Sungold Media & Entertainment Limited's Board of Directors approved key remuneration decisions during their meeting on March 20, 2026. The board convened at the company's registered office in Rajpipla, Gujarat, to address executive compensation matters following recommendations from the Nomination and Remuneration Committee.

Board Meeting Outcomes

The primary agenda item involved fixing the remuneration structure for the company's top leadership position. The board made the following key decision:

Meeting Details

The board meeting was conducted efficiently at the company's registered office located at 102, 1st Floor, 36, Shri Rang Residency, Vadia, Rajpipla, Narmada, Gujarat. The session commenced at 11:00 A.M. and concluded at 11:30 A.M., demonstrating focused decision-making on the remuneration matters.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements), 2015. Company Secretary and Compliance Officer Bhavya Devang Maniyar (Membership No. A62856) signed the disclosure, ensuring proper regulatory adherence.

Next Steps

The approved remuneration package for Mr. Raj Kotia's continued tenure as Chairman & Managing Director requires final approval from company members at the upcoming Annual General Meeting. This standard governance process ensures shareholder oversight of executive compensation decisions.

Sungold Media & Entertainment Limited has disclosed a share acquisition by its promoter Raj Kotia under SEBI's substantial acquisition regulations. The transaction involved the purchase of additional equity shares through the open market, increasing the promoter's stake in the BSE SME-listed company.

Share Acquisition Details

Raj Kotia acquired 5,000 equity shares carrying voting rights through open market purchase on March 19, 2026. The acquisition represents 0.04% of the company's total share capital.

Company Capital Structure

The company's equity share capital structure remained unchanged following the acquisition:

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to BSE Limited on March 19, 2026, where the company's shares are listed on the SME platform.

Key regulatory details include:

• Acquirer Status: Promoter of the target company
• Mode of Acquisition: Open market purchase
• Date of Acquisition: March 19, 2026
• Stock Exchange: BSE Limited (SME Platform)
• BSE Scrip Code: 541799

Transaction Summary

The acquisition represents a minor increase in the promoter's shareholding, with no changes to the company's overall capital structure. Raj Kotia continues to hold a significant stake as a promoter, with his total holding now standing at 5,272,570 shares representing 47.93% of the company's equity share capital and voting rights.