Entertainment Network (India) Limited has fixed Friday, September 18, 2026 as the record date for its 27th Annual General Meeting (AGM). Shareholders registered on this date will be eligible to attend the meeting and receive any dividend declared by the Board.

The company announced that the AGM will be held on Friday, September 25, 2026 at 3:00 pm through Video Conference (VC) or Other Audio-Visual Means (OAVM). This arrangement complies with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, and various circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI).

Meeting Participation and Voting

Members can participate in the AGM via the platform at https://emeetings.kfintech.com using their login credentials. Participation through VC/OAVM will count toward the quorum as per Section 103 of the Companies Act, 2013.

The company has enabled e-voting for all resolutions set out in the AGM notice. Key details regarding voting include:

• Members appearing on the Register of Members or list of Beneficial Owners as on September 18, 2026 are entitled to vote.
• Voting can be done remotely (remote e-voting) or electronically during the meeting (Insta Poll).
• Login credentials and passwords will be emailed to members at their registered email IDs.
• Queries regarding e-voting can be directed to KFin Technologies Limited (R&TA) at evoting@kfintech.com or by calling 040-67162222 / 1800-309-4001.

Annual Report and Document Access

In compliance with regulatory circulars, electronic copies of the Annual Report for FY25-26—including the Board’s Report, Auditors’ Report, and Audited Financial Statements—will be emailed to members with registered email addresses. The documents are also available on:

• The company website: www.enil.co.in
• Stock exchange websites: www.bseindia.com and www.nseindia.com
• KFin Technologies Limited website: https://evoting.kfintech.com

Members without registered email addresses will receive a letter containing the weblink to access the Annual Report, as per Regulation 36(1)(b) of the SEBI Listing Regulations.

Dividend and KYC Compliance

The company reiterated that dividend payments will be made only through electronic modes, in accordance with the SEBI Master Circular dated February 6, 2026. Physical instruments such as dividend warrants, cheques, or demand drafts will not be issued.

To facilitate dividend distribution and ensure compliance with tax regulations, members must:

• Furnish their Permanent Account Number (PAN), contact details, bank account details, and specimen signature for physical folios.
• Submit PAN, KYC, and nomination details to KFin Technologies Limited (for physical shareholders) or their Depository Participants (for demat holders).
• Link PAN with Aadhaar as mandated by SEBI.

Tax at Source (TDS) will be deducted on dividend payments as per the Income Tax Act, 2025. Members are advised to submit necessary documents to determine the applicable TDS rate.

Contact Information

For queries related to dividend, address updates, or bank details, members may contact KFin Technologies Limited at einward.ris@kfintech.com or call 040-67162222 / 1800-309-4001. The notice was issued by Mehul Shah, EVP–Compliance & Company Secretary, on behalf of the Board of Directors.

Entertainment Network (India) Limited reported a significant improvement in standalone operating profitability for Q1FY27, with EBITDA surging 42% year-on-year to ₹8.8 crore. This growth was achieved despite a 1.9% decline in total income to ₹111 crore, highlighting the effectiveness of the company's cost-rationalization strategy. The digital segment continued its strong momentum, with revenue growing 43.3% year-on-year and now accounting for 30.2% of the standalone business scale. Consolidated cash and cash equivalents stood at ₹390 crore as of June 30, 2026.

The Board of Directors approved the unaudited financial results on August 5, 2026, pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Walker Chandiok & Co LLP, the independent auditor, issued a limited review report confirming no material misstatements. The trading window for company securities re-opened after the mandatory 48-hour blackout period.

Financial Performance Overview

The standalone results reveal a divergence between top-line pressure and bottom-line resilience. While total income fell slightly to ₹111 crore from ₹112.96 crore in Q1FY26, operating expenditure decreased by 4.5% to ₹101.97 crore. This cost discipline drove the EBITDA expansion to ₹8.8 crore from ₹6.19 crore in the prior year period. However, net loss widened to ₹38.7 million from ₹55.9 million, reflecting ongoing investment phases and other expenses. The existing business segment contributed ₹797.0 million in revenue, with EBITDA growing 7.4% to ₹171.3 million and PAT improving 85.3% to ₹17.6 million.

The following table summarises key standalone financial metrics for the quarter:

Segmental Insights and Strategic Updates

The digital business, led by audio streaming platform Gaana, remains a key growth driver. Yatish Mehrishi, CEO of Entertainment Network (India) Limited, stated that the digital business maintained strong momentum with narrowing losses. The company reduced investment in the digital business to ₹8.3 crore from ₹9.8 crore in the same quarter last year, demonstrating improved operational leverage. Gaana-specific revenues reached ₹21.4 crore, up 19% year-on-year, while losses reduced by 15% to ₹8.3 crore.

Radio advertising faced headwinds due to soft industry conditions, but the company continues to execute hyperlocal solutions integrating radio, digital, and ground activations. Radio FCT Advertising segment delivered reported revenues of ₹62.2 crore, while the non-FCT segment stood at ₹17.5 crore, impacted by event cancellations and artist travel disruptions due to geopolitical conflicts in West Asia. International operations contributed ₹3 crore in revenue.

Strategic initiatives included a nationwide retailer appreciation campaign for JK Maxx Paints featuring simultaneous movie screenings across 21 cities, and an immersive campus activation for Royal Sandal targeting young women. Additionally, the Ministry of Information and Broadcasting approved the transfer of four FM stations to subsidiary Alternate Brand Solutions (India) Limited for ₹1,960 lakh plus taxes on July 17, 2026.

What the Numbers Show

The sharp expansion in standalone EBITDA margin alongside declining operating expenditure underscores the structural efficiency gains at Entertainment Network (India) Limited. The digital segment's growing contribution to revenue, now over 30% of the standalone business, combined with reduced investment requirements, signals a maturing digital ecosystem. While consolidated net losses persist, the widening PAT in the existing business and strong cash reserves of ₹390 crore provide a robust foundation for future growth and potential debt reduction. Inventory utilization declined by 8%, but effective rates improved by 4%, indicating pricing power amidst volume softness.