AS PER LETTER ATTACHED.
Awaiting price reaction for this filing.
Esha Media Research Ltd has filed the notice for its 42nd AGM scheduled on September 29, 2025 at 12:30 p.m. via video conferencing. For FY25, revenue rose sharply to Rs. 316.39 Lakhs from Rs. 13.62 Lakhs, but the company slipped into a much wider net loss of Rs. 362.64 Lakhs (vs Rs. 9.14 Lakhs loss), driven largely by a tax expense of Rs. 260.29 Lakhs. Key special resolutions include approving Whole Time Director Shilpa Vinod Pawar's remuneration up to Rs. 50 Lakhs per annum, waiving the Rs. 18 Lakhs remuneration already paid to her in FY25, and seeking borrowing powers up to Rs. 50 Crores. An ordinary resolution seeks the appointment of MSDS & Associates as Secretarial Auditor for five years (FY26 to FY30). No dividend has been recommended due to losses, and the company is exploring new verticals to lift revenue.
Shareholders should note the steep jump in net loss despite revenue growth, which is concerning, and watch the unusual Rs. 260.29 Lakhs tax expense. The borrowing authorisation of up to Rs. 50 Crores is significant for a small loss-making company and could indicate future fundraising or debt; voting outcomes at the AGM on September 29 will be key.