Sahara One Media and Entertainment Limited has announced that its board of directors will meet on Saturday, May 30, 2026, to discuss and approve the company's financial performance for the recent fiscal period. The meeting is scheduled to take place at 04:00 P.M. through video conferencing and other audio-visual means.

Agenda for the Meeting

The primary focus of the board meeting is to consider and approve the audited financial results for the fourth quarter and the financial year ended March 31, 2026. The results will cover both standalone and consolidated financial statements, providing a comprehensive view of the company's performance.

Regulatory Compliance

The intimation of the board meeting was sent to the Bombay Stock Exchange Ltd in compliance with Regulation 29 and Regulation 33 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company has ensured that all necessary disclosures are made to the stock exchange and shareholders.

Company Information

Sahara One Media and Entertainment Limited, registered in Mumbai, operates under the corporate identity number L67120MH1981PLC024947. The company's registered office is located at Nariman Point, and it maintains a website where the financial results and other relevant information will be hosted following the meeting.

Sahara One Media and Entertainment Limited has reported its financial results for the third quarter of FY26, recording a net loss of Rs 8.35 lakh. The company's Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended December 31, 2025, during a meeting held on May 19, 2026.

Financial Performance

The company reported a total income of Rs 0.05 lakh for the quarter, a decrease from Rs 0.18 lakh in the same period of the previous year. Total expenses for the quarter stood at Rs 8.40 lakh, compared to Rs 21.83 lakh in the corresponding quarter of the previous year. For the nine months ended December 31, 2025, the net loss widened to Rs 48.04 lakh from Rs 35.43 lakh in the prior year period.

Key Highlights and Auditor Observations

The Basic and Diluted Earnings Per Share (EPS) for the quarter stood at (0.04). The equity share capital remained unchanged at Rs 2,152.50 lakh. The statutory auditors, Gupta Rustagi & Co., noted in their review report that they were unable to obtain sufficient appropriate evidence regarding the financial information as records were not made available. Consequently, they did not express a conclusion on the financial results.

The auditors also highlighted material uncertainty regarding the company's ability to continue as a going concern due to insufficient funds to pay creditors and pending recoveries. Additionally, the company noted that trading of its shares has been suspended by SEBI for an extended period.