TV Vision Limited has informed the Exchange regarding '1. Based on the recommendation of Nomination and Remuneration Committee, the Board of Directors approved the re-appointment of Mr. Pritesh Rajgor (DIN: 07237198) as an Independent Director of the Company for a term of 5 (Five) consecutive years w.e.f. 24th November, 2025 upto 23rd November, 2030, subject to approval of members in their meeting.2. Based on the recommendation of Audit Committee the Board of Directors approved the appointment of M/S. HRU & Associates, Practicing Company Secretary, as the Secretarial Auditors of the Company for the term of 5 (five) consecutive years commencing from the financial year 2025-2026 and till the conclusion of the financial year 2029-2030, subject to approval of members in their meeting.3. Shifting of Registered Office of the Company from 4th Floor, Adhikari Chambers, Oberoi Complex, New Link Road, Andheri (W), Mumbai- 400 053 to 7th Floor, Adhikari Chambers, Oberoi Complex, New Link Road, Andheri (W), Mumbai 400 053 with immediate effect.'.
TVVISION · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
TV Vision Limited's board approved its unaudited Q1 FY26 results (quarter ended June 30, 2025), reporting standalone total income of Rs. 757.46 lakhs (down from Rs. 910.41 lakhs in Q4 FY25) and a net loss of Rs. 515.57 lakhs, an improvement from the Rs. 782.63 lakhs loss in the previous quarter. The board also re-appointed Mr. Pritesh Rajgor as an Independent Director for 5 years (Nov 24, 2025 to Nov 23, 2030), appointed M/s HRU & Associates as Secretarial Auditors for 5 years (FY26 to FY30), and shifted the registered office from the 4th to 7th floor of the same Adhikari Chambers building in Andheri West. The auditor flagged a material uncertainty on going concern, noting recalled bank loans, SARFAESI notices, DRT recovery proceedings, negative total equity, and an NPA account classification. The auditor's review is also qualified, with finance costs and losses estimated to be understated by about Rs. 346.70 lakhs and potential impairment of Rs. 2,353.31 lakhs in business and commercial rights not yet recognized.
Despite a narrower quarterly loss, the company's financial health remains deeply stressed, with banks recalling loans, assets pledged, and the auditor warning that the company may not continue as a going concern. Shareholders should view this as a high-risk, distressed small-cap with significant uncertainty around survival and asset value.