Mukta Arts Limited — Important, 28-05-2025: General Updates

Mukta Arts has announced a board meeting approving the financial results for the quarter and half-year and key appointments, including new statutory auditors and an additional independent director. The board also approved an investment of BHD 1,00,000 in its Bahrain subsidiary, Mukta A2 Multiplex W.L.L. Audit notes contingencies from Whistling Woods International’s legal dispute affecting recoverability of Rs. 83.1 Cr in investments and loans, alongside net worth erosion in subsidiaries Mukta A2 Cinemas and Mukta A2 Multiplex.