Cinevista Limited promoters have confirmed that they did not encumber or pledge any shares during the financial year ended March 31, 2026. The disclosure, submitted to the stock exchanges on April 7, 2026, confirms that zero shares held by the promoters were encumbered as of the fiscal year-end. This compliance filing was made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

The confirmation was provided by Sunil Mehta, a promoter of the company, on behalf of himself and the Promoters Group or Persons Acting in Concert (PAC). The letter explicitly states that no direct or indirect encumbrance was made on the shares held by the promoters in Cinevista Limited during FY26.

Key Disclosures

The filing provided specific details regarding the status of shareholding by the promoters for the period under review.

The submission was addressed to the Corporate Service Departments of BSE Limited and The National Stock Exchange of India Ltd. The company secretary, Kilpa Goradia, signed the cover letter enclosing the promoter's disclosure for the company's records.

Cinevista Limited has announced the outcome of its board meeting held on May 6, 2026, where the directors approved the audited financial results for the quarter and financial year ended March 31, 2026. The meeting, which commenced at 2:00 p.m. and concluded at 3:50 p.m. at the company's registered office in Mumbai, also considered the draft notice for the 29th Annual General Meeting scheduled for June 30, 2026. In addition, the company has submitted a formal disclosure on the impact of audit qualifications pursuant to SEBI Circular No. CIR/CFD/CMD/56/2016 dated May 27, 2016, under Regulation 33 of the SEBI (LODR) (Amendment) Regulations, 2016.

Financial Performance Overview

For the financial year ended March 31, 2026, Cinevista reported a total income of Rs. 2,404.46 lakh and a net profit of Rs. 610.18 lakh on a standalone basis. The earnings per share (EPS) for the year stood at 1.06. The board approved the Standalone and Consolidated Audited Financial Results, along with the Cash Flow Statement, Balance Sheet, and Profit & Loss Statement.

The standalone and consolidated financial figures, as disclosed in the Statement on Impact of Audit Qualifications, are presented below:

Standalone Financial Figures (Rs. In Lakhs)

Consolidated Financial Figures (Rs. In Lakhs)

Segment Reporting

The company operates primarily in the Real Estate and Media business segments. The following table presents the standalone segment-wise revenue for the year ended March 31, 2026, alongside the prior year comparatives:

Standalone Segment Revenue (Rs. In Lakhs)

Standalone Segment Results — Profit/(Loss) Before Tax and Interest (Rs. In Lakhs)

The consolidated segment revenue mirrored the standalone figures, with the Real Estate business contributing Rs. 2,390.59 lakh and the Media business contributing Rs. 6.70 lakh for the year ended March 31, 2026, against Rs. 1,146.05 lakh and Rs. 8.30 lakh respectively in the prior year. The consolidated profit before tax stood at Rs. 784.10 lakh for the year ended March 31, 2026, compared to a loss of Rs. 2,183.26 lakh in the prior year.

Standalone Segment Assets (Rs. In Lakhs)

Standalone Segment Liabilities (Rs. In Lakhs)

Audit Qualifications and Management Response

M/s. Raj Niranjan Associates, Chartered Accountants (Firm Regn. No.: 108309 W), issued an audit report with a qualified opinion on both the standalone and consolidated financial statements. The qualifications are recurring in nature, with a frequency classified as "Multiple."

On the standalone financials, the auditors raised two key qualifications. First, the company has not carried out impairment on its investments and advances in subsidiary companies as required by Ind AS 36 and continues to carry them at cost. The auditors opined that had impairment been carried out, the profit for the current year would have decreased by Rs. 62,34,550 and Rs. 3,75,61,682 on investments and advances, respectively. Second, the auditors drew attention to intangible assets with a carrying amount of ₹21,88,73,854 as at March 31, 2026, on which no impairment has been recognized despite indicators of impairment existing. The auditors noted they were unable to determine whether any adjustment was necessary, given the absence of documents for realizable value and their lack of technical qualification to value such assets.

On the consolidated financials, the auditors similarly flagged the non-impairment of intangible assets with a carrying amount of ₹21,88,73,854, citing the same basis as the standalone qualification.

In response, management stated that it is hopeful of recovering investments and advances to subsidiaries. Regarding intangible assets, management maintained that impairment is not necessary at this stage, as it expects to generate income in future through monetization of these assets across different avenues and streams. Management's estimation of the impact of unquantified audit qualifications was stated as Nil.

Corporate Governance and AGM

The board approved the closure of the Register of Members and Share Transfer Books from June 23, 2026, to June 30, 2026, for the purpose of the Annual General Meeting. The AGM is scheduled to be held on June 30, 2026, at 11:00 a.m. at Jashn Studios, 7th Floor, 705, N Square, 24th Road, Off Linking Road, Beside Los Cavos, Bandra (W), Mumbai. The company also confirmed that the financial results would be published in The Financial Express and Mumbai Lakshadeep on May 7, 2026. The disclosure was signed by Company Secretary Kilpa Goradia (M. No.: F11934), with signatories including CEO/Managing Director Sunil Mehta, CFO Vijay Singh Phoolka, and Audit Committee Chairman Mahrukh Shavak Chikliwala.