Esha Media Research approves borrowing up to ₹50 crore at AGM
Esha Media Research Limited held its 43rd Annual General Meeting on July 7, 2026, approving key resolutions such as borrowing up to ₹50 crore and ratifying previous borrowings. Shareholders adopted the audited financial statements for FY26 and appointed M/s. SK Patodia & Associates LLP as statutory auditors. The meeting also regularized the appointments of several directors and approved managerial remuneration in excess of limits.
*this image is generated using AI for illustrative purposes only.
Esha Media Research Limited shareholders approved all resolutions at its 43rd Annual General Meeting held on July 7, 2026, through video conferencing. The meeting authorized the company to borrow funds up to ₹50 crore pursuant to Section 180(1)(c) of the Companies Act, 2013, and ratified the amount borrowed exceeding prescribed limits. Shareholders also adopted the audited financial statements for the financial year ended March 31, 2026.
The board sought approval to appoint M/s. SK Patodia & Associates LLP as statutory auditors. Additionally, the meeting resolved to regularize the appointments of several directors, including Rakesh Kumar Mudgal as Additional Executive Director & Chief Financial Officer, Ashok Kumar Thakur, Reena U Wagh, and Dimple Joshi as Additional Independent Non-Executive Directors, and Siddharth Subhash Saraf as Managing Director. Shareholders also approved the payment of managerial remuneration in excess of limits to directors in case of inadequacy of profits or loss.
Remote e-voting facilities were provided by KFin Technologies Limited, commencing on July 2, 2026, and concluding on July 6, 2026. Ms. Dipali Shah, Partner of MSDS & Associates, was appointed as the Scrutinizer to oversee the voting process. The combined results of the remote e-voting and the AGM were announced on July 8, 2026.
Resolutions Passed
The shareholders considered and approved the following agenda items:
- Adoption of audited financial statements for FY26.
- Appointment of M/s. SK Patodia & Associates LLP as statutory auditors.
- Regularization of director appointments for Rakesh Kumar Mudgal, Ashok Kumar Thakur, Reena U Wagh, Siddharth Subhash Saraf, and Dimple Joshi.
- Ratification of borrowings exceeding limits under Section 180(1)(c) of the Companies Act, 2013.
- Approval to borrow up to ₹50 crore.
- Approval for payment of managerial remuneration in excess of limits.
Voting Summary
| Resolution | Votes For | Votes Against | % For |
|---|---|---|---|
| Financial Statements FY26 | 41,27,569 | 40 | 99.99904% |
| Statutory Auditor Appointment | 41,27,568 | 41 | 99.99901% |
| Regularize Rakesh Kumar Mudgal | 41,27,569 | 40 | 99.99904% |
| Regularize Ashok Thakur | 41,27,568 | 41 | 99.99901% |
| Regularize Reena U Wagh | 41,27,569 | 40 | 99.99904% |
| Regularize Siddharth Subhash Saraf | 41,27,569 | 40 | 99.99904% |
| Regularize Dimple Joshi | 41,27,568 | 41 | 99.99901% |
| Ratify Borrowings | 41,27,569 | 40 | 99.99904% |
| Borrow up to ₹50 Crore | 41,27,568 | 41 | 99.99901% |
| Managerial Remuneration | 41,27,569 | 40 | 99.99904% |
Historical Stock Returns for Esha Media Research
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.99% | +3.40% | +16.76% | -21.25% | +132.79% | +502.00% |
What specific capital projects or debt obligations will the newly authorized ₹50 crore borrowing limit fund?
How will the regularization of the new Managing Director and CFO influence the company's strategic direction in the coming fiscal year?
What is the intended use of funds if the company draws upon the approved borrowing capacity given the approval for excess managerial remuneration?
18
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
