Eforu Entertainment Ltd has entered into an agreement with M/s Ambigramy LLC to introduce and facilitate engagement between the international entity and two music artists. The agreement, disclosed on June 22, 2026, outlines specific compensation that the company will receive for its services, totaling USD 65,000. This strategic move aims to leverage international artist partnerships to enhance the company's entertainment portfolio.

The agreement was formalized pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s Ambigramy LLC, based at 25 Rosewood Court in Sayreville, New Jersey, is the counterparty in this transaction. The company will facilitate the engagement for two separate music artists and their respective teams.

Financial Considerations

The commercial terms of the agreement specify the compensation structure for the services provided by Eforu Entertainment Ltd. The consideration is divided between the two artists as follows:

The filing confirms that no specific time period is associated with the order or contract. Furthermore, the disclosure states that the promoters, promoter group, or group companies do not hold any interest in M/s Ambigramy LLC. The transaction does not fall within the scope of related party transactions.

Regulatory Disclosure

The intimation was submitted to the Manager of the Listing Department at BSE Limited. The details were provided in accordance with SEBI Circular no SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The document was signed by Mokshaben Ravjibhai Patel, Whole-Time Director of the company.

EFORU Entertainment held an Extra-Ordinary General Meeting (EGM) on June 5, 2026, to approve the issuance of equity shares on a preferential basis. The special resolution was passed with 99.99% of votes polled in favor, securing 36,16,809 votes against 71. The meeting was conducted through Video Conferencing (VC) and Other Audio-Visual Means (OAVM) in compliance with circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India (SEBI).

The requisite quorum was present with 20 shareholders participating in the proceedings. The EGM commenced at 03:04 P.M. and concluded at 03:29 P.M. Ms. Mokshaben Ravjibhai Patel, Whole Time Director and Chairperson, declared the meeting commenced. The proceedings were overseen by key personnel, including Independent Directors Mr. Parimal Suryakant Patwa, Mr. Harsh Kothari, and Ms. Sona Bachani, along with Mrs. Riddhi Mit Shah, Company Secretary & Compliance Officer.

Mr. Nayan Prafulbhaj Pitroda, a Practicing Company Secretary, was appointed as the scrutinizer to oversee the e-voting process. Remote e-voting commenced on June 2, 2026, and concluded on June 4, 2026. Shareholders as on the cut-off date of May 29, 2026, were eligible to vote. The scrutinizer reported that the votes cast electronically were unblocked on June 5, 2026, in the presence of two witnesses who are not employees of the company.

Voting Results

The resolution to issue equity shares on a preferential basis received strong support from the Promoter and Promoter Group, which cast 33,16,116 votes in favor, representing 100% of their polled votes. Public shareholders also supported the resolution, with 3,00,693 votes in favor. The total number of shareholders on record was 1,216.

Attendees at the EGM