Net Pix Shorts Digital Media Ltd

CFO appointment

• Appointment of Mr. Ritesh Tiwari as Chief Financial Officer effective 14 October 2026.
• Profile: 41-year-old with 15+ years in D2C brand creation and fashion sectors.
• Term: Not specified.
• Approved by Board on recommendation of Nomination and Remuneration Committee.

AGM Details

• AGM held on 30 September 2026 at 3:00 PM at registered office.
• Mode: physical; e-voting exempt; polling papers available at AGM.
• Voting cut-off date: 23 September 2026.
• Meeting duration: 3:00 PM to 4:00 PM.
• Audited financial statements presented; no qualifications observed.

Resolutions & Governance

• Ordinary: Adoption of annual accounts; outcome to be announced.
• Ordinary: Appointment of Danish Zakaria Aghadi by rotation; re-appointment proposed.
• Special: Regularization of Ritesh Tiwari as Managing Director and Chairman.
• Special: Regularization of Alka Tiwari as Whole-Time Director.
• Special: Change in designation of Danish Zakaria Aghadi from MD to Executive Director.
• Special: Approve material related-party transactions under Section 188 and LODR.
• Special: Change the company name and amend MOA/AOA.
• Special: Alter MOA Object Clause.
• Special: Increase authorized share capital and amend MOA.
• Special: Shift registered office to Rajasthan; amend MOA.
• Special: Re-classify promoter and promoter group.

Net Pix Shorts Digital Media Limited — Trading window closes from 1 October 2026 until 48 hours after the unaudited half-year results for the period ended 30 September 2026 (designated persons and their immediate relatives).

Financial performance

• Total income rose to 63.57 Lakhs for year ended 31 March 2026, up from 47.31 Lakhs.
• Revenue from operations: 56.67 Lakhs; other income: 6.90 Lakhs.
• Profit before tax: 4.10 Lakhs; prior year: (7.09) Lakhs.
• Net profit after tax: 0.39 Lakhs; previous year: (3.77).
• Basic/Diluted EPS: 0.00 Rs.
• Net cash from operating activities: 850.77 Lakhs.
• Net cash from financing activities: (700.42) Lakhs (borrowing repayments).
• Cash and cash equivalents year-end: 153.33 Lakhs.
• Total assets declined to 683.96 Lakhs; shareholders’ funds: 586.65 Lakhs.
• Long-term borrowings reduced to 96.13 Lakhs from 796.55 Lakhs.

Capital structure & liquidity

• Authorised share capital increased to Rs 18 Crore.
• Paid-up capital stands at Rs 3.20 Crore.
• Long-term borrowings reduced to Rs 96.13 Lakhs from Rs 796.55 Lakhs.
• Shift of registered office from Maharashtra to Rajasthan planned; MOA/MOA amendments required.
• Proposed name change to Namastika Limited; pending regulatory approvals.

Corporate actions & governance

• Ritesh Tiwari appointed Additional Director on 14 Jul 2026; regularized as MD for 5 years.
• Remuneration for MD up to Rs 30 Lakhs per annum.
• Alka Tiwari appointed Additional Director on 14 Jul 2026; regularized as Whole-Time Director.
• Danish Zakaria Aghadi to Executive Director; designation change approved.
• Promoter reclassification: Ritesh Tiwari & Alka Tiwari as promoters; Danish to Public.
• Open Offer to acquire up to 26% from public; 60,000 shares offered.

New business strategy & objects

• New line of business: Digital and B2B textile/retail distribution started 22 Jul 2026.
• Objects clause expanded to garment, textile, and related sectors.
• Corporate office established at 6/56 Swati Mehrotra Road, Jaipur, Rajasthan.

Audit, risk & internal controls

• Statutory auditor M/s B. L. Dasharda & Associates reappointed for 2025-30; no qualifications.
• Secretarial audit by Pimple & Associates; internal financial controls not established; disclaimer issued.
• Internal audit by M/s SM Bhat & Associates; quarterly reviews conducted.
• Board-level responsibility statement confirms going concern and internal controls, subject to limitations.

Dividend, AGM & shareholding

• Dividend for FY2025-26 not declared; profits retained for growth.
• 7th AGM scheduled 30 Sep 2026; e-voting exempt for SME listing; voting by show of hands unless poll demanded.
• Annual report and AGM notice circulated electronically; accessible on company and BSE websites.

Related party transactions

• Material RPTs under Section 188 approved; maximum 20 Crores per contract.
• RPTs with Ritesh Tiwari, Alka Tiwari; Namastika Retail Private Limited; Namastika Ventures LLP.
• Disclosure of related party contracts via AOC-2; reviewed by Audit Committee.

Meeting Details

• Date: July 22, 2026; time and venue not disclosed.

Key Agenda Items

• Change in company name to Namastika Enterprises Limited, subject to ROC approvals.
• Alteration in MOA object clause to expand business, subject to shareholders' approval.
• Setting up the corporate office of the company.
• Entering digital and B2B distribution of textile and retail products; powers to director Ritesh Tiwari.
• Any Other Business with permission of Chairman.

Other Notes

• Agenda items subject to ROC and shareholder approvals as applicable.

Dematerialisation processing and outcomes

• Dematerialisation requests received during the quarter were processed and confirmed to depositories.
• Securities in the dematerialised certificates have been listed on the exchanges where prior securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after due verification.
• Depository name was substituted as registered owner in the register of members within the prescribed timeline.

Key governance changes and promoter transfer

• Appointed Ritesh Tiwari as Executive Director, Chairman & Managing Director; subject to shareholders' approval at ensuing General Meeting.
• Appointed Alka Tiwari as Executive Director, Whole Time Director; subject to shareholders' approval at ensuing General Meeting.
• Nazish Furniturewala resigned as Executive Director & CFO with immediate effect.
• Transfer of 2,300,000 equity shares representing 71.87% of capital to Ritesh Tiwari and Alka Tiwari under SPA.
• Ritesh Tiwari and Alka Tiwari to be promoters; Danish Aghadi to cease promoter status, pending Reg 31A approvals.
• Appointments to hold till ensuing General Meeting.
• Related-party disclosure: spouses of Ritesh and Alka Tiwari.