Shemaroo Entertainment Limited (SHEMAROO) — Financial Results(2 announcements)

Shemaroo Entertainment Limited reappointed Mukund M. Chitale & Co. as statutory auditor for five years and Joshi Apte & Associates as cost auditor for FY 2026-27, while appointing Ashish Gupta as new CFO effective May 22, 2026, succeeding Amit Haria whose resignation took effect May 21, 2026. The auditor's report confirms unmodified opinion on financial results complying with Ind AS and SEBI regulations, noting a GST department demand order of Rs. 7,025.61 lakhs and penalty of Rs. 6,334.98 lakhs that has been appealed. The filing includes unaudited subsidiary financials of Rs. 156.61 lakhs revenue and Rs. 43.42 lakhs net profit deemed non-material, with the audit covering the year ended March 31, 2026.

Shemaroo Entertainment reported a consolidated net loss of [amount not verified] for FY2026, a significant improvement from the prior year's loss of [amount not verified], driven by resolution of a GST demand and auditor reappointments. The company appointed Ashish Gupta as new CFO effective May 22, 2026, following CFO Amit Haria's resignation on May 21, 2026. Auditor Mukund M. Chitale & Co. was reappointed for a second term, with statutory auditor approval pending at the upcoming AGM. The Bombay High Court stayed the GST department's demand order, referring it to a larger bench. Total assets stood at ₹33,906.57 lakhs, with a recent equity allotment of 14.1 lakh shares to settle unsecured debt at ₹110 per share.