Mukta Arts has scheduled its 44th Annual General Meeting for September 22, 2026. The meeting will be conducted via video conferencing at 4:00 pm.

The company issued an intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This notice informs members who have not registered email addresses about the availability of the Annual Report for FY26.

Annual Report Access

Shareholders can view the complete details of the Annual Report for the financial year 2025-26 on the company website. The exact path is provided in the table below.

The company dispatched letters with these web links to members without registered emails on August 27, 2026.

KYC and Demat Updates

Mukta Arts reminded security holders to update their KYC details pursuant to SEBI Master Circular No. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/91 dated June 23, 2025. The circular mandates recording PAN, address, mobile number, bank account details, specimen signature, and nomination choice for physical securities.

Payments including dividends for folios lacking updated details must be made electronically from April 1, 2024. Shareholders are urged to dematerialise physical securities and register email IDs to avail online services.

Meeting Details

The 44th AGM is set for Tuesday, September 22, 2026. It will be held through Video Conferencing or Other Audio Visual Means. Pratiksha Panchal, Company Secretary and Compliance Officer, signed the notice.

Mukta Arts Limited reported a consolidated net loss of ₹118.00 crore for FY26, down 32% from the previous year's loss of ₹173.11 crore. The group posted revenue from operations of ₹1,739.06 crore, marking a 4.3% increase over FY25.

The 44th Annual General Meeting is scheduled for September 22, 2026. The meeting will address the adoption of financial statements and a special resolution regarding the dilution of shareholding in Mukta A2 Cinemas Private Limited (MA2).

Consolidated Financial Performance

Consolidated EBITDA expanded significantly to ₹264.40 crore from ₹174.20 crore in the prior year, pushing the EBITDA margin to 15%. This margin expansion reflects operating leverage across the group's key businesses rather than one-off gains.

Segment Performance

Mukta A2 Cinemas (MA2) was the standout performer. Revenue grew 18%, while EBITDA more than doubled to ₹147.70 crore from ₹65.00 crore. Footfalls increased to 31.81 million admits from 30.95 million. Average ticket prices improved to ₹213.60 from ₹194, and food and beverage spend per head rose to ₹79 from ₹60.

Whistling Woods International (WWI) saw revenue grow 7% to ₹584.20 crore. EBITDA grew at a faster pace of 29% to ₹65.20 crore, expanding margins from 9% to 11%. This indicates efficient translation of top-line growth into profitability.

Bahrain Operation delivered a turnaround despite a 27% revenue decline to ₹152.80 crore. Decisive cost actions swung EBITDA from a loss of ₹0.30 million to a positive ₹10.10 million.

Standalone Company Metrics

At the standalone level, Mukta Arts reported a profit after tax of ₹55.93 crore, down from ₹74.41 crore in FY25. Revenue from operations fell to ₹148.21 crore from ₹203.17 crore due to the non-recurrence of prior-year TV serial income. However, other income grew 15% to ₹165.16 crore, driven by higher interest on inter-corporate deposits.

What the Numbers Show

Standalone other income of ₹165.16 crore exceeded operating revenue of ₹148.21 crore for the first time in recent history. This inversion highlights a structural shift where interest earnings and investment returns are currently outpacing core film production and distribution revenues at the parent company level.

Corporate Actions

Shareholders will vote on the dilution of the company's stake in MA2, which will reduce its holding below 50% following an investment by Mr. Sunil Shamrao Patil or affiliates. The transaction involves an injection of approximately ₹61.2 million in equity and ₹38.8 million in compulsorily convertible debentures.