Amagi Media Labs has scheduled its 18th Annual General Meeting for September 23, 2026, at 11:00 am via video conferencing. The meeting will address the adoption of financial results for FY26, director reappointments, and structural changes to authorized share capital.

Shareholders holding shares as on September 17, 2026, are eligible to vote. Remote e-voting will be open from September 20 to September 22, 2026, through the National Securities Depository Limited platform.

Financial Performance Context

The AGM agenda follows a significant turnaround in the company’s financial trajectory. For FY26, Amagi reported revenue from operations of ₹9,492.32 million and a net profit of ₹264.47 million. This marks a shift from the net loss of ₹1,220.69 million recorded in FY25, when revenue stood at ₹6,669.84 million.

No dividend was declared for FY26. The company continues to invest in technology, talent, and AI initiatives, which management notes may impact profitability levels despite the return to profit.

Management Reappointments

The Board seeks shareholder approval for the reappointment of Mr. Shekhar Kirani Hanumanthasetty as a non-executive director liable to retire by rotation. Mr. Hanumanthasetty, a nominee director representing Accel India VI, does not draw remuneration.

Additionally, shareholders will vote on the reappointment of Mr. Baskar Subramanian as Managing Director and Chief Executive Officer for a five-year term commencing December 1, 2026. Mr. Subramanian’s proposed annual remuneration is capped at ₹4.070 crore, comprising ₹2.035 crore in fixed pay and ₹2.035 crore in variable pay. This represents an increase from his previous remuneration of ₹3.59 crore per annum. Annual increments during the term are capped at 7.5%.

Capital Structure Changes

The company proposes to reclassify its authorized share capital without altering the total amount of ₹2,47,25,13,655. The move converts authorized but unissued Compulsorily Convertible Preference Shares (CCPS) and Optionally Convertible Preference Shares (OCPS) into Ordinary Equity Shares.

This simplification aligns the company’s capital structure with its status as a listed entity with a single class of equity shares. All outstanding CCPS and OCPS were converted prior to the January 21, 2026 listing. The reclassification aims to provide greater flexibility for future equity-based capital raising activities, including ESOPs and preferential allotments.

Secretarial Audit Appointment

The Board also recommends the appointment of M/s. BMP & Co. LLP as Secretarial Auditors for five consecutive years, from FY27 to FY31. The proposed remuneration is ₹4 lakh per annum plus applicable taxes and out-of-pocket expenses for the initial year, with subsequent hikes subject to mutual agreement.

Amagi Media Labs announced on August 25, 2026, that Law&Crime has completed the migration of its Court TV channel to the Amagi CLOUDPORT platform. The company disclosed this development pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The migration consolidates Court TV’s live broadcast and Free Ad-supported Streaming TV (FAST) operations onto a single automated cloud infrastructure. This replaces previous manual systems, aiming to improve reliability and support growth across connected TV and streaming platforms.

Operational Transition Details

Law&Crime initiated the in-house migration of Court TV following its acquisition of the network. The project required completing the transition within five months without disrupting real-time breaking news coverage. Amagi developed custom automation to support key operational workflows, ensuring seamless live coverage throughout the process.

Court TV broadcasts approximately 10 hours of live programming each weekday. These broadcasts are automatically repackaged into weekend syndication without manual rebuilding. Before going live, Amagi tested every playlist, metadata feed, and distribution endpoint against the prior setup.

To address late-stage readiness concerns, Amagi provided ten days of hands-on hypercare and stationed an onboarding specialist on-site for the first week. The result was a zero-disruption move across all downstream platforms.

Executive Commentary

Debasish Mishra, Chief Technology Officer at Law&Crime, emphasized the tight timeline and lack of room for downtime. He noted that the partnership allowed them to adjust plans when necessary, resulting in origination infrastructure that scales as their footprint grows across broadcast, FAST, and streaming.

Srinivasan KA, Co-founder and President-Global Business at Amagi, stated that the team delivered precision in migrating live operations without disruption. By unifying broadcast and FAST on CLOUDPORT, the automation of day-to-day scheduling and playout allows the Court TV team to focus on programming rather than operations.

What the Numbers Show

The source data highlights a significant operational efficiency gain through automation. With 10 hours of daily live programming being automatically repackaged for weekend syndication, the elimination of manual rebuilding processes suggests a reduction in operational overhead and potential error rates associated with manual playlist management. This automation directly supports the company's claim of freeing up resources for programming focus.