With reference to the captioned subject and pursuant to Regulation 30 and 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the Annual ....
Awaiting price reaction for this filing.
Esha Media Research Limited has submitted its 42nd Annual Report for FY 2024-25 along with the notice for its Annual General Meeting scheduled on September 29, 2025 at 12:30 p.m. via video conferencing. Total revenue rose sharply to Rs. 316.39 Lakhs from Rs. 13.62 Lakhs in the previous year, but the company slipped into a much deeper loss with a loss before tax of Rs. 102.35 Lakhs and a loss after tax of Rs. 362.64 Lakhs (versus Rs. 9.14 Lakhs loss in FY24), largely due to a tax expense of Rs. 260.29 Lakhs. No dividend has been recommended given the losses. Key business items at the AGM include re-appointment of Whole Time Director Shilpa Vinod Pawar, approval of her future remuneration cap of Rs. 50 Lakhs per annum, waiver/ratification of Rs. 18 Lakhs remuneration already paid to her in FY25, raising the borrowing limit to Rs. 50 Crores, and appointing MSDS & Associates as Secretarial Auditor for five years (FY26 to FY30).
Shareholders should note the sharp jump in net loss driven by a heavy tax charge despite higher revenue, the proposal to ratify an already-paid director remuneration, and an expanded Rs. 50 Crore borrowing ceiling that signals potential future fundraising or debt. The small-cap stock (paid-up capital under Rs. 10 crore, net worth under Rs. 25 crore) remains exempt from full corporate governance norms, and the absence of any dividend reflects continued financial stress.