Balaji telefilms Limited has completed the allotment of 25,000 equity shares to eligible employees under its Employee Stock Option Plan (ESOP) Scheme 2023. The Nomination and Remuneration Committee approved this allotment on February 23, 2026, through a resolution by circulation.

Share Capital Enhancement

The allotment has resulted in an increase in the company's paid-up equity share capital. The following table shows the change in capital structure:

ESOP Exercise Details

The stock options exercised under this allotment carry specific financial parameters that demonstrate the structured approach to employee compensation:

Regulatory Compliance

The company has fulfilled all regulatory requirements for this share allotment. The disclosure has been made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with relevant SEBI circulars. Additionally, details required under Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, have been provided.

Share Characteristics

The newly allotted equity shares carry identical rights and privileges as existing shares. They rank pari-passu with existing equity shares, including dividend payment rights and other shareholder benefits. The shares have been assigned distinctive numbers from 141734845 to 141759844 and carry the ISIN number INE794B01026.

Market Listing

Balaji Telefilms Limited's shares are listed on both major Indian stock exchanges - BSE Limited with stock code 532382 and National Stock Exchange of India Limited with stock code BALAJITELE. The company has confirmed that no listing fees are applicable for this allotment, and no lock-in period restrictions apply to these shares.

Balaji Telefilms Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing significant challenges across its business segments. The entertainment company reported widening losses and declining revenues, reflecting ongoing pressures in the media and entertainment industry.

Financial Performance Overview

The company's standalone financial performance showed deterioration across key metrics during Q3FY26. Revenue from operations declined substantially, while losses expanded compared to the previous year periods.

Nine-Month Performance Analysis

The nine-month period ended December 31, 2025 demonstrated the company's ongoing financial challenges. Revenue from operations for the nine-month period stood at ₹16,321.87 lacs compared to ₹38,683.86 lacs in the corresponding previous year period, representing a decline of 57.79%. The net loss for nine months widened to ₹3,274.84 lacs from ₹272.15 lacs in the previous year.

Segment-wise Business Performance

The consolidated results revealed varying performance across the company's three primary business segments:

The Films segment experienced the most significant revenue decline, dropping 83.67% year-on-year, while the Digital segment showed modest growth of 12.37% despite reporting losses.

Digital Platform Transformation

A significant development during the period was the company's digital platform transition. The ALT OTT application was discontinued on July 25, 2025, following directives from the Ministry of Information & Broadcasting. As part of its strategic digital evolution, the company launched a new OTT application called Kutimgg on September 9, 2025. Management assessed that related assets aggregating to ₹401.32 lacs as of December 31, 2025 remain recoverable based on their business plans.

Corporate Developments

The company completed the amalgamation of ALT Digital Media Entertainment Limited and Marinating Films Private Limited, which was approved by the National Company Law Tribunal on June 10, 2025, with an appointed date of April 1, 2024. This amalgamation was accounted for using the pooling of interest method, with comparative figures restated accordingly.

Regulatory Compliance

The company addressed the implementation of India's consolidated labour codes, which became effective from November 21, 2025. Management assessed that the incremental impact of these regulatory changes is not material to the financial results for the quarter and nine months ended December 31, 2025.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors on February 13, 2026, with limited review conducted by statutory auditors Deloitte Haskins & Sells LLP.