Eros International Media Limited — Important, 13-12-2024: Updates

Eros International Media Limited is facing a suspension in trading due to non-compliance with financial reporting regulations for two consecutive quarters. The company is currently working to meet these compliance requirements and is holding a board meeting today to review and declare its financial results for the quarter and year ended March 31, 2024. Eros anticipates finalizing the results for the quarter ending June 30, 2024, soon as well. Until compliance is achieved, the suspension will remain, although limited trading may resume under specific conditions on a 'Trade for Trade' basis post-suspension. This situation presents a heightened risk for shareholders, requiring close monitoring of the company's progress toward regulatory compliance.