V R Films & Studios Limited appointed Sagar Mirashi Patel as an additional non-executive independent director at its board meeting held on August 13, 2026. The company also noted the resignation of Mr. Hardik Makwana from the post of non-executive independent director due to professional commitments and other engagements.

The board took note of the re-appointment of Manish Satprakash Dutt as managing director and Krishi Satprakash Dutt as whole-time director at the ensuing annual general meeting. It also approved the appointment of M/S Azad Jain & Co as statutory auditors for a term of five years, subject to shareholder approval.

Board Resolutions

The key resolutions passed by the board include:

• Appointment of Sagar Mirashi Patel (DIN: 11886151) as additional non-executive independent director.
• Resignation of Hardik Makwana (DIN: 9103236) as independent director.
• Re-appointment of Manish Satprakash Dutt as managing director.
• Re-appointment of Krishi Satprakash Dutt as whole-time director.
• Appointment of M/S Azad Jain & Co as statutory auditors from the conclusion of the 18th AGM until the conclusion of the 23rd AGM.

AGM Details

The company fixed the date for its 18th Annual General Meeting as September 4, 2026, at 11:30 am. The meeting will be held through video conferencing or other audio-visual means. The register of members and share transfer books will remain closed from August 29, 2026, to September 4, 2026. E-voting will commence on August 31, 2026, and close on September 3, 2026.

Director Profiles

Manish Dutt and Krishi Dutt are brothers. Sagar Mirashi Patel holds an M.Com degree and has experience in accounting and financial operations.

v r films & studios has notified shareholders of its 18th Annual General Meeting (AGM), scheduled for September 4, 2026, at 11:30 am. The meeting will be conducted via Video Conferencing or Other Audio-Visual Means (VC/OAVM). The primary agenda includes the reappointment of key managerial personnel, the appointment of new statutory auditors, and the adoption of financial results for the fiscal year ended March 31, 2026.

Board and Management Reappointments

Shareholders will be asked to approve the reappointment of Manish Satprakash Dutt as Managing Director and Chairperson for a five-year term commencing March 11, 2027. His remuneration is capped at ₹1.8 crore per annum, inclusive of salary, perquisites, and incentives. Similarly, Krishi Satprakash Dutt seeks reappointment as Whole-time Director for a three-year term with an identical remuneration cap of ₹1.8 crore per annum.

Both directors are promoters who have been associated with the company since its incorporation in December 2007. The explanatory statement notes that in the event of inadequate profits during their tenure, minimum remuneration will be paid subject to Schedule V of the Companies Act, 2013.

Auditor Appointment

The company proposes to appoint M/s Azad Jain & Co (FRN: 006251C) as its statutory auditors for a five-year term. This replaces M/s B. L. Dasharda & Associates, whose tenure concludes after this AGM. The board has authorized fixing remuneration for the new auditors in consultation with the Audit Committee.

Financial Performance Context

The AGM will also see the adoption of standalone and consolidated financial statements for FY26. The filing reveals a significant turnaround in profitability compared to the previous two years.

The company returned to profitability in FY26, reporting a PAT of ₹96.62 lakh, reversing a substantial loss of ₹374.44 lakh in FY25. This improvement follows a narrower loss of ₹61.30 lakh in FY24.

What the Numbers Show

The financial data indicates a sharp correction in the company’s bottom line. While FY25 saw a widening loss trajectory—PAT deteriorating from ₹61.30 lakh to ₹374.44 lakh—FY26 marks a decisive shift back to positive earnings. The PBT improved by over ₹619 lakh year-on-year, suggesting that the operational or non-operational drivers in FY26 were sufficient not only to cover costs but also to generate a net surplus.

Meeting Logistics

Remote e-voting will be available from August 31, 2026, at 9:00 am to September 3, 2026, at 5:00 pm. The cut-off date for voting rights is August 28, 2026. The register of members will remain closed from August 29, 2026, to September 4, 2026.