Latest news about Diligent Media Corporation
Diligent Media Corporation
2.51
+0.03(+1.21%)
Company Performance:
View Company Insights1D+1.21%
1M-7.04%
6M-24.62%
1Y-51.73%
5Y0.00%
More news about Diligent Media Corporation
30May 26
Diligent Media reports FY26 loss, publishes results
Diligent Media Corporation Limited reported a net loss of ₹887.54 lakh for FY26, with revenue from operations declining to ₹650.88 lakh. The Board approved the audited results on May 28, 2026, which were subsequently published in newspapers on May 29, 2026. The company faces audit qualifications regarding inter-corporate deposits and has received a SEBI Show Cause Notice.
15Apr 26
Diligent Media Corporation Opens Special Window for Physical Share Transfer and Dematerialisation
Diligent Media Corporation Limited has opened a special window for transfer and dematerialisation of physical securities following SEBI circular dated January 30, 2026. The company published advertisements in English and Marathi newspapers on April 15, 2026, and disseminated information through social media channels including LinkedIn and X. The initiative facilitates shareholders in converting physical shares to electronic format and processing transfer requests in compliance with regulatory requirements.
10Apr 26
Diligent Media Corporation Submits Q4FY26 Compliance Certificate Under SEBI Regulations
Diligent Media Corporation Limited submitted its Q4FY26 compliance certificate under SEBI Regulation 74(5) to stock exchanges on April 9, 2026. The certificate, issued by registrar MUFG Intime India Pvt. Ltd., confirms proper handling of dematerialized securities during the quarter ended March 31, 2026, with all regulatory timelines and verification procedures being followed.
01Apr 26
Diligent Media Corporation Receives Rs 3.99 Crore GST Demand Order from Mumbai Tax Authorities
Diligent Media Corporation Limited disclosed receiving a Rs 3.99 crore GST demand order from Mumbai tax authorities for FY 2019-20, related to leasehold rights transfer to M/s CTRL S (India) Pvt. Ltd. The amount includes Rs 1.26 crores interest and Rs 1.47 crores penalty. The company plans to file a writ petition challenging the order, following a similar approach for an earlier related case.
28Mar 26
Diligent Media Corporation Limited Amends Fair Disclosure Code Under SEBI Regulations
Diligent Media Corporation Limited amended its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information on March 27, 2026, in compliance with SEBI regulations. The updated code establishes comprehensive guidelines for handling UPSI, including prompt disclosure requirements, uniform dissemination practices, and policies for legitimate information sharing. The framework designates the Chief Investor Relations Officer to oversee disclosure processes and mandates maintenance of digital databases for tracking information recipients.
12Mar 26
Diligent Media Corporation CEO Chitresh Sehgal Resigns After Nearly Five Years
Diligent Media Corporation Limited announced the resignation of CEO Chitresh Sehgal, effective March 12, 2026, after nearly five years with the company. The disclosure was made in compliance with Regulation 30 of the Listing Regulations to NSE and BSE. Sehgal, who served as Key Managerial Personnel and part of Senior Management, cited his intention to pursue career interests outside the organization as the reason for departure.
05Mar 26
Diligent Media Corporation Faces GST Department Demand of Rs 68.94 Lakhs, Plans Legal Challenge
Diligent Media Corporation Limited faces a GST Department demand of Rs 68.94 lakhs for alleged undeclared turnover of merged entity Pri-Media Services Pvt. Ltd. covering April 2018 to March 2019. The company's rectification application has been rejected, with the GST Department directing compliance with the original demand. The company is seeking legal opinion and plans to challenge the demand before the appropriate appellate authority.
25Feb 26
Diligent Media Corporation Files Writ Petition Challenging Rs. 33.90 Crores GST Demand Order
Diligent Media Corporation Limited has filed a writ petition in the Bombay High Court on February 24, 2026, challenging a Rs. 33.90 crores GST demand order from the Assistant Commissioner of State Tax. The demand relates to alleged non-payment of GST on assignment of leasehold rights for an industrial plot in Mumbai sold by the company. The legal challenge is based on counsel advice and judicial precedents in similar matters.
11Feb 26
Diligent Media Corporation Reports Q3FY26 Net Loss of Rs 29.78 Lakhs Amid Revenue Decline
Diligent Media Corporation Limited reported a net loss of Rs 29.78 lakhs for Q3FY26 compared to a profit of Rs 254.25 lakhs in Q3FY25, with revenue from operations declining 17.81% to Rs 140.76 lakhs. For the nine-month period, the company recorded a loss of Rs 285.17 lakhs against a profit of Rs 963.75 lakhs previously, with revenue dropping 35.13% to Rs 488.39 lakhs. The company's accumulated losses have exceeded paid-up capital and reserves, though management continues digital media expansion efforts and believes it can meet obligations based on approved business plans.
15Jan 26
Diligent Media Corporation Announces Resignation of Senior Management Personnel
Diligent Media Corporation announced the resignation of Ms. Srishti Choudhury, Associate News Editor – DNA and Senior Management Personnel, effective January 14, 2026. The resignation was made to pursue career opportunities outside the organization, with the company fulfilling all regulatory disclosure requirements under SEBI Listing Regulations through formal notifications to NSE and BSE.
14Jan 26
Diligent Media Corporation Receives ₹33.90 Crore GST Demand Order from Mumbai Tax Authorities
Diligent Media Corporation Limited faces a ₹33.90 crore GST demand from Mumbai tax authorities for alleged non-payment on leasehold rights assignment pertaining to FY 2018-19. The company contests the demand, arguing that the transaction constitutes a land transfer exempt from GST. With penalties of ₹10.32 crores included, the company plans legal consultation to determine appropriate response measures.
18Sept 25
Diligent Media Corporation Approves ₹436 Crore Preference Share Capital Reduction Scheme
Diligent Media Corporation's Board has approved a financial restructuring plan involving the cancellation of 4.36 billion preference shares worth ₹436.26 crore. The scheme includes adjusting ₹173.40 crore against outstanding Inter Corporate Deposit Agreements and reducing the remaining ₹262.86 crore. This move will significantly alter the company's share capital structure, reducing it from ₹448.03 crore to ₹11.77 crore post-implementation. The plan aims to streamline capital structure, preserve liquidity, reduce future liabilities, and avoid potential litigation costs, while maintaining the existing equity shareholding pattern.
30Jul 25
Diligent Media Reports Loss in Q1, Appoints New CEO and Senior Management
Diligent Media Corporation Limited reported a net loss of Rs 188.60 lakhs for Q1 ended June 30, compared to a profit of Rs 245.26 lakhs last year. Revenue from operations declined to Rs 78.67 lakhs from Rs 296.30 lakhs. The company appointed Mr. Chitresh Sehgal as CEO and elevated two senior managers. Despite financial challenges, management cites adequate liquidity and focuses on expanding digital media operations.
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89.75
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40.20
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5.96
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22.69
(+1.43%)
2.51
(+1.21%)
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