Creative Eye re-appoints Zuby Kochhar, appoints Praful Shah

1 min read     Updated on 30 May 2026, 06:07 PM
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Creative Eye Limited has re-appointed Ms. Zuby Kochhar as Whole Time Director for three years effective June 1, 2026, and appointed Mr. Praful Jadavji Shah as an additional Non-executive Independent Director effective May 26, 2026. Both appointments are subject to shareholder approval at the 40th Annual General Meeting.

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Creative Eye Limited re-appointed Ms. Zuby Kochhar as Whole Time Director and appointed Mr. Praful Jadavji Shah as an additional director (Non-executive and Independent) for a period of three years. The Board of Directors approved these decisions at its meeting held on May 26, 2026, based on the recommendations of the Nomination and Remuneration Committee. Ms. Kochhar's re-appointment is effective from June 1, 2026, subject to shareholder approval at the ensuing 40th Annual General Meeting. Mr. Shah's appointment is effective from May 26, 2026, also subject to shareholder approval.

Ms. Zuby Kochhar is an Indian film and television producer associated with the Hindi entertainment industry and is the mother of Mr. Ashutosh Kochhar, the Managing Director of the company. She brings experience in digital content strategy and production oversight. Mr. Praful Jadavji Shah is a seasoned business professional with over 25 years of experience in business operations and strategic planning. Following Mr. Shah's appointment, the Board reconstituted the Audit Committee, Nomination & Remuneration Committee, and Stakeholder Relationship Committee.

Director Details

Particulars Ms. Zuby Kochhar Mr. Praful Jadavji Shah
Designation Whole Time Director Additional Director (Non-executive and Independent)
Date of Appointment June 1, 2026 May 26, 2026
Term 3 Years 3 Years
DIN 00019868 07927339

Historical Stock Returns for Creative Eye

1 Day5 Days1 Month6 Months1 Year5 Years
+1.52%-0.59%-5.64%-5.77%-34.60%+112.38%

How will Ms. Kochhar's digital content strategy expertise influence Creative Eye's expansion into new media platforms?

What strategic initiatives is Mr. Shah expected to drive given his extensive background in business operations?

How will the reconstitution of key board committees impact the company's governance and compliance standards?

Creative Eye reports FY26 loss of ₹517.89 lakh, appoints director

2 min read     Updated on 28 May 2026, 09:20 AM
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Creative Eye Limited reported a net loss of ₹517.89 lakh for FY26, a significant increase from the previous year's loss of ₹71.76 lakh, primarily due to exceptional items of ₹337.79 lakh. Revenue from operations fell to ₹42.16 lakh from ₹260.81 lakh in FY25. The board approved the re-appointment of Ms. Zuby Kochhar as Whole Time Director and appointed Mr. Praful Jadavji Shah as an additional independent director.

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Creative Eye Limited reported a net loss of ₹517.89 lakh for the financial year ended March 31, 2026, widening from the loss of ₹71.76 lakh recorded in the previous year. The company's revenue from operations for the year stood at ₹42.16 lakh, a significant decrease from ₹260.81 lakh in FY25. The financial performance was impacted by exceptional items amounting to ₹337.79 lakh, arising from settlement awards with PBBCI - Doordarshan New Delhi. The audited standalone financial results were approved by the board in a meeting held on May 26, 2026.

For the quarter ended March 31, 2026, the media entity reported a net loss of ₹13.68 lakh, compared to a net profit of ₹23.04 lakh in the same quarter of the previous year. Total income from operations for the quarter was ₹42.16 lakh, down from ₹119.81 lakh in the prior year period. The basic and diluted earnings per share (EPS) for the year ended March 31, 2026, was a loss of ₹2.58, compared to a loss of ₹0.36 in the previous year. The company operates in a single business segment, "T.V. Content Production".

Board Appointments and Committee Composition

The board approved the re-appointment of Ms. Zuby Kochhar as Whole Time Director effective from June 1, 2026, for a period of three years, subject to shareholder approval. Additionally, Mr. Praful Jadavji Shah was appointed as an additional director (Non-executive and Independent) effective May 26, 2026, for three years. Consequently, the Audit Committee, Nomination & Remuneration Committee, and Stakeholder Relationship Committee were reconstituted to include Mr. Shah as a member.

Financial Performance Summary

The following table outlines the key financial metrics for Creative Eye Limited for the quarter and year ended March 31, 2026:

Particulars Quarter Ended 31/03/2026 (Audited) Year Ended 31/03/2026 (Audited)
Total Income from Operations (₹ in lacs) 42.16 42.16
Net Profit / (Loss) for the period after tax (₹ in lacs) (13.68) (517.89)
Total Comprehensive Income for the period (₹ in lacs) (21.26) (525.09)
Paid Up Equity Share Capital (₹ in lacs) 1,002.91 1,002.91
Basic and Diluted EPS (₹) (0.07) (2.58)

The statutory auditors, M/s STDJ & Company, Chartered Accountants, issued an audit report with an unmodified opinion on the standalone financial results. The total assets of the company as of March 31, 2026, stood at ₹2,266.32 lakh, compared to ₹2,751.10 lakh in the previous year.

Historical Stock Returns for Creative Eye

1 Day5 Days1 Month6 Months1 Year5 Years
+1.52%-0.59%-5.64%-5.77%-34.60%+112.38%

What strategic measures will Creative Eye Limited implement to reverse the sharp decline in operational revenue?

How will the settlement awards with PBBCI - Doordarshan impact the company's cash flow and financial stability in the coming year?

What are the expected contributions of the newly appointed board members to the company's turnaround strategy?

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1 Year Returns:-34.60%