NSEAgreements21h ago · 15 Sept 2026, 05:58 pm

Agreements

Mukta Arts Limited · MUKTAARTS

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Mukta Arts Limited has announced the termination of its agreements with Mukta A2 Cinemas Private Limited, Maverick Media Private Limited, and Mr. Rajiv Malhotra due to unresolvable differences between parties.

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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern4/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10

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Full Announcement

INTIMATION UNDER REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

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MUKTAARTS_15092026175807_Intimation_of_termination_Signed.pdf

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15th September, 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400001 Bandra (East), Mumbai – 400051 Scrip Code: 532357 - EQ Symbol: MUKTAARTS – EQ Kind Attn: Corporate Relations Department Dear Sir/Madam, SUB: INTIMATION UNDER REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015. In continuation to our disclosure dated 14th February, 2024, 26th February, 2024 and 7th August, 2024, with regards to the Binding Term Sheet dated 28th February, 2024 and Shareholders Agreement and Securities Subscription Agreement executed on 7th August, 2024 between the Company, Mukta A2 Cinemas Private Limited (Formerly Mukta A2 Cinemas Limited) a Subsidiary Company (“Mukta A2”), Mr. Rajiv Malhotra and Maverick Media Private Limited, being proposed Investor in Mukta A2, the parties have mutually agreed to terminate the said agreements and have accordingly executed Consent Terms due to the unresolvable differences between parties. The requisite details, as per the SEBI Listing Regulations and SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 as Annexure – A. Kindly take the above information on your records. Yours faithfully, Yours faithfully, For Mukta Arts Limited Rahul Puri Managing Director Annexure-A No Particulars Details 1. Name(s) of parties with whom NA the agreement is entered. 2. Purpose of entering into the NA agreement. 3. Shareholding, if any, in entity NA with whom agreement is executed. 4. Significant terms of the NA agreement (in brief) special rights like right to appoint directors, first right to subscription in case of issuance of shares, right to restrict any change in capital structure etc. 5. Whether the said parties are NA related to promoters / promoter Group/ group companies in any manner, if yes, nature of relationship. 6. Whether the transactions would NA fall within related party transactions? If yes whether the same is done at “arms length”. 7. In case of issuance of shares to Not Applicable the parties details of issue of price, class of shares issued. 8. Any other disclosures related to NA such agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc. 9. In case of termination or amendment of agreement listed entity shall disclose additional details to the stock exchange(s): name of parties to the agreement Mukta Arts Limited, Mukta A2 Cinemas Private Limited, Maverick Media Private Limited and Mr. Rajiv Rameshchandra Malhotra. nature of the agreement Termination of the Binding Term Sheet, Securities Subscription Agreement and Shareholders Agreement being the Transaction Documents. date of execution of the 28th February 2024 (Binding Term Sheet); 7th agreement August 2024 (Securities Subscription Agreement and Shareholders Agreement). details of amendment and impact Due to unresolvable difference between the thereof or reasons of termination parties to the Transaction Documents and as and impact thereof per the terms of the Consent Terms dated 15th September 2026, the aforementioned Transaction Documents are treated as terminated with effect from Share Transfer Date. The said termination does not have any material adverse impact on the operations, revenue or business of the Company.