Vision Cinemas concluded its 33rd Annual General Meeting on September 16, 2026, with shareholders approving the adoption of audited financial statements for the fiscal year ended March 31, 2026.

The meeting was conducted through Video Conferencing and Other Audio-Visual Means facilitated by the Central Depository Services Limited platform. Mrs. Anitha Vasanth, Executive Director and Chief Financial Officer, served as the chairperson for the proceedings.

Key Resolutions Passed

The members transacted both ordinary and special business items during the session. The key outcomes included:

• Adoption of audited financial statements for FY26.
• Reappointment of retiring director Mrs. Anitha Vasanth by rotation.
• Approval of related party transactions via an ordinary resolution.
• Appointment of CS S. Suresh as secretarial auditor for five consecutive years from FY26-27 to FY30-31.

Meeting Details

A total of 77 members attended the meeting, which commenced at 3:00 pm and concluded at 3:17 pm. The company adhered to the provisions of the Companies Act, 2013, and SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Remote e-voting was available from September 13 to September 15, 2026. No questions were received from members in advance, so no queries were addressed during the session. The voting results and scrutinizer’s report will be submitted separately to the BSE.

Vision Cinemas has fixed September 9, 2026 as the record date for its 33rd Annual General Meeting (AGM). The company will hold the meeting on September 16, 2026, via video conference.

The Register of Members and Share Transfer Books will remain closed from September 10, 2026 to September 16, 2026 (both days inclusive). This closure is pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company recently filed its annual report for FY26, revealing a net loss of ₹6.75 lakh compared to a net profit of ₹0.51 lakh in the previous year. Revenue from operations dropped significantly to ₹89.12 lakh from ₹320.36 lakh in FY25.

The decline in profitability was driven by a sharp contraction in top-line growth. Total expenses stood at ₹99.46 lakh, slightly higher than the revenue generated. Employee benefit expenses decreased to ₹4.86 lakh from ₹21.15 lakh, while other expenses fell to ₹90.94 lakh from ₹294.72 lakh. Depreciation remained stable at ₹3.65 lakh.

Key Agenda Items

The notice outlines specific resolutions for member approval at the upcoming AGM:

Mrs. Vasanth, who also serves as CFO, holds 73,16,519 equity shares as of March 31, 2026. She has attended four Board meetings during FY26.

Related Party Transaction Limits

The company proposes to enter into non-arm’s length transactions with related parties, including wholly owned subsidiaries and entities with common key managerial personnel. The maximum value for each party is set at ₹20 crore annually. Interested directors will not be present during the discussion of these resolutions. The transactions involve revenue sharing on screening income and advertisement services.

E-Voting and Logistics

E-voting will be open from September 13, 2026, at 9:00 am until September 15, 2026, at 5:00 pm. The cut-off date for voting eligibility is September 9, 2026. Shareholders can vote remotely via CDSL or NSDL platforms.