Diligent Media Corporation logo

Diligent Media Corporation MD, chairman, board of directors and AGM

NSE: DNAMEDIABSE: 540789MediaSmall Cap

Last close ₹2.31up ₹0.04 (1.76%)BSE ₹2.43

Share price at the NSE close on 23 Oct 2026. Previous close ₹2.27.

52-week range of traded prices to 23 Oct 2026
₹2.17Low, 17 Sep 2026₹5.09High, 16 Jan 2026
Market cap
₹27 Cr3,650th largest listed
P/E
Lossover the last 12 months
P/B
Net worth zero or below
Dividend yield
Nonein the last 12 months
ROE
Net worth zero or below
ROCE
−0.3%
Debt to equity
Net worth zero or below
Volume, NSE
30,58935.3% delivered

Diligent Media Corporation 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

  • Company Secretary and Compliance OfficerJyoti Upadhyay

5 directors2 independent1 executive2 non-executive

  • Mukesh JindalNon-executive · joined Oct 2021 · 1 listed board · 2 committee seats
  • Prakash VaghelaIndependent · joined Jun 2021 · reappointed Jun 2024 · 60 months as independent · 6 listed boards · 6 as independent · 8 committee seats, 3 as chair
  • Amit SinghalIndependent · joined May 2025 · reappointed May 2025 · 13 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Ronak JatwalaNon-executive · joined Jul 2020 · 1 listed board
  • Nagendra BhandariExecutive · joined Jul 2024 · 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.

3 directors who left
  • Garima Bharadwaj, left 5 Jun 2026: Others
  • Shilpi Asthana, left 28 May 2025: Tenure Completion
  • Manoj Agarwal, left 28 May 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 28 May 20266 of 6 present3 independent · 61 days in between
    • 27 Mar 20265 of 6 present2 independent · 43 days in between
    • 11 Feb 20265 of 6 present2 independent

  • Audit Committee

    Chair Amit Singhal

    Mukesh Jindal, Prakash Vaghela

    • 28 May 20264 of 4 present3 independent · 61 days in between
    • 27 Mar 20264 of 4 present3 independent · 43 days in between
    • 11 Feb 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Amit Singhal, Mukesh Jindal

    • 28 May 20264 of 4 present3 independent · 61 days in between

  • Stakeholders Relationship Committee

    Ronak Jatwala, Mukesh Jindal

    • 27 Mar 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.

  • MGB & Co. LLPPeer-review certificate valid to Feb 2029

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.

Diligent Media Corporation 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.Diligent Media Corporation share news and announcements

Annual general meeting, 25 Sep 2026

84,624 shareholders on the register on 18 Sep 2026; present: 7 promoters and 41 others; votes counted by Mita Pushpal Sanghavi / MP Sanghavi & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Annual Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, together with reports of the Board of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 66.83% · promoters 100.00% · institutions 99.19% · other public 2.04%

  2. 2 - To re-appoint Mr. Mukesh Jindal (DIN: 02589636), as Non-Executive Non-Independent Director of Company, liable to retire by rotation and being eligible, offer himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.25%

    Turnout: all 66.83% · promoters 100.00% · institutions 99.19% · other public 2.04%

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, 26 Aug 2025, 6 resolutions

88,510 shareholders on the register on 19 Aug 2025; present: 7 promoters and 35 others; votes counted by Mrs. Mita Pushpal Sanghavi / M P Sanghavi and Associates LLP.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Annual Audited Financial Statements of the Company for the Financial Year ended March 31, 2025, together with reports of the Board of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.41%

    Turnout: all 66.27% · promoters 100.00% · institutions 99.24% · other public 0.40%

  2. To re-appoint Mr. Ronak Jagdish Jatwala (DIN: 08812389), as Non-Executive Non Independent Director of the Company, liable to retire by rotation, and being eligible, offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.43%

    Turnout: all 66.27% · promoters 100.00% · institutions 99.24% · other public 0.40%

  3. To approve the appointment of Ms. Garima Bharadwaj (DIN: 10632970) as a Non-Executive Independent Woman Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.44%

    Turnout: all 66.27% · promoters 100.00% · institutions 99.24% · other public 0.40%

  4. To approve the appointment of Mr. Amit Singhal (DIN: 10764269) as a Non-Executive Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 66.27% · promoters 100.00% · institutions 99.24% · other public 0.40%

  5. Appointment of M/s. Neelam Gupta & Associates, Practicing Company Secretary, Peer Review Certificate No. 6760/2025 (Firm Registration Number: S2006DE086800) as the Secretarial Auditor of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.50%

    Turnout: all 66.27% · promoters 100.00% · institutions 99.24% · other public 0.40%

  6. To approve Material Related Party Transactions between the Company and Indiadotcom Digital Private Limited
    OrdinaryPromoters have an interest in it
    97.85% for2.15% against

    Against: promoters 0.00% · institutions 0.00% · other public 65.56%

    Turnout: all 4.11% · promoters 0.00% · institutions 99.24% · other public 0.40%

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 Sep 2024, 4 resolutions

Present: 7 promoters and 34 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Annual Audited Financial Statements of the Company for the Financial Year ended March 31, 2024, together with the reports of the Board of Directors and Auditors thereon and the Annual Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2024MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.38%

    Turnout: all 66.90% · promoters 100.00% · institutions 99.28% · other public 2.25%

  2. Re-appointment of Mr. Mukesh Jindal (DIN: 02589636), as Director of the Company, liable to retire by rotation
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.70%

    Turnout: all 66.90% · promoters 100.00% · institutions 99.28% · other public 2.25%

  3. Appointment of Mr. Nagendra Bhandari (DIN: 10221812), as Director of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 66.90% · promoters 100.00% · institutions 99.28% · other public 2.25%

  4. Appointment of Mr. Nagendra Bhandari (DIN: 10221812), as Whole-time Director of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 66.90% · promoters 100.00% · institutions 99.28% · other public 2.25%

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, 27 Mar 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Approval of Material Related Party Transactions with Indiadotcom Digital Private Limited
    OrdinaryPromoters have an interest in it
    0.09% for99.91% against

    Against: promoters 0.00% · institutions 100.00% · other public 99.57%

    Turnout: all 5.03% · promoters 0.00% · institutions 87.86% · other public 3.16%

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, 28 Sep 2023, 4 resolutions

Present: 4 promoters and 60 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Annual Audited Financial Statements of the Company for the Financial Year ended March 31, 2023, together with reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 69.33% · promoters 100.00% · institutions 87.84% · other public 9.58%

  2. To re-appoint Mr. Nishikant Upadhyay (Director Identification Number: 07779721), as Non-Executive Director of the Company, liable to retire by rotation, and being eligible, offers himself for re-appointmentMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 69.33% · promoters 100.00% · institutions 87.84% · other public 9.58%

  3. Re-appointment of Mr. Prakash Vaghela (Director Identification Number: 07768595) as an Independent Director of the Company, for a second term of 5 (Five) years
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 69.33% · promoters 100.00% · institutions 87.84% · other public 9.58%

  4. To approve Material Related Party Transactions between the Company and Indiadotcom Digital Private Limited
    Ordinary
    44.48% for55.52% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.12%

    Turnout: all 7.16% · promoters 0.00% · institutions 87.84% · other public 9.58%

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, 30 Sep 2022, 7 resolutions

Present: 7 promoters and 28 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements andnReport of the Board of Directors and Auditors thereon
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 69.63% · promoters 100.00% · institutions 75.29% · other public 10.74%

  2. Re-appointment of Mr. Ronak Jatwala (DirectornIdentification Number: 08812389) Director, liable tonretire by rotationn
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.85%

    Turnout: all 69.63% · promoters 100.00% · institutions 75.29% · other public 10.74%

  3. Appointment of Statutory Auditors and fixing of theirnremunerationn
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 69.63% · promoters 100.00% · institutions 75.29% · other public 10.74%

  4. Appointment of Mr. Mukesh Jindal (DirectornIdentification Number: 02589636) as a Non - ExecutivenNon - Independent Director of the Company
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.72%

    Turnout: all 69.63% · promoters 100.00% · institutions 75.29% · other public 10.74%

  5. Alteration of Memorandum of Association of thenCompany
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 69.63% · promoters 100.00% · institutions 75.29% · other public 10.74%

  6. Adoption of restated Articles of Association
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 69.63% · promoters 100.00% · institutions 75.29% · other public 10.74%

  7. To approve related party transaction for Settlementnof outstanding due to Zee Media Corporation Limitedn(“ZMCL”)
    Ordinary
    99.68% for0.32% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.68%

    Turnout: all 7.47% · promoters 0.00% · institutions 75.29% · other public 10.74%

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.

Postal ballot, 14 Dec 2021, 1 resolution

The company's voting result (opens in a new tab)

  1. 1.tTo approve the terms of settlement with Zee Media Corporation Limited.
    OrdinaryPromoters have an interest in it
    25.81% for74.19% against

    Against: promoters 0.00% · institutions 100.00% · other public 1.11%

    Turnout: all 5.38% · promoters 0.00% · institutions 75.29% · other public 4.31%

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 Sep 2021, 7 resolutions

Present: 7 promoters and 35 others.The company's voting result (opens in a new tab)

  1. 1 - Adoption of Audited Financial Statements of the Company for the financial year ended March 31, 2021 including Balance Sheet, Statement of Profit & Loss and the Reports of Auditors and Directors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 65.94% · promoters 100.00% · institutions 0.00% · other public 11.58%

  2. 2 - Re-appointment of Mr. Nishikant Upadhyay (DIN 07779721) as a Director retiring by rotation.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 65.94% · promoters 100.00% · institutions 0.00% · other public 11.58%

  3. 3 - Appointment of Mr. Prakash Vaghela (DIN 07768595) as an Independent Director of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 65.94% · promoters 100.00% · institutions 0.00% · other public 11.58%

  4. 4 - Approval of related party transaction for revenue sharing arrangement with related party.
    OrdinaryPromoters have an interest in it
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 3.77% · promoters 0.00% · institutions 0.00% · other public 11.58%

  5. 5 - Approval of related party transaction for availing of services from related parties.
    OrdinaryPromoters have an interest in it
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 3.77% · promoters 0.00% · institutions 0.00% · other public 11.58%

  6. 6 - Appointment of Mr. Manoj Agarwal (DIN 00590535) as an Independent Director of the Company for the second term.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 65.94% · promoters 100.00% · institutions 0.00% · other public 11.58%

  7. 7 - Appointment of Mrs. Shilpi Asthana (DIN 08465502) as an Independent Director of the Company for the second term.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 65.94% · promoters 100.00% · institutions 0.00% · other public 11.58%

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 Income-tax (Appeals)Since 19 Jun 2023
    Appeal is Pending before Commissioner of Income-tax (Appeals)
    At the filing before: The Company had filed an appeal before Commissioner of Income-tax (Appeals) for the assessment year 2013-14, against a demand for Rs 41.3 crores (excluding interest) arising out of an addition of long-term capital gainsMoreLess
  • Tax disputeJoint Commissioner of State Tax, Appeal – 4Since 14 Aug 2023
    Pending Company decision on availing of the GST Amnesty Scheme or any other remedy
    At the filing before: Demand raised for excess ITC claimed, in-eligible Input Tax Credit claimed and Input Tax Credit on purchase invoices
  • Tax disputeAssistant Commissioner, Division – III, CGST & C.Ex., Mumbai CentralSince 15 Feb 2024
    Appeal is under process.
    At the filing before: Orders passed by authority raising demand of Rs. 38,31,132/ and demand of Rs 49,89,561/
  • Tax disputeDeputy Commissioner of Income Tax Circle 6(1)(1), MumbaiSince 22 Mar 2024
    The Company has filed an application seeking stay on demand before DCIT and an early hearing in this matter before the CIT(A).
    At the filing before: The Company received further communication on July 14, 2025, directing payment of 20% of the said demand (AY 2013-14), failing which coercive recovery measures may be undertaken. The Company is in the process of filing an application seeking stay on demand before DCIT and an early hearing in this matter before the CIT(A).MoreLess
  • Tax disputeOffice of Assistant Commissioner of State Tax, MumbaiSince 23 Apr 2024
    Appeal filed same is pending
    At the filing before: An Order has been received by the Company in the name of
  • Tax disputeOffice of Dy. Commissioner of State Tax, Mumbai, MumbaiSince 19 Jul 2024
    Appeal filed same is pending
    At the filing before: Pri-Media Services Private Limited (‘Pri-Media’) (an erstwhile
  • Tax disputeOffice of the Assistant Commissioner of State Tax, (CST-INV-D-0103), Department of Goods and Services Tax, MumbaiSince 14 Jan 2026
    Relying on certain judicial precedents of Hon’ble High Court in similar matters, and upon the advice of the Counsels of the Company, the Company has challenged the impugned Demand Order by way of filing Writ Petition before the Hon’ble High Court of Bombay on February 24, 2026MoreLess
    At the filing before: entity merged with Diligent Media Corporation Limited w.e.f.
  • Tax disputeAssistant Commissioner of State Tax, MumbaiSince 31 Mar 2026
    In respect of earlier similar order issued by the GST Department regarding sale of part of leasehold land to M/s CTRL S (India) Pvt. Ltd., the Company had filed a writ petition before the Hon’ble High Court of Bombay. Since the present order is of similar nature and the other part of that leasehold land, the Company shall be filing a writ petition shortly.MoreLess
    At the filing before: April 1, 2017). The Order pertains to the financial year 2018-

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

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
No
The company has a risk management committee
No
The chair is related to the managing director
No
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.