Annual Secretarial Compliance Report for the Financial Year ended 31st March 2026
Awaiting price reaction for this filing.
Eros International Media Limited has submitted its Annual Secretarial Compliance Report for FY 2025-26. The secretarial auditor C.R. Bhagwat & Associates reviewed compliance with SEBI regulations and found the company largely compliant, but identified several non-compliances in Annexure A. Key issues include delays in filing Shareholding Pattern returns (June 2025 quarter), Reconciliation of Share Capital Audit (40 days late), and Financial Statements for multiple quarters (March, June, September 2025). Trading in the company's securities was suspended from December 2024 due to non-compliance, with promoter shareholding frozen. Additionally, SEBI issued show cause notices in July 2024 regarding investigation matters, and the company has filed an appeal with SAT which is under process. The board composition was non-compliant until December 2025 as new directors were appointed only on December 11, 2025. Annexure B shows previous period fines totaling Rs 1,19,000 for board composition and committee-related non-compliances.
The company has had recurring compliance failures with delayed regulatory filings leading to trading suspension and significant fines. While the company has addressed past issues, the ongoing SEBI investigation and SAT appeal represent regulatory risks. Shareholders should monitor the outcome of the SEBI/SAT matter and the company's ability to maintain timely filings going forward.