Silly Monks Entertainment Limited promoter Satyapoorna Chander Yalamanchili declared that neither he nor persons acting in concert have created any encumbrance on shares during the financial year ended March 31, 2026. This disclosure, submitted to the National Stock Exchange of India, ensures transparency regarding the holding status of the promoter group.

The declaration confirms that no shares were pledged or otherwise encumbered directly or indirectly throughout FY26. This compliance is mandatory under the securities market regulations to monitor the financial leverage of key shareholders in listed entities.

Regulatory Compliance

The filing was made in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose any encumbrance created on their holdings during a financial year.

The document was addressed to the Manager of the Listing Department at the National Stock Exchange of India and the Members of the Audit Committee of Silly Monks Entertainment Limited. The promoter requested the exchange to place the declaration on record.

Silly Monks Entertainment Limited reported a consolidated net loss of ₹198.69 lakh for the financial year ended March 31, 2026, reversing the net profit of ₹20.22 lakh recorded in the previous year. The company's total income for the year declined to ₹2,326.53 lakh from ₹2,637.55 lakh in FY25, primarily due to a decrease in revenue from operations. The board approved the audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026, along with the alteration of the company's objects and a change of name to Cresto Tech Limited, subject to shareholder approval.

Financial Performance

The standalone financial results for FY26 showed a net loss of ₹195.50 lakh, contrasting with a net profit of ₹20.14 lakh in the prior year. Revenue from operations for the standalone entity increased to ₹561.63 lakh from ₹537.52 lakh in FY25. However, total expenses rose significantly to ₹753.76 lakh from ₹535.01 lakh, driven by higher direct costs and other expenses. The company reported a basic earnings per share (EPS) of (₹1.82) for the year, compared to ₹0.20 in the previous year.

On a consolidated basis, revenue from operations fell to ₹2,307.82 lakh in FY26 from ₹2,624.31 lakh in FY25. Total expenses for the year stood at ₹2,503.15 lakh, slightly lower than the ₹2,621.71 lakh reported in the previous year. The consolidated basic EPS for the year was (₹1.85), a decline from ₹0.20 in FY25.

Key Management Changes

The board accepted the resignation of Ms. Mallireddy Sushma Sree from the position of Company Secretary and Compliance Officer effective May 30, 2026. In her place, the board appointed Ms. Naneru Greeshma Sandhya as the Whole Time Company Secretary and Compliance Officer. Additionally, Mr. Itikapati Madhusudana Reddy was appointed as the Chief Financial Officer of the company, effective immediately. The statutory auditors, M/s. NSVR & Associates LLP, issued an unmodified opinion on the audited standalone and consolidated financial results.

Shareholder Approvals and EGM

To approve the alteration of the company's objects and the change of name to Cresto Tech Limited, the board has convened an Extraordinary General Meeting (EGM) on June 29, 2026, at the company's registered office. Mr. Jineshwar Kumar Sankhala has been appointed as the Scrutinizer for the EGM to oversee the voting process. The company stated that other details regarding the EGM would be disclosed separately.

Consolidated Financial Results (FY26)