Filmcity Media Ltd (531486)

Filmcity Media Ltd submitted its Statement of Deviation or Variation under Regulation 32 for the quarter ended September 30, 2026. The company confirmed nil deviation in the utilisation of ₹190.00 Lakhs raised through a preferential issue on March 13, 2026. Out of the total proceeds, ₹60.00 Lakhs was fully utilised for promoter loan repayment, and ₹29.18 Lakhs was used for general corporate purposes. Zero funds have been deployed so far towards the planned ₹82.50 Lakhs allocation for setting up a new finance and investment consulting business venture.

• Total funds raised via preferential issue: ₹190.00 Lakhs on March 13, 2026
• Reported nil deviation or variation in fund deployment for Q2 ended September 30, 2026
• ₹60.00 Lakhs fully utilised to repay loans availed from promoter and promoter group
• ₹29.18 Lakhs utilised out of ₹47.50 Lakhs allocated for General Corporate Purposes
• ₹0 deployed so far out of ₹82.50 Lakhs earmarked for setting up a new finance and investment consulting venture

Filmcity Media reported standalone Q2 FY27 total income of Rs 5.98 lakh, compared to nil in Q2 FY26. Net loss widened to Rs 7.84 lakh for the quarter ended September 30, 2026, from a loss of Rs 5.27 lakh in the corresponding quarter last year. For H1 FY27, total income was Rs 5.98 lakh and net loss stood at Rs 13.35 lakh. The Board also approved the appointment of Mr. Puneet Arora as an Additional Non-Executive Non-Independent Director for a 5-year term.

• Total income for Q2 stood at Rs 5.98 lakh (media segment income Rs 0.00 lakh, financial consultancy Rs 5.00 lakh, other income Rs 0.98 lakh)
• Net loss expanded to Rs 7.84 lakh in Q2 compared to a loss of Rs 5.27 lakh in Q2 FY26
• Proceeds from issue of new equity shares brought in Rs 190.00 lakh during H1 FY27, increasing paid-up capital to Rs 495.71 lakh
• Appointment of Mr. Puneet Arora as Additional Non-Executive Non-Independent Director for 5 years

Filmcity Media Ltd has announced a revision in the composition of its Audit, Nomination and Remuneration, and Stakeholders Relationship committees effective August 12, 2026. The committees will be led by Non-Executive Independent Directors Ms. Shivi Jindal and Ms. Iti Goel. This procedural update comes as the company maintains a micro-cap status with a market capitalization of Rs 4 Cr and reported zero revenue for the TTM period. The promoter holding remains low at 16.91%.

• Reconstitution of 3 primary board committees effective August 12, 2026
• Audit Committee to be chaired by Ms. Shivi Jindal, a Non-Executive Independent Director
• Nomination and Remuneration Committee to be chaired by Ms. Iti Goel
• Company reported Rs 0 Cr revenue in the most recent quarter (March 2026)

Filmcity Media Limited has announced a significant board reshuffle, appointing Ms. Shivi Jindal and Ms. Iti Goel as Additional Independent Directors for five-year terms starting August 12, 2026. Concurrently, two independent directors, Ms. Priyanka Singh and Mr. Nitesh Singh, have resigned effective August 14, 2026, citing personal and professional commitments. This change occurs against a backdrop of zero TTM revenue and a micro-cap valuation of Rs 4 Cr, suggesting a routine governance update rather than a strategic shift.

• Appointment of Ms. Shivi Jindal and Ms. Iti Goel for 5-year terms ending August 11, 2031.
• Resignation of Ms. Priyanka Singh and Mr. Nitesh Singh effective August 14, 2026.
• Company reported Rs 0 Cr revenue for the last four consecutive quarters (Jun 2025 - Mar 2026).
• Market capitalization remains extremely low at Rs 4 Cr with a negative ROCE of -9.5%.

Filmcity Media has appointed Ms. Shivi Jindal and Ms. Iti Goel as Additional Independent Directors for a five-year term effective August 12, 2026. The appointments aim to strengthen the board's expertise in compliance, finance, and corporate governance. This comes at a time when the company, a micro-cap with a ‡4 Cr market valuation, has reported zero revenue for the last four consecutive quarters. The appointments are subject to shareholder approval.

• Appointment of 2 new Independent Directors effective from August 12, 2026
• Fixed tenure of 5 consecutive years ending on August 11, 2031
• Company reported ‡0.0 Cr revenue in the most recent quarter (March 2026)
• Promoter holding remains low at 16.91% as of June 2026

Filmcity Media Ltd continues to report zero operational revenue for the quarter ended June 30, 2026, consistent with its performance over the past several quarters. The company recorded a net loss of ₹5.51 Lacs, primarily due to administrative and employee expenses, compared to a loss of ₹5.47 Lacs in the same period last year. A notable development is the board's proposal to change the company name to 'Filmcity Media and Investment Infrastructure Limited,' suggesting a potential pivot in business strategy. The board also underwent a reshuffle with the appointment of two new independent directors following two resignations.

• Revenue from operations remained at ₹0.00 for the quarter ended June 30, 2026.
• Net loss for the quarter stood at ₹5.51 Lacs, slightly higher than the ₹5.47 Lacs loss in Q1 FY26.
• Total expenses of ₹5.51 Lacs were driven by ₹1.44 Lacs in employee benefits and ₹4.07 Lacs in other expenses.
• Proposed name change to 'Filmcity Media and Investment Infrastructure Limited' pending MCA and shareholder approval.
• Appointment of Ms. Shivi Jindal and Ms. Iti Goel as Independent Directors for 5-year terms effective August 12, 2026.

Filmcity Media Ltd has announced the resignation of two Independent Directors, Ms. Priyanka Singh and Mr. Nitesh Singh, effective August 14, 2026. Both directors cited personal commitments and other professional engagements as the reasons for their departure. The company is a micro-cap with a market capitalization of only Rs 4 Cr and has reported zero revenue for the last four consecutive quarters. These resignations occur against a backdrop of a 49.3% share price decline over the last six months.

• 2 Independent Directors (Ms. Priyanka Singh and Mr. Nitesh Singh) to exit the board simultaneously.
• Resignations are effective from August 14, 2026.
• Company reported Rs 0 Cr revenue in each of the last four quarters (Jun 2025 - Mar 2026).
• Promoter holding remains low at 16.91% as of June 2026.
• The stock has seen a 12-month price return of -28.7%.

Filmcity Media Ltd has scheduled a board meeting for August 12, 2026, to consider and approve the unaudited standalone financial results for the quarter ended June 30, 2026. The company is a micro-cap with a market capitalization of only Rs 5 Cr and has reported zero revenue for the trailing twelve months (TTM). Investors should note the company's weak financial position, including a negative ROCE of -9.5% and a significant share price decline of 50.8% over the last six months. The trading window for designated persons remains closed until 48 hours after the results are announced.

• Board meeting scheduled for August 12, 2026, to review Q1 results.
• Company reported Rs 0 Cr revenue in the most recent quarter (March 2026).
• Market capitalization stands at a minimal Rs 5 Cr.
• Promoter holding is relatively low at 16.91% as of June 2026.
• Trading window closure was previously notified on June 19, 2026.