Revati Media Limited has appointed Razia Bashir Mujawar as its Company Secretary and Compliance Officer, effective August 11, 2026. The Board of Directors approved the appointment during a meeting held on that date, acting on the recommendation of the Nomination and Remuneration Committee. This move ensures the company maintains dedicated oversight for corporate governance and regulatory compliance under the Companies Act, 2013, and SEBI listing regulations.

The appointment was made pursuant to Section 203 of the Companies Act, 2013, which designates the Company Secretary as a Key Managerial Personnel. Additionally, Mujawar assumes the role of Compliance Officer under Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company disclosed this development under Regulation 30 of the SEBI (LODR) Regulations, 2015, read with SEBI circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Appointment Details

The following table outlines the key details of the appointment as disclosed in the filing:

Razia Bashir Mujawar is an Associate member of the Institute of Company Secretaries of India (ICSI). She holds no shares in Revati Media Limited at the time of her appointment. There are no disclosed relationships between her and the directors of the company.

Governance Context

The appointment strengthens the company’s compliance framework by consolidating the roles of Company Secretary and Compliance Officer in a single Key Managerial Personnel. This structure aligns with regulatory expectations for listed entities to have clear accountability for statutory filings and investor communication. Manish Girish Shah, Director of Revati Media Limited, signed the disclosure submitted to BSE Limited.

What This Means for Stakeholders

The appointment does not involve any financial compensation disclosure or change in ownership structure. It represents a standard governance update aimed at ensuring continuous regulatory adherence. Shareholders can expect continued compliance with SEBI norms through the designated officer, who will oversee matters related to board meetings, shareholder communications, and statutory disclosures.

Revati Media Limited reported a net loss of ₹7.04 lakh for the quarter ended June 30, 2026, widening from a loss of ₹5.99 lakh in the corresponding period of FY25. The Mumbai-based media company recorded zero revenue from operations and zero other income, marking a continuation of its operational dormancy. Total expenses for the quarter stood at ₹7.04 lakh, an increase from ₹5.99 lakh in Q1FY26, driven by higher employee benefit expenses and other operating costs.

The Board of Directors approved the unaudited financial results during a meeting held on August 11, 2026. Statutory auditors B. L. Dasharda & Associates issued a limited review report on the standalone financial statements. The audit committee reviewed and recommended the results before they were placed before the Board for approval. The company also appointed Mrs. Razia Bashir Mujawar as Company Secretary and Compliance Officer and M/s. Girish Murarka & Co. as Secretarial Auditor for financial year 2026-27.

Financial Performance Breakdown

The company’s expense structure remained largely unchanged in nature but increased slightly in magnitude compared to the previous year. Employee benefits, the largest cost component, rose to ₹5.30 lakh from ₹4.40 lakh in Q1FY26. Other expenses increased to ₹1.74 lakh from ₹1.59 lakh in the prior year quarter. No finance costs were incurred during the quarter, unlike the full-year FY26 where finance costs amounted to ₹3.87 lakh. There were no provisions for current or deferred tax due to carry-forward losses.

Auditor Emphasis of Matter

The statutory auditor highlighted a significant matter regarding fixed assets taken over by Maharashtra State Financial Corporation (MSFC) in November 1998 under Section 29 of the State Financial Corporations Act, 1951. Despite ceasing ownership, the company has not written off these assets valued at ₹52,35,848 in its books. Outstanding secured loans from MSFC amount to ₹1,03,76,328, while dues to SICOM Ltd stand at ₹16,24,436 as of June 30, 2026. The auditor noted that the payable amount after adjusting asset values is not ascertainable due to missing data, potentially impacting the financial position significantly.

Corporate Governance Updates

In addition to approving the results, the Board decided to convene the 33rd Annual General Meeting on September 30, 2026. Shareholders holding shares on the cutoff date of September 23, 2026, will be eligible for e-voting. The remote e-voting window opens on September 27, 2026, at 9:00 AM IST and closes on September 29, 2026, at 5:00 PM IST. Mr. Girish Murarka has been appointed as the Scrutinizer for the e-voting process. An internal team has been constituted to conduct the internal audit for FY26-27.