7Seas Entertainment Ltd

7Seas Entertainment Ltd has responded to a BSE query regarding a significant movement in its equity share price. The company stated that it has disclosed all material information as required by SEBI regulations and there are no pending disclosures. Furthermore, 7Seas Entertainment confirmed that there is no undisclosed material event or information that could explain the price fluctuation. The company is unaware of any specific reason for the movement and will continue to adhere to regulatory timelines for future disclosures.

7Seas Entertainment Limited announced a book closure period from September 24, 2026, to September 30, 2026, inclusive. This closure is for the purpose of the company's 35th Annual General Meeting (AGM), which is scheduled to be held on September 30, 2026. During this period, the Register of Members and Share Transfer Books will be closed, as per SEBI regulations. This is a routine corporate action related to the AGM proceedings.

7Seas Entertainment Ltd has submitted its Second Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by Brickwork Ratings India Private Limited, confirms no deviation in the utilization of funds raised through a preferential issue of equity shares and convertible warrants. The total funds raised were ₹17.32 Crore. The Audit Committee and Board of Directors have reviewed and taken on record the report, confirming that the utilization aligns with the stated objects. The company has received ₹7.55 Crore of the total issue proceeds as of June 30, 2026.

7Seas Entertainment Ltd has filed a Nil Statement for the quarter ended June 30, 2026, confirming no deviation or variation in the utilization of proceeds from its Preferential Allotment. The funds, amounting to ₹17,32,00,000 raised on February 25, 2026, were used in line with the stated objects in the Letter of Offer. The statement, reviewed by the Audit Committee and monitored by Brickwork Ratings India Private Limited, indicates that all raised funds were utilized for working capital, investment in new projects, and capital expenditure as originally planned. This filing adheres to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

7Seas Entertainment Limited announced the reconstitution of its Board Committees, including the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. The changes are effective from August 14, 2026, and are a consequence of recent shifts in the Board of Directors' composition. Key directors like Mr. Kiran Kumar Bodla and Mr. Gandra Srinivas Rao have been assigned new roles across these committees. This move aims to ensure effective governance and strategic oversight.

Mr. N. Mahender Reddy has resigned as a Non-Executive Independent Director of 7Seas Entertainment Ltd, effective August 14, 2026. The resignation is attributed to personal reasons and other commitments. Consequently, he has also stepped down from any Board Committee positions he held. Mr. Reddy confirmed there are no other material reasons for his departure and he holds no directorships or committee memberships in other listed entities. The company has acknowledged his resignation and will complete necessary regulatory filings.

7Seas Entertainment Limited announced its unaudited standalone financial results for the quarter ended June 30, 2026. The company reported revenue from operations of ₹576.37 lakhs and a net profit of ₹68.52 lakhs for the quarter. The Board of Directors also approved the convening of the 35th Annual General Meeting on September 30, 2026, and noted the resignation of an Independent Director. The company's financial results were reviewed by statutory auditors and approved by the Board.

7Seas Entertainment Limited announced that its Board of Directors, in a meeting held on August 14, 2026, approved the unaudited standalone financial results for the quarter ended June 30, 2026. The board also approved the convening of the 35th Annual General Meeting (AGM) on September 30, 2026, via Video Conferencing/Other Audio-Visual Means. The Register of Members and Share Transfer Books will be closed from September 24 to September 30, 2026, for the AGM. Additionally, the board accepted the resignation of Mr. N. Mahender Reddy as Non-Executive Independent Director.

7Seas Entertainment Ltd has announced that its Board of Directors will convene on August 14, 2026. The primary agenda items include the consideration and approval of the Un-Audited Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report for the same period. The meeting will also address any other business as permitted by the Chair. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

7Seas Entertainment Limited announced that its Board of Directors, in a meeting held on July 21, 2026, approved and adopted several revised policies and codes. These revisions are in compliance with applicable SEBI Regulations, the Companies Act, 2013, and other relevant laws. The updated policies and codes, which include areas like Related Party Transactions, Material Subsidiaries, Fair Disclosure of Price Sensitive Information, and Corporate Social Responsibility, have been uploaded to the company's website under the 'Investor Relations – Policies and Codes' section.