City Pulse Multiventures Ltd

Board meeting rescheduled

• Original date 15 Oct 2026; revised date 23 Oct 2026.
• Agenda: unaudited standalone and consolidated results; other business per Chair.
• Reason: unavoidable circumstances.
• Trading window closed from 01 Oct 2026 to 25 Oct 2026 for results.

Dematerialisation processing status

• Dematerialisation requests processed within the regulatory time limits (accepted or rejected on technical grounds).
• Securities dematerialised have been listed on the stock exchanges where earlier securities are listed.
• Physical certificates were mutilated and cancelled after verification, with the depository substituted as registered owner.

City Pulse Multiventures Ltd – Trading Window closed from October 01, 2026 until 48 hours after the declaration of Unaudited Financial Results for the half year ended September 30, 2026.

AGM Details

• Held on September 28, 2026 at 9:00 AM via VC/OAVM.
• Shareholder record date: 824; total on record.
• Meeting conducted via video conference; no physical attendance.
• Public attendance: 25 via VC; promoter group: 3.

Resolutions

• Resolution 1 (Ordinary): Adopt Audited Financial Statements and reports.
• Resolution 2 (Ordinary): Re-appoint director retiring by rotation.

Voting Results

• Resolution 1: Passed with overwhelming support; minimal dissent.
• Resolution 2: Passed; small number of votes against.

Director Changes

• Director rotation: director retired by rotation offered for re-appointment.

AGM details

• 26th AGM held on 28 September 2026 at 9:00 AM IST via video conferencing.
• Directors including CMD and two WTDs attended the meeting.
• The meeting was conducted in compliance with MCA and SEBI circulars.
• Financials for FY 2025-26 were presented at the meeting.
• Auditor's report for FY 2025-26 had no qualification.

AGM details

• 26th AGM held on 28 September 2026 at 9:00 A.M. IST via VC/OAVM.
• Meeting concluded at 9:09 A.M.
• Results to be announced later and submitted to stock exchanges.

Resolutions

• Two ordinary resolutions: adoption of audited financial statements and reports.
• Re-appointment of director retiring by rotation.
• No special business transacted.

Governance actions

• Scrutinizer appointed to supervise e-voting.

Agreement details

• Entered into a Film Promotion & Digital Advertising Agreement with Sunshine Pictures Limited.
• The company will promote and display Sunshine Pictures content across its digital platforms.
• Compensation is primarily on a user-view basis, based on qualifying views.
• Effective date is 22 August 2026; executed 13 September 2026; initial term is one year with auto-renewal.
• Upfront payment on execution is INR 9 crore plus GST.
• Billing is monthly or on campaign completion, with payment due within 30 days of invoice.
• Content scope includes 39 music videos and three digital shows.
• Transaction is arm's-length; Sunshine Pictures is not a related party.
• No impact on management or control; no governance changes.
• The engagement is expected to strengthen digital content and advertising, contributing to revenues this and future years.

Financial highlights

• Revenue from operations: INR 502.27 Lakhs in FY2025-26.
• Total revenue: INR 502.27 Lakhs.
• Profit after tax: INR 228.48 Lakhs; up from 134.44.
• EPS (basic and diluted): INR 2.14.
• Dividend declared: none for FY2025-26.
• Net profit margin: 45.49% of turnover.
• Authorized capital Rs 11 Cr; paid-up capital Rs 10.66 Cr.
• Proposed preferential issue: 42,75,900 shares; listing pending.

Capital & liquidity

• Closing cash and cash equivalents: ₹6.83 Cr.
• Debt: long-term ₹3.34 Cr; short-term ₹0.57 Cr.
• Promoters at year-end: Arpit Mehta 9.13%; Rajal 1.86%; Luvv 0.77%; Nalini 0.13%; Rajnikant 0.09%.

Operations & growth

• WOWPLEX OTT launched to target digital-first audience.
• Ahmedabad expansion: two screens existing; three more planned at Khokhra and Maninagar.
• Future projects: weekend villas club & resort in Matar; solar park in Matar.

Governance & board

• Board comprises 8 members; 3 independent directors.
• 6 board meetings held in FY2025-26.
• Audit, Nomination & Remuneration, and Stakeholders relationships committees exist.
• Secretarial audit flagged non-submission of integrated governance report; BSE fines.

Audits & internal controls

• Statutory auditor: Rajendra J. Shah & Co; 5-year term.
• Secretarial auditor: Payal Dhamecha; five-year term.
• Internal controls: adequate and operating; auditors certify.
• CARO-related findings disclosed; no material impact stated.

Related party disclosures

• Related party transactions disclosed; arm's-length; share-swap noted; listing pending.
• Balances with promoters include loans and remuneration payable.

Regulatory & risk

• Pending listing of preferential issue; listing approval uncertain as at 31-Mar-2026.
• Outlook positive for digital media; regulatory changes may affect timing.

Other disclosures

• CSR not applicable; no deposits accepted.
• Integrated governance reporting non-compliance noted; management to implement.

Board meeting details

• Board meeting held on 01 September 2026 from 3:00 PM to 3:30 PM.

Key resolutions

• Board approved the 26th AGM notice for 28 September 2026 at 9:00 AM IST via VC/OAVM.
• Board approved Director's Report and its annexure for the year ended March 31, 2026.
• Copy of the Notice and Director's Report will be sent to shareholders and stock exchange in due course.

Financial snapshot

• Revenue from operations for FY2025-26: 502.27 Lakhs.
• Total revenue for FY2025-26: 502.27 Lakhs.
• Profit before tax: 308.76 Lakhs.
• Tax expenses: 80.27 Lakhs.
• Profit for the year: 228.48 Lakhs.
• Depreciation and amortization: 75.49 Lakhs.

Dividend & capital allocation

• Dividend: Board recommended not to declare dividend.
• Authorized capital INR 11,00,00,000; paid-up INR 10,66,40,330; 106,64,033 shares.
• No amount transferred to reserves due to no profit.

Capital structure & liquidity

• No borrowings outstanding as at 31 March 2026.
• Proposed preferential issue of 42,75,900 equity shares under a share-swap; listing approval pending.
• No additional debt facilities reported.

Governance & internal controls

• Board consists of 8 directors; 3 independent directors.
• Board meetings held: 6 in FY2025-26.
• Audit Committee has 3 directors; 4 meetings held.
• Secretarial audit notes: integrated governance report not filed on time; BSE fines.
• Internal audit: Re-appointed Parag Patel & Co.

Audit & compliance

• Statutory auditors: Rajendra J. Shah & Co appointed for 5 years, subject to shareholder approval.
• Independent auditor: no qualifications; going concern not in doubt.
• No fraud reported; no pending litigations.
• CARO reports: no qualifications or adverse remarks.

Related party disclosures

• Related party transactions disclosed; Annexure-II attached.
• Form AOC-2 attached.

Outlook & strategy

• WOWPLEX OTT platform launched; growth pillars: OTT, IP, direct-to-consumer.
• Expansion: 2 screens at Iskon Circle; 3 screens at Khokhra.
• Weekend villas club and resort at Matar; solar park at Matar, Kheda.
• Regulatory environment evolving; government support for OTT/digital content.

Tax & regulatory

• Income tax demands outstanding: Rs 970; Rs 2,26,220; Rs 8,40,510; Rs 11,07,320; Rs 23,91,540.
• TDS demands: Rs 15,51,072.