Eros International Media Limited — Board Meeting, 13-12-2024: Outcome of Board Meeting

The Board of Directors has approved the audited standalone and consolidated financial results for the year ending March 31, 2024. The company reported a net loss of ₹47,973 cr, primarily due to overdue trade receivables totaling ₹14,716 cr from Eros Worldwide FZE and associated provisions for expected credit losses. The board also approved the appointment of new key managerial personnel and internal auditors for the fiscal year 2024-25, in addition to the notice for the upcoming 30th Annual General Meeting. Notably, the company is pursuing a name change to Eros Media International Limited, pending regulatory and shareholder approval.