddhivinayak Plaza, Plot No B-31, Off Link Road, Andheri West, Mumbai

Key Agenda Items

• Unaudited financial results for the quarter ended June 30, 2026

Other Notes

• Trading window closed from 01 July 2026; reopens 48 hours after results on 12 August 2026