Vashu Bhagnani Industries Board Meeting on April 10, 2026 to Consider Q4FY26 Results and Strategic Initiatives

Vashu Bhagnani Industries Limited, formerly known as Pooja Entertainment and Films Limited, has scheduled a board meeting for April 10, 2026, to address multiple strategic and operational matters. The meeting will be held at the company's office in Mumbai and will cover several significant agenda items that could shape the company's future direction.

Financial Results and Audit Report

The board will consider and approve the audited financial results for both standalone and consolidated accounts, along with the audit report for the quarter and year ended March 31, 2026. This represents the company's Q4FY26 performance review, which will provide stakeholders with comprehensive insights into the financial health and operational performance of the organization.

Board Composition and Leadership Changes

A key agenda item involves the proposed appointment of Mr. Ashish Radheshyam Goyal (DIN: 11640132) as an Additional Independent Director of the company. This appointment would strengthen the board's independent oversight capabilities and bring additional expertise to the company's governance structure.

Stock Exchange Listing Initiative

The board will deliberate on a significant proposal for listing the company's equity shares on the National Stock Exchange of India Limited (NSE) without any public offering or further issuance of shares. The following aspects will be considered:

Parameter	Details
Exchange	National Stock Exchange of India Limited (NSE)
Offering Type	No public offering or share issuance
Authorization Scope	Appointment of institutions and intermediaries
Delegation Authority	Complete authority for listing-related matters

The board will also authorize the appointment of necessary institutions, intermediaries, organizations, and professionals required to facilitate the NSE listing process, with delegated authority to act on behalf of the company in all related matters.

Strategic UK Expansion Plans

A notable agenda item involves discussing and approving a strategic expansion proposal into the United Kingdom market. The expansion strategy encompasses three potential approaches:

Incorporation of a new company
Acquisition of an existing entity
Takeover of a suitable target company

The focus of this UK expansion will be on real estate development and construction, representing a significant diversification from the company's traditional entertainment and films business background.

Meeting Logistics and Compliance

The board meeting is scheduled for Friday, April 10, 2026, at Office No 1, Coelho House No 2, Juhu Vasant Baha CHS LTD, Juhu Tara Road, Juhu, Near Sea Princes Hotel, Mumbai 400049. The intimation has been provided in compliance with Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring proper disclosure to the stock exchange and stakeholders.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+19.90%	+46.67%	+38.60%	-22.98%	-26.50%	+15.85%

Vashu Bhagnani Industries Limited has announced its unaudited financial results for the third quarter of FY26 ended December 31, 2025, demonstrating strong operational performance across both standalone and consolidated operations. The company, formerly known as Pooja Entertainment and Films Limited, operates primarily in the films distribution and production segment.

Financial Performance Overview

The company delivered robust results for Q3FY26, with significant improvements in profitability metrics. The Board of Directors approved these unaudited results at their meeting held on February 12, 2026, which commenced at 4:00 PM and concluded at 5:30 PM.

Q3FY26 Quarterly Results

Metric	Standalone (₹ Lakhs)	Consolidated (₹ Lakhs)
Total Revenue	671.35	889.27
Revenue from Operations	663.10	888.16
Other Income	8.25	1.11
Total Expenses	503.12	519.62
Profit Before Tax	168.23	369.65
Net Profit After Tax	121.57	306.59
Basic and Diluted EPS (₹)	0.19	0.48

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company maintained strong momentum across all key financial parameters.

Nine-Month Results Comparison

Parameter	Standalone FY26 (₹ Lakhs)	Standalone FY25 (₹ Lakhs)	Consolidated FY26 (₹ Lakhs)	Consolidated FY25 (₹ Lakhs)
Total Revenue	716.90	856.78	1,217.82	1,192.56
Net Profit	133.24	376.37	544.40	536.76
Basic EPS (₹)	0.21	0.59	0.85	0.84

Operational Highlights

The company's cost structure showed effective management during the quarter. Cost of production and distribution of films stood at ₹456.65 lakhs on both standalone and consolidated basis. Employee benefits expense was ₹11.60 lakhs for standalone operations and ₹43.94 lakhs for consolidated operations.

Key Expense Categories (Q3FY26)

Expense Type	Standalone (₹ Lakhs)	Consolidated (₹ Lakhs)
Cost of Production & Distribution	456.65	456.65
Employee Benefits	11.60	43.94
Finance Costs	0.16	0.35
Legal & Professional	2.27	2.80
Other Expenses	31.98	14.89

Corporate Structure and Subsidiaries

The consolidated results include performance from the company's subsidiaries: Modern Production FZ LLC UAE (foreign subsidiary) and Pooja Leisure and Lifestyle (Indian partnership firm). The subsidiaries contributed total income of ₹225.18 lakhs and net profit of ₹167.24 lakhs for the quarter.

Capital Structure

The company's paid-up equity share capital remained stable at ₹6,395.35 lakhs with face value of ₹10 per share. Other equity excluding revaluation reserves stood at ₹7,932.97 lakhs as of March 31, 2025.

Regulatory Compliance

The financial results were prepared in accordance with Indian Accounting Standard (Ind AS) 34 "Interim Financial Reporting" and comply with Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The results were reviewed by D S M R & Co, Chartered Accountants, who issued unmodified review reports for both standalone and consolidated financials.