Entertainment Network has scheduled its 27th Annual General Meeting for Friday, September 25, 2026. The event will be conducted through Video Conference or Other Audio-Visual Means at 3:00 pm.

The company circulated electronic copies of the Annual Report for FY26 to registered members on Wednesday, September 2, 2026. The report includes the Board of Directors' Report, Auditors' Report, and Audited Standalone and Consolidated Financial Statements.

Agenda Items

The AGM notice outlines several key business items for shareholder approval:

• Adoption of audited financial statements for FY26.
• Declaration of dividend on equity shares.
• Reappointment of Mr. Richard Saldanha as a Non-Executive Director.
• Ratification of remuneration for cost auditors.

Corporate Governance Changes

A significant special resolution seeks to alter the Articles of Association. This change aligns with a Composite Scheme of Arrangement approved by the National Company Law Tribunal on February 4, 2026. The amendment transfers specific shareholder rights from Bennett, Coleman & Company Limited to Times Horizon Private Limited.

These rights include the appointment of the Chairperson and up to one-third of the Board of Directors, provided Times Horizon Private Limited holds at least 26% of the paid-up share capital.

Voting and Participation

The record date for determining shareholder eligibility for the dividend and voting rights is set for Friday, September 18, 2026. Remote e-voting will commence on Sunday, September 20, 2026, and conclude on Thursday, September 24, 2026.

Shareholders can participate via the KFin Technologies Limited platform. Institutional investors and large shareholders holding 2% or more can attend without restriction. Other members may join on a first-come, first-served basis.

Queries regarding the Annual Report must be submitted by Wednesday, September 23, 2026. Speaker registration closes on the same date.

Times Horizon Private Limited has acquired a 71.15% stake in Entertainment Network (India) Limited following the implementation of a composite scheme of arrangement. The transaction marks the transfer of promoter control from Bennett, Coleman & Company Limited to THPL and its persons acting in concert.

The acquisition was executed pursuant to a scheme involving BCCL, Times Horizon Private Limited, and their respective shareholders and creditors. The Hon'ble National Company Law Tribunal, Mumbai bench, approved the arrangement under Sections 230 to 232 of the Companies Act, 2013. The effective date of the scheme was September 1, 2026.

Transaction Details

THPL acquired 3,39,18,400 equity shares carrying voting rights from BCCL. Prior to this transaction, BCCL held no encumbered shares, warrants, or convertible securities in the target company. The shares acquired have a face value of ₹10 each.

Following the sale, BCCL's holding in Entertainment Network stands at zero. THPL now holds 71.15% of the equity shares and voting rights. The total equity share capital of the target company remains unchanged at 4,76,70,415 equity shares of ₹10 each, amounting to ₹47,67,04,150.

Promoter Group Structure

Pursuant to the scheme, THPL has become a promoter of the Target Company. Sanmati Properties Limited, Arth Udyog Limited, TM Investments Limited, Mr. Vineet Jain, and Bharat Nidhi Limited are categorized as members of the promoter group. These entities are acting in concert with respect to the aggregate voting rights held by them in THPL, which constitutes 50.05% of the total voting rights in THPL.

As part of the scheme consideration, THPL issued one fully paid-up equity share to each shareholder of BCCL for every share held. Additionally, THPL allotted 2,86,955 fully paid-up equity shares to Sanmati Properties Limited on a preferential basis.

Regulatory Compliance

The disclosure was made under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 by THPL and its PACs. A separate disclosure regarding BCCL's disposal was made under Regulation 29(2). Chanda Makhija Thadani, Company Secretary of BCCL, certified the filing submitted to both the National Stock Exchange and BSE Limited.