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BSESea TV Network Ltd· EntertainmentHighNeutral
Announced Thu, 5 Feb, 2026 · 13:53 IST

With reference to the subject matter cited above, it is hereby informed that the Board of Directors of the company at the meeting held on Thursday, 05th February, 2026 at 01:00 P.M. (IST) ....

Emphasis Of MatterResults View source PDFExplain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and in line with its TV Broadcasting & Software Production peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Sea TV Network's board, at its meeting on February 5, 2026, approved the unaudited standalone and consolidated financial results for the quarter ended December 31, 2025 (Q3 FY26), along with the limited review report from statutory auditor Doogar & Associates. The auditor flagged a serious accounting concern: the company has not provided for interest on unsecured loans of Rs 53.26 lakhs for the quarter and Rs 163.31 lakhs for the nine-month period, which is not in compliance with Ind AS 109. Had this interest been recognized, the company's reported loss would have been higher by those amounts. The consolidated results also include two subsidiaries – Jain Telemedia Services and Sea News Network – whose numbers (Rs 228.90 lakhs revenue and Rs 35.03 lakhs profit for the quarter) were management-certified and not independently reviewed by the auditor.

Likely market impact

The auditor's emphasis on the non-provision of interest is a red flag that suggests the company's actual losses are understated, which could weigh on the stock and raise governance concerns. Shareholders should review Note 4 of the financial results closely, as the true profitability picture may be weaker than reported.