Submission of 30th Annual Report
Awaiting price reaction for this filing.
Sanguine Media Limited, a Chennai-based film production, distribution and exhibition company, has submitted its 30th Annual Report for the financial year ended March 31, 2025 to BSE (Scrip Code: 531898). Total income fell sharply to Rs. 12.25 Lakhs from Rs. 18.10 Lakhs in the previous year, and the company reported a net loss of Rs. 15.98 Lakhs (vs Rs. 410.16 Lakhs in FY24, which included a Rs. 400 Lakhs exceptional item). Paid-up equity capital stands at Rs. 11.41 crore and no dividend has been recommended. The 30th AGM is scheduled for September 29, 2025, where shareholders will vote on adopting financials, re-appointing Managing Director Mr. Sanjay Sunderlal Meena, ratifying the appointment of K.S. Subrahmanyam & Co as statutory auditors (to fill the casual vacancy left by M/s. Mohandas & Co which resigned due to an ICAI order), re-appointing them for a 5-year term, and appointing Mr. Chirag Jain as Secretarial Auditor for 5 years from FY 2025-26 at Rs. 50,000 per year.
Routine regulatory filing — shareholders should note multiple serious compliance flags: the company's shares are currently suspended on BSE due to non-payment of annual listing fees, it lacks a Company Secretary and CFO, has not filed annual returns/financials with ROC Chennai for 3 continuous years, has unpaid BSE penalties, and has board composition issues under SEBI LODR. Combined with falling revenues and ongoing losses, this signals material governance and going-concern risk for shareholders.