PNC Media and Entertainment Limited has disclosed the detailed voting results for its 33rd Annual General Meeting held on September 28, 2026. The company confirmed that all resolutions set out in the notice were duly approved by members with the requisite majority, as per the Scrutinizer's report.

The meeting commenced at 3:00 pm and concluded at 3:30 pm via video conference. All directors attended virtually. The company facilitated remote e-voting through National Securities Depository Limited and MUFG Intime India Private Limited. The voting period ran from September 24 to September 27, 2026.

Key resolutions passed

Two ordinary resolutions were transacted during the meeting:

• Adoption of audited standalone and consolidated financial statements for FY26.
• Re-appointment of Rina Prithish Nandy as director, retiring by rotation under Section 152 of the Companies Act, 2013.

The statutory auditors' report on standalone and consolidated financial statements for FY26 contained no qualifications, reservations, or adverse remarks. Similarly, the secretarial audit report was clean.

Voting results breakdown

The following table details the voting outcomes for both resolutions, distinguishing between promoter group and public shareholders:

No invalid votes were recorded in any category for either resolution. The Scrutinizer, V. N. Deodhar of V.N. Deodhar & Co., certified the results after unblocking votes in the presence of witnesses.

Attendance details

The record date for determining membership was September 21, 2026. A total of 49 members participated in the meeting through video conferencing.

What the Numbers Show

The voting data reveals a stark contrast between attendance numbers and vote weight. While only 44 public shareholders participated virtually compared to 5 promoters, the public non-institutional holders cast 1,252,675 votes against the promoters' 8,639,141 votes. This indicates that the promoter group holds approximately 87.3% of the voting power among participating shares (8,639,141 out of 9,891,816). Despite this concentration, dissent was minimal, with less than 0.02% of total votes cast against both resolutions, reflecting strong alignment or limited opposition among minority stakeholders on these routine governance matters.

Pritish Nandy Communications reported a net loss of ₹1,258.87 lakh for the fiscal year ended March 31, 2026, a significant widening from the ₹97.14 lakh loss in the preceding year. The deterioration was driven primarily by an exceptional item of ₹1,756.09 lakh, despite revenue growth.

Financial Performance

Income from operations rose 12.1% to ₹3,765.74 lakh from ₹3,358.42 lakh in FY25. Total income reached ₹3,830.99 lakh. However, total expenditure increased to ₹3,856.08 lakh from ₹3,562.99 lakh. The company incurred a loss before tax of ₹1,781.18 lakh, compared to ₹138.00 lakh in the prior year.

What the Numbers Show

The widening net loss was not operational but structural. The ₹1,756.09 lakh exceptional item accounted for approximately 99% of the pre-tax loss of ₹1,781.18 lakh. This write-down stems from a licensing agreement with Shemaroo Entertainment Limited for global broadcasting and streaming rights of 18 titles, which triggered a reassessment and write-down of the content library's carrying value. Excluding this non-cash item, the operational loss before tax narrowed to ₹25.09 lakh from ₹138.00 lakh in FY25.

Balance Sheet Signals

Cash and cash equivalents declined sharply to ₹88.49 lakh from ₹922.87 lakh at the end of FY25. Trade receivables surged to ₹258.24 lakh from just ₹2.66 lakh, indicating potential collection pressure or timing differences in revenue realization against the reported income growth. Borrowings remained low at ₹143.96 lakh (combined current and non-current).

Corporate Actions

The company's 33rd Annual General Meeting is scheduled for September 28, 2026. The Board did not recommend a dividend for the year. Mrs Rina Pritish Nandy retires by rotation and offers herself for re-appointment as Director.