StockWatch
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TV Broadcasting & Software Production
Board Meeting25 Jul 2026, 05:40 pm

Sea TV Network Board Approves Q1 FY27 Un-audited Financial Results

AI Summary

Sea TV Network Limited's Board of Directors convened on July 25, 2026, to approve the un-audited standalone and consolidated financial results for the first quarter ended June 30, 2026. The board also accepted the resignation of Ms. Karishma Jain as Company Secretary & Compliance Officer, effective August 28, 2026. The limited review report from the statutory auditors was also presented. A note in the financial results indicates a potential understatement of the group's loss by ₹66.49 lacs due to non-provision of interest on unsecured loans, which is not in compliance with Ind AS 109.

Key Highlights

  • Board approved Q1 FY27 un-audited standalone and consolidated financial results.
  • Company Secretary & Compliance Officer Ms. Karishma Jain resigned.
  • Resignation effective August 28, 2026.
  • Limited Review Report from auditors was approved.
  • Potential non-compliance with Ind AS 109 noted regarding loan interest.