Updates

22nd 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 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosing herewith presentation made before the Members at the 44th Annual General Meeting of the Company held on Tuesday, 22nd September, 2026 commenced at 4:00 p.m. (IST) through Video Conferencing / Other Audio-Visual Means. Kindly take the above information on your records. Yours faithfully, For Mukta Arts Limited Pratiksha Panchal Company Secretary and Compliance Officer MUKTA ARTS LIMITED Annual General Meeting FY 2025–26: Year in Review| FY 2026–27 Business Outlook Rahul Puri –Managing Director Mukta Arts Ltd · Whistling Woods International · Mukta A2 Cinemas Agenda Industry Context The global and Indian M&E landscape in 2025-26 Consolidated Financials Group performance: revenue, EBITDA and margin A broader, Mukta Arts Production more resilient Standalone financials, return to production, new verticals business — built on a Whistling Woods International stronger base. Growth, margins and the land matter Mukta A2 Cinemas Turnaround metrics and the One Cinemas partnership Bahrain & Outlook The Bahrain turnaround and FY 2026-27 priorities Mukta Arts Limited —Annual General Meeting 2 INDUSTRY CONTEXT A Sector on the Rise The backdrop against which the Group delivered its FY 2025-26 results $3.5T +9% ₹13,395 cr +44% GLOBAL M&E INDUSTRY INDIA M&E GROWTH (2025) RECORD BOX OFFICE LIVE EVENTS SURGE An all-time high for Indian Live and in-person experiences Global entertainment & media The Indian M&E sector outpaced domestic box office, with Hindi were one of the fastest-growing revenues, on track to surpass $4.2 nominal GDP growth; digital media cinema's best-ever year and 37 segments —a tailwind for the trillion by the turn of the decade crossed ₹1 trillion for the first time films crossing ₹100 crore, up from Group's own live entertainment (PwC Outlook). (FICCI-EY). 22. push. Industry Context 3 GROUP PERFORMANCE FY 2025-26: Consolidated Financial Highlights A clear, broad-based operating improvement across the Group ₹17,391L +52% -32% REVENUE FROM OPERATIONS CONSOLIDATED EBITDA NET LOSS NARROWED Up from ₹16,672 Lacs, with growth spread EBITDA rose to ₹2,644 Lacs from ₹1,742 Lacs, Consolidated net loss narrowed to ₹1,180 Lacs across each of the Group's key operating with margin expanding from 10% to 15% — from ₹1,732 Lacs —a decisive step towards entities. genuine operating leverage, not a one-off gain. sustained profitability. Figures in ₹ Lacs unless stated (1 Lac = ₹100,000). Source: MD&A and Chairman's Statement, FY 2025-26. Consolidated Financial Highlights 4 Three Segments, One Growth Agenda Each business unit strengthened its EBITDA performance in FY 2025-26 P W A2 Whistling Woods Mukta Arts Production Mukta A2 Cinemas International A standout performer: revenue up 18% Standalone EBITDA margin of 49%, Revenue up 7% and EBITDA up 29%, and EBITDA more than doubling, now disciplined cost control, and a return to margin expanding from 9% to 11%, paired with a new capital-light production —Maanya, Taal 2, Khalnayak 2 positive 2026-27 on higher admissions, a management-contract model and a new —alongside animation, OTT and live new MBA tie-up and a land matter nearing strategic partner for long-term entertainment. resolution. profitability. Mukta Arts Limited —Annual General Meeting 5 MUKTA ARTS PRODUCTION A Return to Production Legacy With cinemas seeing renewed audience momentum and a decisive industry-wide shift back to theatrical-first releases, Mukta Arts Production is re-entering active production —building a slate that spans a new original, a legacy franchise revival and a partnership-led sequel. An Industry-Wide Shift Back to Theatres Maanya New production now underway —a small but meaningful production with a strong social message strongly demonstrating the new cost efficient model. Domestic box office crossed ₹13,395 crore in FY Taal 2 2025-26 gross terms —an all-time high — • driven by a revival of content-led, original A key area of focus this year, building on one of Mukta Arts' most iconic musical franchises. Production to begin next year. storytelling and a healthy 'long tail' of films beyond the big tentpoles. Khalnayak 2 This momentum gives the studio confidence to Rights deal done to secure profitability but demonstrating the value of the company’s commit fresh capital to a slate that blends new existing IP in a multitude of syndication opportunities. stories with trusted franchises. Mukta Arts Production 7 MUKTA ARTS PRODUCTION New Growth Verticals: Animation & Streaming Diversifying into complementary, less cyclical revenue streams alongside film AN SGM Studios OTT OTT and Streaming • A solid and experienced team is in place and ready to deliver on • The Green Gold Animation partnership is progressing well. OTT platforms. Green Gold’s strong production and execution ability is being • The strategy uses Mukta's own IP as a backbone, while also complimented by SGM’s revolutionary creative approach. building original series content. Both fiction and non-fiction are • Conversations with platforms for Mukta's reimagined IP are being developed including a documentary on the 50thyear of moving strongly, opening a new distribution pipeline. Subhashjias a director. • Both films and series are being developed for a mainly adult • Comes even as OTT platforms industry-wide have grown more and young-adult audience, capitalizing on human creativity but selective and cost-disciplined —underscoring the value of owned also strong AI tools. IP. Mukta Arts Production 8 MUKTA ARTS PRODUCTION Building a Live Entertainment Slate Riding a segment that grew 44% in India last year, and one of the fastest-growing globally VENUE Eva Live × Mithoon Jio Gardens A celebration of Subhash Ghai's musical legacy Outdoor extravaganza concert format that should have an attendance in excess of 20,000. A landmark live property in partnership with Eva Live and composer Mithoon, staged as an outdoor extravaganza at Jio Gardens in December—bringing Subhash Ghai's decades of musical storytelling to a live, immersive stage TIMING experience. December 2026 One property within a broader live slate. Partnering with Eva Live who has a strong track record in delivering well crafted Potential to move the production to other cities events such as the Bollywood Music Project and the AR Rahman shows. and countries. Mukta Arts Production 9 WHISTLING WOODS INTERNATIONAL A Growth Engine, Strengthening on Every Metric NEW STUDENT ADMISSIONS — JULY INTAKE Rev +7% REVENUE FROM OPERATIONS 440 ₹5,842 Lacs, aided by the new July 2025 batch and growing KEM project video production income. EBITDA +29% PROFITABILITY EBITDA grew from ₹506 Lacs to ₹652 Lacs, expanding margin from 9% to 368 11%. THE LAND MATTER Final hearings on the Review Petitions before the Bombay High Court are expected shortly; the Company remains confident of a favourable outcome July 2025 July 2026 that would unlock significant campus expansion. Whistling Woods International 10 MUKTA A2 CINEMAS A Turnaround Year A standout performer of FY 2025-26, on the back of a genuine cinema resurgence Rev +18% EBITDA +127% -41% REVENUE FROM OPERATIONS EBITDA MORE THAN DOUBLED NET LOSS NARROWED Added ₹1,324 Lacs to the top line, on a Rose to ₹1,477 Lacs from ₹650 Lacs; margin Reported net loss narrowed to ₹941 Lacs from genuinely stronger content slate. (IND-AS 116 adjusted) swung from -2% to +7%. ₹1,609 Lacs; PBT losses narrowed 58%. HEALTHIER OPERATING METRICS, NOT JUST PRICING Footfalls (Admits) Average [Showing first 8,000 characters — download PDF for full document]