Vashu Bhagnani Industries Limited (formerly known as Pooja Entertainment and Films Limited) has concluded its Board of Directors meeting held on April 16, 2026, regarding the previously identified clerical error in its UAE subsidiary's financial statements. The Board has determined that no revision of the company's consolidated financial statements is warranted.

Board Meeting Outcome

The Board meeting, which commenced at 09:30 AM and concluded at 10:30 AM on April 16, 2026, addressed the clerical error that had been identified in the books of accounts of the company's UAE subsidiary. After thorough evaluation, the Board observed that the error does not have any material impact on the subsidiary's financial statements.

Statutory Auditor Consultation

The Board took note of deliberations held with the company's Statutory Auditors, who confirmed that the clerical error does not necessitate any revision or restatement of the financial statements of the Indian holding company. Based on this professional assessment and the recommendation of the Statutory Auditors, the Board concluded that no revision is warranted under the applicable provisions of the Companies Act, 2013 and the SEBI (LODR) Regulations, 2015.

Financial Statements Status

The Board has reaffirmed that the financial results already submitted to the Stock Exchanges under Regulation 33 remain unchanged. There is no requirement for restatement or re-submission of the financial statements, which are now considered final and conclusive.

Company Information

The communication was digitally signed by Shweta Ramesh Soni, Company Secretary and Compliance Officer (Membership No: A65292), on April 16, 2026. The company operates under CIN: L68100MH1986PLC040559 with its registered office located at Flat No 1, Coelho House, Juhu, Mumbai.

Vashu Bhagnani Industries Limited submitted newspaper publication extracts for its audited financial results for the quarter and year ended March 31, 2026, to BSE Limited on April 16, 2026. The submission was made pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, marking another compliance milestone following the company's earlier financial results announcement and NSE listing application.

Regulatory Compliance Submission

The company, formerly known as Pooja Entertainment and Films Limited, fulfilled its regulatory obligations by submitting newspaper advertisement copies related to its Q4FY26 and FY26 financial results. Company Secretary and Compliance Officer Shweta Ramesh Soni digitally signed the submission documents on April 16, 2026.

Financial Performance Overview

The company's audited financial results showed mixed performance across standalone and consolidated operations for FY26. Standalone revenue from operations reached ₹709.22 lakhs compared to ₹911.03 lakhs in the previous year, while net profit improved significantly to ₹140.66 lakhs from ₹27.70 lakhs in FY25.

Consolidated Results and Strategic Developments

On a consolidated basis, revenue from operations stood at ₹1,441.85 lakhs in FY26 compared to ₹1,599.04 lakhs in FY25. The company has also submitted its NSE direct listing application and appointed Mr. Ashish Radheyshyam Goyal as Additional Director, while approving strategic expansion plans including overseas investments up to ₹50,00,00,000 in the United Kingdom.

Corporate Information

The company operates from its registered office at Flat No 1 Coelho House No 2 JuhuVasantBaha CHS LTD, Juhu Tara Road, Mumbai 400049. With CIN L68100MH1986PLC040559, the entertainment and films company continues to maintain compliance with regulatory requirements while pursuing growth initiatives.

Source: Company/INE147C01017/69ae74b1-5b6f-492a-8054-2ab2f4761b4a.pdf