Mukta Arts Limited — Others, 12-08-2025: Appointment
Mukta Arts has announced its financial results for the quarter. Standalone profit after tax was 0.76 Cr, while consolidated results showed a loss after tax of 6.04 Cr. The board has appointed Mr. Rajendra Doshi as an Additional Independent Director for five years, pending shareholder approval, bringing over four decades of entrepreneurial experience. Ms. Pratiksha Panchal was appointed as Nodal Officer. The company also reconstituted its Audit, Nomination & Remuneration, and Stakeholders Relationship Committees, with Mr. Doshi joining all three. Auditors highlighted material uncertainties regarding an ongoing land dispute involving Whistling Woods International and the fully eroded net worth of subsidiary Mukta A2 Cinemas, which incurred a 3.73 Cr loss this quarter.
