Mukta Arts Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting

The Board of Directors has approved the unaudited financial results for the quarter and half-year ended September 30, 2024, reporting total revenue of ₹67.09 crore for the quarter and ₹104.75 crore for the half-year. The consolidated profit before tax stands at a loss of ₹41.95 crore for the quarter, reflecting ongoing challenges in the entertainment sector. Additionally, the Board has sanctioned a postal ballot to regularize the appointment of Mr. Chandrashekhar Rentala as an Independent Director and to approve remuneration exceeding the managerial limits as per the Companies Act.