Balaji Telefilms MD, chairman, board of directors and AGM
NSE: BALAJITELEBSE: 532382EntertainmentSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹89.06.
- Next results date: the board meets on 13 Nov 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,053 Cr1,411th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 26 May 2026
- 1.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 13 Aug 2026
- −3.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 13 Aug 2026
- −5.8%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 26 May 2026
- 0.02
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,40,69753.1% delivered
Balaji Telefilms board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonJeetendra Alias Ravi Amarnath KapoorRelated to the promoter
- Managing directorShobha Ravi Kapoor
- Managing directorEkta Ravi Kapoor
- Company Secretary and Compliance OfficerTannu Sharma
10 directors5 independent2 executive3 non-executive
- Jeetendra Alias Ravi Amarnath Kapoor · ChairpersonNon-executive · joined Feb 2000 · 1 listed board · 2 committee seats, 1 as chair
- Shobha Ravi Kapoor · Managing directorExecutive · joined Nov 1994 · 1 listed board · 1 committee seat
- Ekta Ravi Kapoor · Managing directorExecutive · joined Nov 1994 · 1 listed board · 1 committee seat
- Rohit JainIndependent · joined May 2024 · reappointed May 2024 · 25 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Avijit MukerjiIndependent · joined May 2024 · reappointed May 2024 · 25 months as independent · 3 listed boards · 2 as independent · 3 committee seats, 1 as chair
- Pankaj Baikunthnath ChaturvediIndependent · joined Dec 2025 · reappointed Dec 2025 · 6 months as independent · 1 listed board · 1 as independent
- Ashutosh KhannaIndependent · joined Feb 2024 · reappointed Feb 2024 · 28 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Archana Niranjan HingoraniIndependent · joined Aug 2020 · reappointed Aug 2025 · 70 months as independent · 6 listed boards · 6 as independent · 7 committee seats, 4 as chair
- Jyoti DeshpandeNon-executive · joined Mar 2018 · 2 listed boards
- Priyanka ChaudharyNon-executive · joined May 2022 · 1 listed board
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- ARUN KUMAR PURWAR, left 30 Aug 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 26 May 20266 of 10 present3 independent · 101 days in between
- 13 Feb 20269 of 10 present5 independent
Audit Committee
Chair Ashutosh Khanna
Jeetendra Alias Ravi Amarnath Kapoor, Rohit Jain
- 25 May 20263 of 3 present2 independent · 100 days in between
- 13 Feb 20262 of 3 present2 independent
Nomination and remuneration committee
Chair Ashutosh Khanna
Rohit Jain, Jeetendra Alias Ravi Amarnath Kapoor
- 25 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Jeetendra Alias Ravi Amarnath Kapoor
Shobha Ravi Kapoor, Ekta Ravi Kapoor, Ashutosh Khanna
- 25 May 20263 of 4 present0 independent · 100 days in between
- 13 Feb 20263 of 4 present0 independent
Risk Management Committee
Chair Shobha Ravi Kapoor
Jeetendra Alias Ravi Amarnath Kapoor, Ashutosh Khanna
- 13 Feb 20262 of 3 present0 independent
Corporate Social Responsibility Committee
Chair Jeetendra Alias Ravi Amarnath Kapoor
Shobha Ravi Kapoor, Ashutosh Khanna
- 25 May 20262 of 3 present0 independent · 100 days in between
- 13 Feb 20262 of 3 present0 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- M/S Deloitte Haskins & Sells LLPPeer-review certificate valid to Jul 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Balaji Telefilms AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Balaji Telefilms dividend history
Annual general meeting, 29 Sep 2026
29,110 shareholders on the register on 22 Sep 2026; present: 5 promoters and 57 others; votes counted by Mr. Vijay Yadav / M/s AVS & ASSOCIATES.The company's voting result (opens in a new tab)
Adoption of (a) the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, and the reports of the Board of Directors and Auditors thereon; and (b) the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, and the report of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 53.38% · promoters 100.00% · institutions 0.24% · other public 50.01%
- Appointment of Director in place of Mrs. Shobha Ravi Kapoor (DIN: 00005124), who retires by rotation and being eligible, seeks re-appointmentOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 53.38% · promoters 100.00% · institutions 0.24% · other public 50.01%
- Approval of Continuation of Directorship of Ms. Priyanka Chaudhary (DIN: 06520285), Non-Executive, Non-Independent Director of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 53.38% · promoters 100.00% · institutions 0.24% · other public 50.01%
Approval of Remuneration Payable to Mrs. Shobha Ravi Kapoor (DIN:00005124) as Managing Director Notice of the Annual General Meeting of the Company for her Remaining Tenure of 2 years w.e.f. November 10, 2026.MoreLess
SpecialPromoters have an interest in it99.98% for0.02% againstAgainst: promoters 0.00% · institutions 11.23% · other public 0.02%
Turnout: all 53.38% · promoters 100.00% · institutions 0.24% · other public 50.01%
- To approve remuneration payable to Ms. Ekta Ravi Kapoor (DIN:00005093) as Joint Managing Director of the Company for the remaining tenure of 2 years w.e.f. November 10, 2026SpecialPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 11.23% · other public 0.02%
Turnout: all 53.38% · promoters 100.00% · institutions 0.24% · other public 50.01%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 26 Mar 2026, 1 resolution
30,126 shareholders on the register on 20 Feb 2026; votes counted by Vijay Yadav / AVS & Associates.The company's voting result (opens in a new tab)
- Appointment of Mr. Pankaj Baikunthnath Chaturvedi (DIN: 00142853) as Non-Executive Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 54.41% · promoters 100.00% · institutions 0.03% · other public 52.27%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 29 Sep 2025, 4 resolutions
31,025 shareholders on the register on 22 Sep 2025; present: 1 promoter and 46 others; votes counted by Vijay Yadav / AVS & Associates.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, and Reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 54.92% · promoters 100.00% · institutions 0.05% · other public 41.17%
- Appointment of Director in place of Ms. Ekta Ravi Kapoor (DIN: 00005093), who retires by rotation and being eligible, seeks re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.31% · promoters 100.00% · institutions 0.05% · other public 49.03%
- Re-appointment of Dr. Archana Hingorani (DIN: 00028037) as Non-Executive Independent Director of the Company for a second term of 5 (five) yearsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 54.92% · promoters 100.00% · institutions 0.05% · other public 41.17%
- Appointment of M/s AVS & Associates, Company Secretaries, as the Secretarial Auditors of the Company for a term of 5(five) consecutive financial yearsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 54.92% · promoters 100.00% · institutions 0.05% · other public 41.17%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Meeting called by the tribunal, 25 Apr 2025, 1 resolution
36,392 shareholders on the register on 18 Apr 2025; present: 1 promoter and 50 others; votes counted by Ashwini Gupta / A R GUPTA & CO.The company's voting result (opens in a new tab)
To consider and approve Scheme of Arrangement between ALT Digital Media Entertainment Limited (First Transferor Company), Marinating Films Private Limited (Second Transferor Company) and Balaji Telefilms Limited (Transferee Company) and their respective shareholdersMoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 57.55% · promoters 100.00% · institutions 0.00% · other public 59.74%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 11 Jan 2025, 3 resolutions
37,908 shareholders on the register on 4 Jan 2025; present: 3 promoters and 62 others; votes counted by Vijay Mahendra Yadav / AVS and Associates.The company's voting result (opens in a new tab)
- Issue of Equity Shares on a Preferential Basis to Ms. Ekta Ravi Kapoor, Promoter and Joint Managing Director of the Company.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 59.46% · promoters 100.00% · institutions 0.00% · other public 53.60%
- Issue of Equity Shares on a Preferential Basis to Entities belonging to Non-Promoter Category.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.46% · promoters 100.00% · institutions 0.00% · other public 53.60%
- Issue of Equity Shares on a Preferential Basis to Individual belonging to Non-Promoter Category.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 59.46% · promoters 100.00% · institutions 0.00% · other public 53.60%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 27 Aug 2024, 6 resolutions
Present: 4 promoters and 78 others.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024, and Reports of the Board of Directors and Auditors thereon.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 100.00% · other public 0.05%
Turnout: all 59.60% · promoters 100.00% · institutions 0.00% · other public 53.71%
- Appointment of Director in place of Mr. Jeetendra Kapoor (DIN: 00005345), who retires by rotation and being eligible, seeks re-appointmentSpecialPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 100.00% · other public 0.05%
Turnout: all 59.60% · promoters 100.00% · institutions 0.00% · other public 53.71%
- Appointment of Mr. Rohit Jain (DIN: 01684970) as Non-Executive Independent Director of the Company for period of 5 (Five) yearsSpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 59.60% · promoters 100.00% · institutions 0.00% · other public 53.71%
- Appointment of Mr. Avijit Mukerji (DIN: 03534116) as Non-Executive Independent Director of the Company for period of 5 (Five) yearsSpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 59.60% · promoters 100.00% · institutions 0.00% · other public 53.71%
- Approval of the continuation of directorship of Ms. Jyoti Deshpande (DIN: 02303283) Non-Executive Non-Independent Director of the CompanyOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 59.60% · promoters 100.00% · institutions 0.00% · other public 53.71%
- Payment of Profit-related Commission to Mr. Jeetendra Kapoor (DIN: 00005345) Chairman and Non-Executive Director of the CompanySpecialPromoters have an interest in it99.97% for0.03% against
Against: promoters 0.00% · institutions 100.00% · other public 0.06%
Turnout: all 59.60% · promoters 100.00% · institutions 0.00% · other public 53.71%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 8 May 2024, 1 resolution
The company's voting result (opens in a new tab)
- APPOINTMENT OF MR. ASHUTOSH KHANNA (DIN: 03153990) AS NON-EXECUTIVEnINDEPENDENT DIRECTOR OF THE COMPANYSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 59.58% · promoters 100.00% · institutions 0.00% · other public 54.11%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 17 Aug 2023, 5 resolutions
Present: 1 promoter and 59 others.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2023 together with the Reports of the Board of Directors and the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.33% · promoters 99.93% · institutions 0.00% · other public 52.79%
- Re-appointment of Mrs. Shobha Kapoor (DIN: 00005124) as a Director of the Company, who retires by rotation, and being eligible offered herself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 59.33% · promoters 99.93% · institutions 0.00% · other public 52.79%
- Re-appointment of Mrs. Shobha Kapoor (DIN:00005124) as a Managing Director of the Company.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 100.00% · other public 0.01%
Turnout: all 59.33% · promoters 99.93% · institutions 0.00% · other public 52.79%
- Re-appointment Ms. Ektaa R. Kapoor (DIN: 00005093) as Joint Managing Director of the CompanySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 100.00% · other public 0.00%
Turnout: all 59.33% · promoters 99.93% · institutions 0.00% · other public 52.79%
- Payment of Commission to Non-Executive Directors of the CompanySpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 100.00% · other public 2.64%
Turnout: all 34.41% · promoters 99.93% · institutions 0.00% · other public 0.19%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeCommissioner of Service TaxSince 15 Jun 2009Pending with High Court of Judicature at Bombay
At the filing before: The Company has received a Show Cause Notice (SCN) from the Service Tax Department for the period April 2006 to March 2008, amounting to Rs. 6,348 Lacs, related to exports made to one of its customers.The Service Tax Department adjudicated in the Company's favor and dropped the demand of Rs. 6,348 Lacs. The Department filed an appeal against this decision with the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), which was dismissed by the Hon'ble CESTAT in their order dated March 9, 2016. Subsequently, the Department filed an appeal against this order with the High Court on October 19, 2016, which is currently pending adjudicationMoreLess
- Tax disputeCommissioner of Service TaxSince 16 Jul 2010Pending with Commissioner of Service Tax
At the filing before: The Company had received demand notices from the Office of the Commissioner of Service Tax, for the period April 2008 to March 2010 on exports made to one of the customers of the Company. The company had recived similar notice from the Office of the Commissioner of Service Tax, for the period April 2006 to March,2008. On appeal to the Commissioner of Service Tax, the matter pertaining to the period April 2006 to March 2008 was adjudicated in favor of the Company The department had further filed an appeal against the said order with the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) which was dismissed by the Hon'ble CESTAT vide their order dated March 9, 2016. On the same matter as aforesaid, the Company had received a Show Cause Notice (SCN) for the period April 2008 to March 2010 amounting to Rs. 28,97 lacs. The Company, in earlier years, with respect to the SCN's, submitted the replies to the Commissioner of Service tax on the same lines of the matter which was adjudicated in the Company's favor. The copy of the favorable CESTAT order has been submitted with Commissioner and SCN's are pending for adjudication as at the year-end.MoreLess
- Tax disputeCommissioner of Service TaxSince 20 Oct 2014Pending with Commissioner of Service Tax
At the filing before: The Company had received demand notices from the Office of the Commissioner of Service Tax, for the period April 2010 to March 2011 on exports made to one of the customers of the Company. The company had recived similar notice from the Office of the Commissioner of Service Tax, for the period April 2006 to March,2008. On appeal to the Commissioner of Service Tax, the matter pertaining to the period April 2006 to March 2008 was adjudicated in favor of the Company The department had further filed an appeal against the said order with the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) which was dismissed by the Hon'ble CESTAT vide their order dated March 9, 2016. On the same matter as aforesaid, the Company had received a Show Cause Notice (SCN) for the period April 2010 to April 2011 amounting to Rs. 46 lacs. The Company, in earlier years, with respect to the SCN's, submitted the replies to the Commissioner of Service tax on the same lines of the matter which was adjudicated in the Company's favor. The copy of the favorable CESTAT order has been submitted with Commissioner and SCN's are pending for adjudication as at the year-end.MoreLess
- Tax disputeIncome Tax DepartmentSince 19 May 2015Pending for pre-admission at High Court of Judicature at Bombay
At the filing before: With respect to Income Tax matters, a search was conducted on the Company's premises on 30 April 2013. Following this search, block assessments under section 153A of the Income-tax Act, 1961 (Act) were conducted for the Assessment Years 2007-08 to 2012-13. The Company did not appeal against the additions made in the assessment orders for these years. However, penalties were levied for these assessment years, which the Company challenged before the Income-tax Appellate Tribunal-Mumbai (ITAT). The Company accounted for the penalty amount as an exceptional item in the financial statements for the year ended March 31, 2018. Subsequently, the ITAT deleted the penalties levied, and the Income Tax Department refunded the penalties amounting to Rs.1,044.44 Lacs along with interest of Rs.138.33 Lacs under the Act to the Company. This was disclosed as an exceptional item in the financial statements for the year ended March 31, 2021 Following this, the Income Tax Department preferred an appeal before the Hon'ble High Court (HC) Bombay challenging the deletion of the penalties by the ITAT. This appeal is still in the pre-admission stageMoreLess
- Tax disputeDeputy Commissioner of State Tax, MumbaiSince 27 Dec 2023Pending for admission
At the filing before: The Company had received demand notices from the Office of the Deputy Commissioner of State Tax, Mumbai (Excluding Interest and penalty) pertaining to GST for the period April 2017 to March 2018 pertaining to alleged unreconciled turnover from Apple domestic subscriber revenue. The Company clarified that, as per the agreement with Apple, the responsibility for invoicing, collection, and discharge of GST on supplies to Indian subscribers rests with Apple, which has already paid the applicable GST. Supporting agreements and transaction details evidencing discharge of GST liability by Apple have also been submitted to the department. However officer has not accepted the submission and passed the order.MoreLess
- Tax disputeDeputy Commissioner of State Tax, MumbaiSince 22 Apr 2024Pending for admission
At the filing before: The Company had received demand notices from the Office of the Deputy Commissioner of State Tax, Mumbai (Excluding Interest and penalty) pertaining to GST for the period April 2018 to March 2019. Department alleged that company shall not avail ITC in respect to the shows that has been discontinued and written off in books. However company is in the view that being expenditure incurred in respect of production of shows and for the purpose of the business only therefore ITC shall be allowed.MoreLess
- Tax disputeDeputy Commissioner of State Tax, MumbaiSince 31 Oct 2023Pending for admission
At the filing before: The Company had received demand notices from the Office of the Deputy Commissioner of State Tax, Mumbai (Excluding Interest and penalty) pertaining to GST for the period April 2019 to March 2020 pertaining to alleged unreconciled turnover from Apple domestic subscriber revenue. The Company clarified that, as per the agreement with Apple, the responsibility for invoicing, collection, and discharge of GST on supplies to Indian subscribers rests with Apple, which has already paid the applicable GST. Supporting agreements and transaction details evidencing discharge of GST liability by Apple have also been submitted to the department. However officer has not accepted the submission and passed the order.MoreLess
- Tax disputeDeputy Commissioner of State Tax, MumbaiSince 28 Feb 2025Pending for admission
At the filing before: The Company had received demand notices from the Office of the Deputy Commissioner of State Tax, Mumbai (Excluding Interest and penalty) pertaining to GST for the period April 2020 to March 2021 alleging tax payable on Excess ITC claimed as compared to GSTR 2A. Company has availed all ITC from genuine vendors and has complied with conditions for availed of ITC.MoreLess
2 more
- Tax disputeDeputy Commissioner of State Tax, MumbaiSince 9 Dec 2025Appeal admitted
At the filing before: The Company has received demand notices from the Office of the Deputy Commissioner of State Tax, Mumbai (excluding interest and penalty) pertaining to GST for the period April 2021 to March 2022, alleging excess outward tax liability as per GSTR-1 vis-à-vis GSTR-3B/GSTR-9 and excess ITC claimed in GSTR-3B as compared to GSTR-2A. The differences primarily arose due to incorrect reporting in GSTR-9 owing to the lack of clear guidelines prevailing at the relevant time. The management believes that the demand is not sustainable and expects the same to be deleted.MoreLess
- Tax disputeDeputy Commissioner of State Tax, MumbaiSince 17 Dec 2025Appeal admitted
At the filing before: The Company has received demand notices from the Office of the Deputy Commissioner of State Tax, Mumbai (excluding interest and penalty) pertaining to GST for the period April 2021 to March 2022, alleging Excess ITC claimed in GSTR-3B as compared to GSTR-2A. The differences primarily arose due to incorrect reporting in GSTR-9 owing to the lack of clear guidelines prevailing at the relevant time. The management believes that the demand is not sustainable and expects the same to be deleted.MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesFeb 2025, checked by CRISIL RATINGS LIMITED | 130.68 | Movie Production | 65.00 | 32.70 | No |
| Preferential IssuesFeb 2025, checked by CRISIL RATINGS LIMITED | 130.68 | (i) Music Rights retention, acquisition and distribution (ii) Movie distribution business (iii) Digital content business including IP content business | 33.18 | 0.72 | No |
| Preferential IssuesFeb 2025, checked by CRISIL RATINGS LIMITED | 130.68 | General Corporate Purposes | 32.50 | 1.92 | No |