Landmarc Leisure Corporation Ltd — Important, 18-05-2026: Company Update

Landmarc Leisure Corporation's board has approved the audited financial results for the latest quarter and year. Auditors issued a modified opinion, highlighting concerns including an unregularized interest-free loan of 4.56 Cr and unprovisioned doubtful advances/deposits totaling 37.18 Cr to companies undergoing insolvency. The company is shifting focus from wellness to Films, Media, and TV Channel business, actively restructuring agreements and pursuing recovery for these assets. Funds of 19.98 Cr raised via a preferential issue have been utilized, with 17.87 Cr already deployed for Marathi, Hindi, and Music content creation.