Network18 Media & Investments Limited has issued a Postal Ballot Notice dated April 18, 2026, seeking shareholder approval for the appointment of Mr. Raj Kumar Jain (DIN: 01741527) as an Independent Director of the Company. The Board of Directors, at its meeting held on March 25, 2026, appointed Mr. Jain as an Additional Director designated as an Independent Director, effective the same date, subject to member approval. The appointment requires passing of a Special Resolution under the applicable provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Postal Ballot Notice was filed with the stock exchanges on May 11, 2026, under Regulation 30 of the Listing Regulations.

Proposed Resolution and E-Voting Schedule

The Postal Ballot Notice proposes a single Special Resolution for the appointment of Mr. Raj Kumar Jain as an Independent Director for a term of 5 consecutive years from March 25, 2026, not liable to retire by rotation. Members whose names appear in the register of members as on the Cut-Off Date of Friday, May 8, 2026, are eligible to participate in the e-voting process. The e-voting facility is being provided by KFin Technologies Limited (KFinTech). The key dates and parameters for the e-voting process are outlined below:

Profile of Mr. Raj Kumar Jain

Mr. Raj Kumar Jain is a veteran corporate professional and entrepreneur with extensive experience in Sales, Marketing, and Supply Chain. He holds an Engineering Degree from Delhi College of Engineering and an MBA from Kellogg School of Business. Aged 67, Mr. Jain previously served as Chief Executive Officer of The Times of India Group (Bennett Coleman & Co. Ltd.), one of India's oldest and largest media companies, before embarking on his entrepreneurial journey in 2020.

His professional background spans several prominent organisations and roles:

• Hindustan Lever Ltd.: Started his career here, with over 16 years at Unilever India and U.K. across Sales, Marketing, and Supply Chain.
• Whirlpool Corporation: Served as APAC Head, Marketing & Supply Chain, based in Shanghai, China, and also as MD & CEO of Whirlpool India Ltd., where he launched the Whirlpool brand in India.
• Walmart Inc. / Bharti Group: In 2006, spearheaded the joint venture to establish a pan-India wholesale cash & carry, multi-format retail, and supply chain business.
• Bounce Inc.: Founded in 2020, a boutique management and operations consulting firm focused on India market entry, operating efficiency, and 'phygital' transformation.
• Clicktech Retail Private Limited: Serves as Managing Director.

Mr. Jain also served as Ex-Chairperson of the Board of American Chamber of Commerce & Industry (AMCHAM), on the advisory board of HOPE Foundation, and on the Board of ASCI (The Advertising Standards Council of India).

Director Profile at a Glance

The following table summarises key details of Mr. Raj Kumar Jain as disclosed in the Postal Ballot Notice:

Board and Committee Memberships in Other Companies

As on the date of the Postal Ballot Notice, Mr. Jain holds directorships in the following entities:

• SRF Limited
• JK Agri Genetics Limited
• Relaxo Footwears Limited
• J.K. Fenner (India) Limited
• Clicktech Retail Private Limited
• New Trends Commerce Private Limited
• Sabhyata Foundation

His committee memberships across listed entities are as follows:

Voting Process and Result Declaration

The Postal Ballot Notice has been sent exclusively through electronic mode to members whose e-mail addresses are registered with the Company's Registrar and Transfer Agent, KFinTech, or their Depository Participants, as on the Cut-Off Date of May 8, 2026. Members holding shares in physical mode who have not updated their e-mail addresses are requested to do so as per the instructions provided in the Notice. The Scrutiniser, Mr. Neelesh Kr. Jain, will submit his report to the Chairman after completion of scrutiny, and the results will be displayed on the Company's website at www.nw18.com and on KFinTech's website at https://evoting.kfintech.com on or after Thursday, June 11, 2026. The resolution, if passed by the requisite majority, shall be deemed to have been passed on Wednesday, June 10, 2026, the last date of remote e-voting.

Network18 Media & Investments Limited has delivered strong operational performance in Q4 FY26, with EBITDA surging 61% to ₹306 million compared to ₹190 million in the corresponding quarter of the previous year. The company also achieved significant margin expansion with EBITDA margin improving to 4.97% from 3.39% year-over-year, demonstrating enhanced operational efficiency alongside revenue growth.

Q4 FY26 Financial Performance

The company's Q4 results showcase robust operational improvements across key financial metrics. Revenue grew 9.8% to ₹6.16 billion from ₹5.61 billion in the previous year, while the substantial EBITDA growth indicates better cost management and operational leverage.

The significant EBITDA improvement of ₹116 million demonstrates the company's progress in optimizing operations and controlling costs, even as it continues working toward overall profitability at the net level.

Full Year FY26 Performance

For the complete financial year ended March 31, 2026, Network18 reported revenue from operations of ₹19.55 billion compared to ₹18.96 billion in FY25, representing growth of 3.1%. The company achieved a net profit of ₹265.93 crore for FY26 compared to ₹3,213.36 crore in FY25, primarily due to exceptional items in the previous year.

Board Meeting Outcome and Auditor Report

The Board of Directors approved the audited financial results for Q4 and FY26 at their meeting held on April 18, 2026. The meeting commenced at 12:00 Noon and concluded at 12:50 p.m. Deloitte Haskins & Sells LLP, the statutory auditors, have issued audit reports with unmodified opinion on both standalone and consolidated financial statements.

Consolidated Performance

On a consolidated basis, Network18 reported revenue from operations of ₹21.21 billion for FY26 compared to ₹68.88 billion in FY25. The consolidated net profit for FY26 was ₹155.20 crore compared to a net loss of ₹1,776.67 crore in the previous year, reflecting improved operational performance across the group.

Company Operations

Network18 Media & Investments Limited operates from its registered office at First Floor, Empire Complex, 414-Senapati Bapat Marg, Lower Parel, Mumbai-400013. The company maintains its corporate website at www.nw18.com and provides investor communications through investors.n18@nw18.com . The audited financial results are also available on the company's website.