Entertainment Network India to hold 27th AGM on Sep 25, 2026, to consider FY26 results & dividend
Entertainment Network (India) Limited will hold its 27th AGM on September 25, 2026, to adopt FY26 financial statements and consider dividend declaration. The meeting will also address director appointments and alter Articles of Association to transfer shareholder rights from BCCL to THPL. September 18, 2026, is the record date for AGM and dividend eligibility.
The AGM agenda includes routine matters like adopting financial statements and director reappointments. However, the proposed alteration of the Articles of Association to transfer shareholder rights from BCCL to THPL, as part of a previously approved scheme, represents a significant corporate governance change which could have a medium-term impact on the company's structure and control.
The announcement is a routine notice for an Annual General Meeting, detailing agenda items and procedural information. It does not contain any specific financial performance indicators or significant business developments that would warrant a positive or negative sentiment.
Entertainment Network (India) Limited (ENIL) has announced the notice for its 27th Annual General Meeting (AGM) for the financial year 2025-26. The AGM is scheduled to be held on Friday, 25 September 2026, at 3:00 p.m. IST, through Video Conference (VC) / Other Audio-Visual Means (OAVM).
The meeting will commence with ordinary business, including the consideration and adoption of the audited financial statements for the financial year ended 31 March 2026, both standalone and consolidated, along with the reports of the Board of Directors and Auditors. A significant agenda item is the declaration of a dividend on equity shares for the financial year ended 31 March 2026.
Further, the AGM will address the reappointment of a director in place of Mr. Richard Saldanha, who retires by rotation. Special business includes the ratification of remuneration payable to the cost auditors for the financial year ending 31 March 2027, amounting to ₹5,00,000 plus applicable taxes and expenses.
Additionally, the members will consider and vote on the reappointment and continuation of Mr. Richard Saldanha as a Non-Executive Director. A critical resolution pertains to the alteration of the Articles of Association (AOA) to remove shareholder-specific rights conferred upon Bennett, Coleman & Company Limited (BCCL) and confer the same rights exclusively to Times Horizon Private Limited (THPL). This alteration is in connection with the Composite Scheme of Arrangement between BCCL and THPL, approved by the NCLT on 4 February 2026. The proposed amendments include changes to the definition of "BCCL" and "THPL", and the substitution of articles related to the right to appoint the Chairperson, Directors, and Managing Director/Executive Director, with THPL gaining these rights as long as it holds not less than 26% of the total paid-up share capital.
The company has fixed Friday, 18 September 2026, as the Record Date for determining eligibility for the AGM and for dividend declaration. The notice and annual report for FY 2025-26 are available on the company's website and have been sent electronically to members.
A plain-language summary of a public exchange filing by Entertainment Network (India) Limited. Read the original for the full detail.