Filmcity Media Limited reported a net loss of ₹5.51 lakh for the quarter ended June 30, 2026, marking a slight increase from the ₹5.47 lakh loss recorded in the same period of the previous fiscal year. The Mumbai-based media company continued to generate no revenue from operations, with its financial performance defined entirely by cost management rather than income generation. The Board of Directors approved the unaudited standalone financial results on August 12, 2026, pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company’s total expenses for the quarter stood at ₹5.51 lakh, comprising ₹1.44 lakh in employee benefits expense and ₹4.07 lakh in other expenses. This represents a decrease from the ₹10.18 lakh in total expenses incurred in the preceding quarter ended March 31, 2026. Depreciation and amortization expenses were nil for the current quarter, whereas they stood at ₹0.04 lakh in the corresponding quarter of FY26. The limited review report on the financial results was issued by M/s Bhatker & Associates, the statutory auditors of the company.

Beyond the financial results, the Board undertook significant governance changes during the meeting. It appointed Ms. Shivi Jindal and Ms. Iti Goel as Additional Directors in the category of Non-Executive Independent Directors, effective August 12, 2026. Both appointments are subject to shareholder approval at the ensuing general meeting and are valid for a five-year term until August 11, 2031. Concurrently, the Board accepted the resignations of Mr. Nitesh Singh and Ms. Priyanka Singh, both Non-Executive Independent Directors, effective August 14, 2026.

Key Financial Metrics

The company also sought approval for a change in its name to "Filmcity Media and Investment Infrastructure Limited," subject to approvals from shareholders, the Central Government, and the Ministry of Corporate Affairs. This alteration will require amendments to the Memorandum and Articles of Association. The Board also approved the draft notice for the 32nd Annual General Meeting.

What the Numbers Show

The primary analytical observation from the filing is the stabilization of operational burn rates despite the absence of revenue. While the company remains in a loss-making position with zero operational revenue, the reduction in quarterly expenses from ₹10.18 lakh in Q4FY26 to ₹5.51 lakh in Q1FY27 indicates a deliberate effort to control costs. The near-parity between the current quarter's loss (₹5.51 lakh) and the same quarter last year (₹5.47 lakh) suggests that the company has reached a baseline level of fixed expenditures, primarily driven by employee benefits and administrative overheads, without the pressure of variable operational costs associated with active business projects.

Filmcity Media Ltd has informed the stock exchange of the resignation of two Non-Executive Independent Directors — Ms. Priyanka Singh (DIN: 08752330) and Mr. Nitesh Singh (DIN: 08751700) — from the company's board, effective August 14, 2026. The intimation was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Both directors have confirmed that there are no material reasons for their resignations other than those stated in their respective resignation letters.

Resignation Details

The following table summarises the key details of both resignations as disclosed by the company:

Directorships Held in Other Listed Entities

As part of the regulatory disclosure requirements, both directors provided details of their directorships in other listed entities at the time of resignation.

Ms. Priyanka Singh holds a directorship in the following listed entity:

• Dhenu Buildcon Infra Limited — Independent Director
  • Member: Audit Committee
  • Member: Nomination & Remuneration Committee
  • Chairperson: Stakeholders Relationship Committee

Mr. Nitesh Singh holds directorships in the following listed entities:

• Associated Ceramics Ltd — Independent Director
  • Member: Audit Committee
  • Member: Nomination & Remuneration Committee
  • Member: Stakeholders Relationship Committee
• Antriksh Vyapaar Ltd — Independent Director
• Dhenu Buildcon Infra Limited — Independent Director
  • Chairperson: Audit Committee
  • Chairperson: Nomination & Remuneration Committee
  • Member: Stakeholders Relationship Committee
• Thirani Projects Ltd — Independent Director
  • Member: Audit Committee
  • Member: Nomination & Remuneration Committee
  • Member: Stakeholders Relationship Committee

Resignation Letters

In her resignation letter dated August 5, 2026, Ms. Priyanka Singh stated that her increasing professional commitments and personal engagements made it difficult to devote the time and attention required to effectively discharge her responsibilities as an Independent Director. She requested the Board to complete all necessary statutory filings and formalities as required under the Companies Act, 2013 and applicable regulations.

Mr. Nitesh Singh, in his resignation letter also dated August 5, 2026, stated that he was preoccupied with other activities and was therefore unable to continue in the role of Independent Director, including membership on all relevant Board Committees. He requested the Board to accept his resignation and intimate the Registrar of Companies and stock exchanges accordingly.

The disclosure was signed by Raksha Kumari, Company Secretary & Compliance Officer (Membership No.: A46084), on August 5, 2026, in accordance with the applicable provisions of the SEBI Listing Regulations.