CINEVISTABSECinevista LtdMediumNeutral
Announced Wed, 3 Jun · 15:56 IST

Notice of 29th AGM and Integrated Annual Report fof the Company for FY 2025-26

Board & Shareholder Meetings View source PDF

CINEVISTA · price

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Price reaction · full curve 14 horizons · vs prior close
+4.3%1-day move
₹15.48
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₹14.82
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AI summary

Cinevista Limited has informed the stock exchanges about its 29th Annual General Meeting scheduled for Tuesday, 30th June 2026 at 11:00 AM in Bandra (W), Mumbai, along with the Integrated Annual Report for FY 2025-26. Key agenda items include adoption of audited standalone and consolidated financial statements, appointment of new statutory auditors M/s Sarath & Associates for a 5-year term replacing Raj Niranjan Associates, and re-appointment of Mr. Sunil Mehta (Managing Director) and Mr. Prem Krishen Malhotra (Chairman & Whole-Time Director) for 3 years with an annual remuneration of Rs. 63 lakhs each, both being over 70 years of age. The company is also seeking shareholder approval for related party transactions up to Rs. 50 crore and enhanced borrowing limits up to Rs. 163 crore. The record date for e-voting eligibility is 23rd June 2026, with remote e-voting open from 25th to 29th June 2026.

Likely market impact

Routine AGM notice — shareholders should review resolutions carefully, particularly the auditor change, managerial remuneration, and significant borrowing limit increase to Rs. 163 crore. No immediate impact on stock price expected.