City Pulse Multiventures concludes 26th AGM via video conferencing

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Reviewed by
Riya DScanX News Team
Key Highlights
  • City Pulse Multiventures held its 26th AGM on September 28, 2026
  • Meeting conducted via Video Conferencing from 9:00 am to 9:09 am IST
  • Directors Arpitkumar Rajnikant Mehta, Kush A. Mehta, and Luvv Arpit Mehta attended
  • Voting results to be submitted separately as per SEBI regulations
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City Pulse Multiventures Limited held its 26th Annual General Meeting on September 28, 2026, at 9:00 am IST. The meeting was conducted through Video Conferencing and Other Audio Visual Means in compliance with regulatory guidelines.

The session concluded at 9:09 am. The company informed the Bombay Stock Exchange that the business was transacted as per the notice of the 26th AGM. Details of voting results are to be submitted separately under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Directors in attendance

The following directors were present during the meeting:

  • Arpitkumar Rajnikant Mehta, Chairman and Managing Director
  • Kush A. Mehta, Whole Time Director
  • Luvv Arpit Mehta, Whole Time Director

Meeting proceedings

Arpitkumar Rajnikant Mehta welcomed the members and introduced the directors, along with representatives of the statutory and secretarial auditors. The Company Secretary briefed attendees on general instructions for the AGM and e-voting procedures. After confirming the requisite quorum was present, the meeting was called to order.

The Chairman delivered a brief presentation to the shareholders. The proceedings were filed with BSE Limited under Regulation 30 Part A of Schedule III of the SEBI (LODR) Regulations, 2015.

Historical Stock Returns for City Pulse Multiventures

1 Day5 Days1 Month6 Months1 Year5 Years
+4.98%+9.62%-54.06%-97.03%-97.17%0.0%

What specific strategic initiatives or capital allocation plans did Chairman Arpitkumar Rajnikant Mehta highlight in his brief presentation to shareholders?

How will the upcoming disclosure of voting results under Regulation 44(3) reflect shareholder sentiment on key resolutions such as director appointments or dividend declarations?

Given the short nine-minute duration of the AGM, what implications does this have for future shareholder engagement and transparency expectations for City Pulse Multiventures?

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City Pulse Multiventures signs ₹9 crore upfront film promotion deal

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • City Pulse Multiventures signed a film promotion deal with Sunshine Pictures
  • The company receives an upfront payment of ₹9 crore plus GST
  • Additional compensation is tied to user-view metrics on digital platforms
  • The agreement covers 39 music videos and three digital shows
  • The contract auto-renews annually unless terminated with 30 days' notice
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City Pulse Multiventures Ltd has entered into a film promotion and digital advertising agreement with Sunshine Pictures Limited. The company will receive an upfront payment of ₹9 crore plus GST upon execution of the contract.

The agreement, executed on September 13, 2026, is effective from August 22, 2026. It mandates City Pulse to promote Sunshine Pictures’ audio-visual content across its digital and connected platforms.

Deal Structure and Compensation

The compensation model combines a fixed upfront fee with variable performance-based earnings. City Pulse is entitled to the ₹9 crore payment immediately against an invoice raised at execution.

Subsequent revenue depends on user engagement metrics. The company will be compensated on a user-view basis, calculated by multiplying qualifying views by the applicable rate per view specified in individual campaign orders.

Component Details
Upfront Payment ₹9 crore plus GST
Variable Compensation Based on qualifying views x rate per view
Billing Cycle Monthly or upon campaign completion
Payment Terms Within 30 days of invoice receipt

Content Scope and Duration

The agreement covers the display of trailers, teasers, songs, promotional videos, and other audio-visual content. Specific assets include 39 music videos and three digital shows: Bawra Mann (12 episodes), Ankahee (30 episodes), and Bada Jurm Choti Kahani (1 episode).

The initial term lasts one year from the effective date. It automatically renews for successive one-year periods unless either party provides at least 30 days’ written notice of non-renewal. The billing period concludes on March 31, 2027.

Regulatory Disclosures

City Pulse disclosed the transaction under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that Sunshine Pictures is not a related party and that the transaction was undertaken on an arm’s length basis.

The agreement does not result in any change in management or control of City Pulse. No shares were issued or transferred as part of this arrangement.

Historical Stock Returns for City Pulse Multiventures

1 Day5 Days1 Month6 Months1 Year5 Years
+4.98%+9.62%-54.06%-97.03%-97.17%0.0%

How might the variable compensation structure based on user views impact City Pulse's revenue stability and quarterly earnings volatility?

What is the potential for cross-promotional synergy between Sunshine Pictures' content and City Pulse's existing digital platform users?

Could this agreement signal a broader strategic shift for City Pulse towards becoming a dedicated media distribution partner rather than just a multiplex operator?

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1 Year Returns:-97.17%