Eros International Media Limited has scheduled its 32nd Annual General Meeting (AGM) for September 30, 2026, to adopt audited financial statements for FY26. The meeting will convene via Video Conferencing or Other Audio Video Means (VC/OAVM) at 3:00 pm.

The agenda includes ordinary business items such as the adoption of the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. Additionally, shareholders will vote on the re-appointment of Executive Director and CEO Pradeep Dwivedi, who retires by rotation.

Financial Performance Overview

The company reported a significant decline in financial metrics for FY26 compared to the previous year. Consolidated revenues fell by 81% to ₹6,086 lakh from ₹31,650 lakh in FY25. The consolidated net loss attributable to equity shareholders widened to ₹13,736 lakh, compared to a profit of ₹11,502 lakh in the prior year.

On a standalone basis, revenues decreased by 68% to ₹5,163 lakh. The standalone net loss stood at ₹10,186 lakh, against a loss of ₹1,013 lakh in FY25. Diluted earnings per share (EPS) decreased to (₹14.32) on a consolidated basis and (₹10.62) on a standalone basis.

Special Business Resolutions

The meeting will transact special business regarding board composition and director compensation. A special resolution seeks shareholder approval for the re-appointment of Manmohan Kumar Sardana as an Independent Non-Executive Director. Mr. Sardana, who turns 82 in September 2026, is eligible for a second term of five consecutive years, concluding at the AGM in calendar year 2031.

An ordinary resolution proposes authorizing the payment of remuneration to Non-Executive Directors, including Independent Directors, for the financial years 2026-27, 2027-28, and 2028-29. This authorization applies in cases of no or inadequate profits, calculated under Section 198 of the Companies Act, 2013. The company noted that no commission was paid to Non-Executive Directors in FY25-26 due to financial losses.

Remuneration Details

The proposed maximum remuneration limits for FY26-27 are outlined below:

The Board recommended these limits based on the company's effective capital, as prescribed under Schedule V of the Act. The resolution allows the Board to distribute this remuneration among eligible directors based on attendance and contribution.

Voting and Book Closure

The Register of Members and Share Transfer Books will remain closed from September 24, 2026, to September 30, 2026. Remote e-voting facilities are available from September 26, 2026, at 9:00 am to September 29, 2026, at 5:00 pm. The cut-off date for determining voting eligibility is September 23, 2026.

What the Numbers Show

The sharp contraction in revenue, down 81% on a consolidated basis, coincides with a reversal from profit to a significant net loss of ₹13,736 lakh. This shift highlights the impact of operational challenges and potential impairments during the fiscal year, necessitating the proposed fixed remuneration structure for non-executive directors under Schedule V due to inadequate profits.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE416L01017/263abb91-6753-4a8a-a2cf-51be029ba7f9.pdf

Eros Worldwide FZE, the promoter of Eros International Media Ltd, has disclosed that it held 65,30,807 shares as on March 31, 2026, with NIL encumbrance. The declaration confirms that no new encumbrances were created on the shares, directly or indirectly, during the financial year ended March 31, 2026, other than those already disclosed.

The disclosure was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to BSE Limited and the National Stock Exchange of India Limited, providing transparency regarding the promoter's holding status.

Shareholding Details

The following table outlines the promoter's shareholding position as of the specified date:

Regulatory Compliance

The filing was addressed to the Secretaries of both BSE Limited and the National Stock Exchange of India Limited. A copy of the disclosure was also marked to the Members of the Audit Committee and the Company Secretary & Compliance Officer of Eros International Media Ltd for their records.

The declaration was signed by Vijay Chand, Director of Eros Worldwide FZE, on behalf of the entity.