Your Directors have pleasure in submitting the Twenty Eighth Annual Report of your Company together
with the Audited Accounts for the year ended 31st March, 2025.

1. FINANCIAL RESULTS

Financial and Operational Review:

The Company has earned a gross income of Rs. 1154.35 lakh for the financial year 2024-25, as
compared to income of Rs. 44.05 lakh in the previous year, recording an increase of Rs 1110.30
lakh.

The Company has incurred the net losses of Rs. 3160.66 lakh for the year as compared to net
losses of Rs. 749.76 lakh in the previous year.

Finance Costs for the year under review has marginally increased by Rs. 72.87 lakh as compared
to the previous year. Depreciation during the year has recorded a marginal inecrease by Rs. 6.39
lakh as compared to the previous year.

Earnings per share have been NIL for the current year as well as for the previous year.

2. SHARE CAPITAL:

The Company’s paid up capital is Rs. 11,48,72,950 with accumulated Reserves & Surplus of
Rs. 43,65,86,771.93/-

There was no public issue, rights issue, bonus issue or preferential issue, etc. during the year
under review. The Company has not issued shares with differential voting rights or sweat equity
shares. It has not granted any stock options.

Transfer / Transmission of Shares

The Company has complied with all necessary compliances as required under SEBI (Prohibition of
Insider Regulations) and Listing Regulations, 2015

3. CHANGES IN CAPITAL STRUCTURE

There has been no change in the capital structure during the year under review. There was no
public issue, rights issue, bonus issue or preferential issue, etc. during the year under review. The
Company has not issued shares with differential voting rights or sweat equity shares. It has not
granted any stock options.

The Company has been holding a sizeable parcel of land at Kanjurmarg which was being used by
the Company as a studio / creating television programming. After much deliberation, it was decided
that the Company should enter into an Agreement with a Real Estate Development Company. The
property would thus get properly utilized and Moreover Cinevista could then get a share of the area
and / or the sale proceeds. The Developer would get the remaining share and would utilize the
development potential with the Developer’s own funds and experience and expertise and brand
name, in order to develop the project. Since the Company would be benefitted by receiving a share
of area and/ or share of sale proceeds and would be selling a portion of the area, from time to time,
there would be frequent transactions. These would be in the nature of stock - in -trade and not a
capital asset. The Company, therefore, converted this land admeasuring, 158.17.48 sq mtrs. Into
stock-in-trade at a value of Rs. 133/ 134 crores in accordance with the Valuation Report.

The Company has entered into a Joint Development venture with K. Raheja Corp Real Estate Pvt.
Ltd., to develop its land at Kanjurmarg by entering into a Joint Development Agreement, which has
been duly registered on the 29th of May 2023. As per the said JDA, there would be sharing Ratio of
75.5: 24.5% between K. Raheja Corp. Real Estate Pvt. Ltd & Cinevista Limited respectively. It was
also further pointed out, post stipulated approvals from local authorities, a Residential-Cum-Retail
project known as ‘Antares’, commenced work, in late November, 2024, under the aegis of the Joint
Development Agreement signed between M/s. Cinevista and K. Raheja Corp Real Estate Pvt. Ltd.

The said project is registered under RERA, having MAHA RERA registration no. P51800077483.

4. TRANSFER TO RESERVES

The amounts decreased in the reserves during the year on account ofthe losses are 31,60,66,058.42/-
as compared to the previous year decrease on account of losses Rs. 749,75,796.75/-

The Company has not transferred any amount to the General Reserve during the financial year
ended March 31,2025

5. DIVIDEND

On account of heavy losses, Your Directors do not propose any dividend for the year ended 31st
March, 2025.

6. PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS

Loans, guarantees and investments covered under Section 186 of the Companies Act, 2013 form
part of the Notes to the financial statements provided in this Integrated Annual Report.

7. INTERNAL CONTROL SYSTEMS AND THEIR ADEQUACY

The Company has an Internal Control System, commensurate with the size, scale and complexity
of its operations. The scope and authority of the Internal Audit function is defined and to maintain
its objectivity and independence, the Internal Audit function reports to the Chairman of the Audit
Committee of the Board.

The Internal Audit Department monitors and evaluates the efficacy and adequacy of internal
control system in the Company, its compliance with operating systems, accounting procedures
and policies of the Company.

Based on the report of internal audit function, process owners undertake corrective action in their
respective areas and thereby strengthen the controls. The internal financial controls with reference
to the financial statements were adequate and operating effectively

8. FINANCE AND ACCOUNTS

As mandated by the Ministry of Corporate Affairs, the financial statements for the year ended
on March 31, 2025 has been prepared in accordance with the Indian Accounting Standards (Ind
AS) notified under Section 133 of the Companies Act, 2013 read with the Companies (Accounts)
Rules, 2014 as amended from time to time. The estimates and judgements relating to the Financial
Statements are made on a prudent basis, so as to reflect in a true and fair manner, the form and
substance of transactions and reasonably present the Company’s state of affairs, profits and cash
flows for the year ended March 31,2025. The Notes to the Financial Statements adequately cover
the standalone and consolidated Audited Statements and form an integral part of this Report.

9. BOARD OF DIRECTORS

As per the provisions of Section 152 of the Companies Act, 2013, Mrs. Vinita Concessio, Director
of the Company retires by rotation at the ensuing Annual General Meeting and being eligible offers
herself for reappointment. The Board recommends her re-appointment.

The brief resume and other details of the directors seeking reappointment as required under
regulation 36(3) of the SEBI (Listing Obligations & Disclosures Requirement) Regulation 2015 are
provided in the Notes of the Notice forming part of the Annual Report.

Board Evaluation

Pursuant to the provisions of the Companies Act, 2013 and the Listing Regulations, the Board
has carried out an evaluation of its own performance, the directors individually as well as the
evaluation of the working of its Audit, Remuneration and other Committees. The manner in which
the evaluation has been carried out has been explained in the Corporate Governance Report.

Declaration by Independent Directors

Mrs. Rebekah Peter Martyres, Mrs. Mahrukh Shavak Chikliwala and Mr. Dhiraj Labhchand Chaudhry,
Independent Directors of your Company have declared to the Board of Directors that they meet the
criteria of Independence as laid down in Section 149(6) of the Act and Regulations 16(1)(b) and
25(8) of the Listing Regulations and there is no change in the status of their Independence and
have confirmed that they are not aware of any circumstance or situation which exists or may be
reasonably anticipated that could impair or impact their ability to discharge their duties.

NUMBER OF MEETINGS OF THE BOARD

The details of the number of meetings of the Board held during the Financial Year 2024-25 forms
part of the Corporate Governance Report.

COMMITTEES OF THE BOARD

The Board of Directors have the following Committees:

1. Audit Committee

2. Nomination and Remuneration Committee

3. Stakeholders’ Relationship Committee

4. Share Transfer Committee

5. Risk Management Committee

The details of the Committees along with their composition, number of meetings and attendance at
the meetings are provided in the Corporate Governance Report.

10. POLICY ON DIRECTORS’ APPOINTMENT AND REMUNERATION

The Board in consultation of the Nomination and Remuneration Committee of the Company has
formulated the various policies relating to the terms of Appointment of Independent directors,
details on familiarization programs and criteria of payments to Non-Executive Directors and the
same has been posted on the Company’s website www.cinevistaas.com.

11. RELATED PARTY TRANSACTIONS

All related party transactions that were entered into during the financial year were on arm’s length
basis and were in the ordinary course of the business. There are no material significant related party
transactions made by the company with Promoters, Key Managerial Personnel or other designated
persons which may have potential conflict with interest of the company at large. The Company has
taken necessary approval from shareholders & Audit Committee for all related parties transactions.
The details of the same are given in the notes to Accounts forming part of the financial statements.

The Company has adopted Related Party Transactions Policy which is displayed on website of
Company www.cinevistaas.com.

The particulars of contracts or arrangements with related parties are required under Section 134(3)
(h) is prescribed Form AOC - 2 are annexed herewith as an ‘Annexure A’ to this Report.

12. CODE OF CONDUCT

The Board of Directors has approved a Code of Conduct which is applicable to the Members of
the Board and all employees in the course of day to day business operations of the company. The
Code has been posted on the Company’s website www.cinevistaas.com.

All the Board Members and the Senior Management personnel have confirmed compliance with
the Code. All Management Staff were given appropriate training in this regard.

13. MANAGEMENT DISCUSSION AND ANALYSIS REPORT (MDA)

In terms of the provisions of Regulation 34 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“Listing Regulations”), the detailed Analysis of the Operating
performance of the Company for the year, the state of affairs and the key changes in the operating
environment has been included in the Management Discussion and Analysis section which forms
an integral part of this Report and is set out as separate section to this Annual Report.

14. CORPORATE GOVERNANCE

Your Company believes that Corporate Governance is an application of the best management
practices, compliances of law in true spirit and adherence to ethical standards for effective
management and distribution of wealth and discharge of social responsibility for sustainable
development of all stakeholders.

Your Company is committed to maintaining the highest standards of Corporate Governance and
adhering to the Corporate Governance requirements as set out by the Securities and Exchange
Board of India (SEBI). All Board members and Senior Management Personnel have affirmed
compliance with the Code of Conduct for the year 2024-25.

A declaration to this effect signed by the Managing Director & CEO of the Company is contained in
this Annual Report.

A section on Corporate Governance along with a certificate from Auditors confirming compliance of
conditions of Corporate Governance as stipulated under Regulation 34 of SEBI (Listing Obligations
& Disclosure Requirements) Regulations, 2015 is annexed and forms part of the Directors’ Report.

15. CEO/CFO CERTIFICATE

In accordance with Regulation 17(8) of SEBI (Listing Obligations & Disclosure Requirements)
Regulations, 2015 pertaining to corporate governance norms, Mr. Sunil Mehta, CEO and Managing
Director and Mr. Vijay Singh Phoolka, CFO, have certified, inter-alia, on review of financial
statements and establishing and maintaining internal controls for the financial reporting for the
year ended March 31,2025, The said certificate forms an integral part of the Annual Report.

16. DIRECTORS’ RESPONSIBILITY STATEMENT

In terms of Section 134 of the Companies Act, 2013, the directors would like to state that:

i) In the preparation of the annual accounts, the applicable accounting standards have been
followed.

ii) The directors have selected such accounting policies and applied them consistently and
made judgments and estimates that were reasonable and prudent so as to give a true and fair
view of the state of affairs of the Company at the end of the financial year and of the profit or
loss of the Company for the year under review.

iii) The directors have taken proper and sufficient care for the maintenance of adequate
accounting records in accordance with the provisions of this Act for safeguarding the assets
of the Company and for preventing and detecting fraud and other irregularities.

iv) The directors have prepared the annual accounts on a going concern basis.

v) The directors had laid down internal financial controls to be followed by the company and that
such internal financial controls are adequate and were operating effectively.

vi) The directors had devised proper system to ensure compliance with the provisions of all
applicable laws and that such system were adequate and operating effectively.

17. SUBSIDIARIES

The Company will make available the Annual Accounts of the subsidiary companies and the related
detailed information upon request by any member of the Company and its subsidiaries interested
in obtaining the same. Further, the Annual Accounts of the subsidiaries would also be available
for inspection by any member at the Registered Office of the Company and at the Office of the
respective subsidiary companies, during working hours.

Pursuant to the provisions of Section 129(3) of the Act read with Rule 5 of the Companies (Accounts)
Rules, 2014 (as amended), a statement containing the salient features of Financial Statements of
the aforesaid Subsidiaries (including highlights of their performance and contribution to the overall
performance of the Company) has been provided in Form AOC-1 which forms part of this Report
and are annexed herewith as an ‘Annexure B’ to this Report.

The Audited Consolidated Financial Statements (CFS) of your Company for the financial year
ended March 31, 2025, prepared in compliance with the provisions of Ind AS 27 issued by the
Institute of Chartered Accountants of India (ICAI) and notified by the Ministry of Corporate Affairs
(MCA), Government of India also form part of this Annual Report.

The holding as well as subsidiary companies in question shall regularly file such data to the various
regulatory and Government authorities as may be required by them.

18. FIXED DEPOSITS

Your Company has not accepted any deposits within the meaning of Section 73 of the Companies
Act, 2013 and the Companies (Acceptance of Deposits) Rules, 2014.

19. AUDITORS

In terms of the provisions of Section 139 of the Act read with provisions of the Companies (Audit
and Auditors) Rules, 2014 (as amended), M/s Raj Niranjan Associates, Chartered Accountants

(Firm Reg No: 108309 W) was appointed as the Auditors of the Company for a consecutive period
of 5 (five) years from conclusion of the 24th AGM held in the year 2021 until conclusion of the 29th
AGM of the Company scheduled to be held in the year 2026.

Your Company has received a certificate from M/s Raj Niranjan Associates, Chartered Accountants
confirming their eligibility to continue as the Auditors of the Company in terms of the provisions
of the Act and the Rules framed thereunder and also a copy of the certificate issued by the Peer
Review Board (ICAI) as required under Regulation 33 of the Listing Regulations.

The reports given by the Auditors on the Standalone and Consolidated Financial Statements of the
Company for the financial year ended March 31,2025 form part of this Annual Report alongwith
the qualification, reservation, adverse remark or disclaimer given by the Auditors in their Reports.
The Auditors of the Company have not reported any fraud in terms of the second proviso to Section
143(12) of the Act.

With reference to point 3(c) of the Annexure A of the Standalone Auditors’ Report, the Company
has demanded the amount outstanding from the companies, firms or other parties listed in register
maintained under Section 189 of the Act. However, such companies being non-operational & with
no running business, they don’t have sufficient funds to repay the same to M/s. Cinevista Ltd.
However, we are taking all reasonable steps & efforts to recover the outstanding amount.

The following are the Audit Qualifications and observation made in the Report:

The Company has not carried out impairment on its investments and advances in subsidiary
companies as required by Indian Accounting Standards (Ind AS 36) and continued to carry at cost.
On the basis of documents made available to us we are of the opinion that impairment should
be carried out on such investments and advances made to the said companies. Had impairment
on the said investments and advances been carried out then loss of the current year would have
increased by Rs. 62,34,550/- and Rs.3,75,61,682/- respectively.

The Company has not carried out any impairment on intangible assets as required by Indian
Accounting Standard (Ind AS) 36. Since we are not technically qualified to value such intangible
assets and in absence of any documents for realizable value of such intangible assets, we are
unable to determine whether any adjustment to intangible assets was necessary.

The explanations with regards to the observations made by the Statutory Auditor are as follows:

1) The Management of the Company is hopeful of recovering the investments and advances to
the subsidiaries.

2) According to the management of the Company, impairment of the intangible assets is not
necessary at this stage as the management of the Company is hopeful of generating income
in future by monetization of these assets across different avenues and streams available.

20. REPORTING OF FRAUDS

There was no instance of fraud during the year under review, which required the Statutory Auditors
to report to the Audit Committee and / or Board under Section 143(12) of Act and Rules framed
thereunder.

21. SECRETARIAL AUDIT

Pursuant to provisions of section 204 of the Companies Act, 2013 and The Companies (Appointment
and Remuneration of Managerial Personnel) Rules, 2014 the company has appointed M/s. Manthan
Negandhi & Co, Practising Company Secretary to undertake the Secretarial Audit of the Company.
Their Audit Report confirms that the Company has complied with the applicable provisions of the

Act and the Rules made there under, Listing Regulations, applicable SEBI Regulations, Secretarial
Standards and other laws applicable to the Company. The Secretarial Audit Report forms part of
the Board’s Report.

Pursuant to Regulation 40(9) of the Listing Regulations, certificates have been issued on a half¬
yearly basis, by a Company Secretary in practice, certifying due compliance of share transfer
formalities by the Company.

A Company Secretary in practice carries out a quarterly Reconciliation of Share Capital Audit, to
reconcile the total admitted capital with National Securities Depository Ltd. (NSDL) and Central
Depository Services (India) Ltd. (CDSL) and the total issued and listed capital. The audit confirms
that the total issued/listed capital is in agreement with the aggregate of the total number of shares
in physical form and the total number of shares in dematerialized form (held with NSDL and CDSL).

The Secretarial Audit Report for the year 2024-25 as issued by him in the prescribed form MR-3 is
annexed herewith as ‘Annexure C’ to this Report.

As directed by Securities & Exchange Board of India, (SEBI) secretarial audit is being carried out
at the specified period by the Practicing Company Secretary. The findings of the secretarial audit
were entirely satisfactory.

There are no other qualification in Secretarial Audit Report and observation made in the Report
read together with relevant notes thereon are self-explanatory and hence, do not call for any further
comments under the Companies Act, 2013

22. SECRETARIAL STANDARDS OF ICSI

During the year under review, the Company has duly complied with the applicable provisions of the
Revised Secretarial Standards on Meetings of the Board of Directors (SS-1) and General Meetings
(SS-2) issued by the Institute of Company Secretaries of India (ICSI).

23. ANNUAL RETURN

Ministry of Corporate Affairs (MCA) vide notification dated 28/08/2020 has notified that the Extract
of Annual Return (in Form MGT 9) is not required to be enclosed with the Board Report, the
Company is only required to disclose the web link in the Board Report where the annual return
referred to in sub-section (3) of section 92 is placed for the Financial Year ended 31st March, 2025.

Pursuant to amendment of Section 92(3) and the Companies (Management and Administration)
Amendment Rules, 2020 of the Act, the Annual Return as on 31st March 2025 is available on the
website of the Company www.cinevistaas.com

24. BUSINESS RISK MANAGEMENT

Risk management is embedded in your Company’s operating framework. Your Company believes
that managing risks helps in maximizing returns. The Company’s approach to addressing business
risks is comprehensive and includes periodic review of such risks and a framework for mitigating
controls and reporting mechanism of such risks. Pursuant to section 134 (3) (n) of the Companies
Act, 2013 & the Listing Regulations, the company has constituted a business risk management
committee. The details of the committee and its terms of reference are set out in the corporate
governance report forming part of the Directors’ report.

25. PREVENTION OF INSIDER TRADING

The Company has adopted a Code of Conduct for Prevention of Insider Trading with a view to
regulate trading in securities by the Directors and designated employees of the Company. The
Code requires pre-clearance for dealing in the Company’s shares and prohibits the purchase or

sale of Company shares by the Directors and the designated employees while in possession of
unpublished price sensitive information in relation to the Company and during the period when the
Trading Window is closed. The Board is responsible for implementation of the Code.

All Board Directors and the designated employees have confirmed compliance with the Code.

The Code of Conduct for Prevention of Insider Trading is displayed on website of Company www.
cinevistaas.com.

26. WHISTLE BLOWER POLICY / VIGIL MECHANISM

In terms of provisions of Section 177 of the Act and Rules framed thereunder read with Regulation
22 of the Listing Regulations, your Company has a vigil mechanism in place for the Directors and
Employees of the Company through which genuine concerns regarding various issues relating to
inappropriate functioning of the organization can be raised.

27. NOMINATION AND REMUNERATION POLICY

The Board of Directors has framed a policy which lays down a framework for selection and
remuneration of Directors, Key Managerial Personal (KMP) and Senior Management of the
Company. The Nomination and Remuneration policy is available on the website of the Company
www.cinevistaas.com

28. ENVIRONMENT, HEALTH AND SAFETY

The Company is conscious of the importance of environmentally clean and safe operations. The
Company’s policy requires conduct of operations in such a manner so as to ensure safety of all
concerned, compliances of environmental regulations and preservation of natural resources.

29. DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN

Your Company is committed to provide and promote safe and healthy environment to all its employees
without any discrimination. During the year under review, there was no case filed pursuant to The
Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.

30. STATUTORY INFORMATION

Conservation of Energy & Technology Absorption

Considering the nature of the business of the Company, the particulars required to be furnished
pursuant to the provisions of Section 134(3)(m) of the Act read with Rule 8 of the Companies
(Accounts) Rules, 2014 (as amended) and Companies (Disclosure of Particulars in the Report of
Board of Directors) Rules, 1988 relating to the Conservation of Energy and Technology Absorption
are not applicable.

Foreign Exchange Earnings and Outgo

Foreign Exchange Earnings have been Rs. 8,30,293/- for the current year as compared to the
previous year which amount to Rs. 44,05,286/- and Foreign Exchange Outgo for current year is
Rs.NIL as compared to previous year which was also Rs. NIL.

Particulars of Employees

The information required pursuant to Section 197(12) read with rule 5(1) of the Companies
(Appointment and Remuneration of Managerial Personnel) Rules, 2014 in respect of employees
of the Company, will be provided upon request. In terms of Section 136 of the Act, the reports and
accounts are being sent to the members and others entitled thereto, excluding the information on
employees’ particulars which is available for inspection by the members at the Registered office
of the company during business hours on working days of the company up to the date of ensuing
Annual General Meeting. If any member is interested in inspecting the same, such member may
write to the company secretary in advance.

31. CORPORATE SOCIAL RESPONSIBILITY

The Company does not fall within the threshold limit as applicable under the Section 135 of the
Companies Act, 2013. Accordingly, the requirement of Corporate Social Responsibility is not
applicable to the Company for the period under review.

32. NON-APPLICABILITY OF MAINTENANCE OF COST RECORDS

The Company is not engaged in the business of production of goods or providing of services as
specified in Rule 3 of the Companies (Cost Records and Audit) Rules, 2014 (“Rules”). Accordingly,
the requirement of maintaining cost records in accordance with Section 148(1) of the Act read with
the Rules is not applicable to the Company for the period under review.

33. SIGNIFICANT & MATERIAL LITIGATIONS / ORDERS

There are no significant or material litigation / orders pending against the Company during the
period under review.

34. INTEGRATED REPORT

The Company has voluntarily provided Integrated Report, which encompasses both financial and
non-financial information to enable the Members to take well-informed decisions and have a better
understanding of the Company’s long-term perspective. The Report also touches upon aspects
such as organization’s strategy, governance framework, performance and prospects of value
creation based on the five forms of capital viz. financial capital, human capital, intellectual capital,
social capital and natural capital.

35. DETAILS OF APPLICATION MADE OR PROCEEDING PENDING UNDER INSOLVENCY AND
BANKRUPTACY CODE 2016

During the financial year under review, there were NO application/s made or proceeding were
pending in the name of the company under the Insolvency and Bankruptcy Code, 2016.

36. DETAILS OF DIFFERENCE BETWEEN VALUATION AMOUNT ON ONE TIME SETTLEMENT
AND VALUATION WHILE AVAILING LOAN FROM BANKS AND FINANCIAL INSTITUTIONS

During the year under review, the Company did not undertake any One-Time Settlement with
banks or financial institutions, nor was there any fresh loan availed that required asset valuation.
Accordingly, no disclosure under this head is applicable for the financial year ended March 31,
2025.

37. DATA PRIVACY, DATA PROTECTION, AND CYBERSECURITY

The Company is committed to upholding the highest standards of data privacy and protection.
In light of the increasing reliance on digital infrastructure, the Company has implemented
comprehensive cyber security and data protection policies, aligned with industry best practices
and the evolving regulatory framework, including provisions under the Information Technology Act,
2000, and applicable data protection regulations.

The Company continues to invest in digital infrastructure to ensure robust protection of stakeholder
information and business continuity.

38. APPOINTMENT OF DESIGNATED PERSON (MANAGEMENT AND ADMINISTRATION) RULES
2014 - RULE 9 OF THE COMPANIES ACT 2013.

In accordance with Rule 9 of the Appointment of Designated Person (Management and
Administration) Rules 2014, it is essential for the company to designate a responsible individual for
ensuring compliance with statutory obligations.

The company has proposed and appointed a Designated person in a Board meeting and the same
has been reported in Annual Return of the company.

39 COMPLIANCE WITH THE MATERNITY BENEFIT ACT, 1961

In accordance with Rule 8(5)(q) of the Companies (Accounts) Rules, 2014, as amended by the
Companies (Accounts) Second Amendment Rules, 2025, the Board affirms that the Company has
complied with all applicable provisions of the Maternity Benefit Act, 1961.

During the financial year ended March 31,2025, the Company:

- Granted paid maternity leave to eligible employees in accordance with statutory limits

- Maintained a zero-tolerance policy against discrimination on grounds of maternity

The Board confirms that no complaints or violations under the Maternity Benefit Act were reported
during the year. The Company remains committed to fostering a supportive and equitable work
environment for all employees.

40. CAUTIONARY STATEMENT

Statements in the Board’s Report and the Management Discussion & Analysis Report describing
the Company’s objectives, expectations or forecasts may be forward looking within the meaning of
applicable laws and regulations. Actual results may differ from those expressed in the statements.

41. APPRECIATION

Your Directors thank the viewers, suppliers, bankers, Financial Institutions, Central and State
Governments and Shareholders for their consistent support to the Company. The Directors also
sincerely acknowledge the significant contributions made by all the employees for their dedicated
services to the company. The ownership and responsiveness shown by all the stakeholders is
unparalleled and is a testimony of the spirit of this great organization.

For and on behalf of the Board
Cinevista Limited

Place: Mumbai PremKrishen Malhotra Sunil Mehta

Date: 1st August, 2025 Whole-Time Director Managing Director

DIN - 00065136 DIN - 00064800