Corrigendum to the Financial Results

p p Picturehouse Media Limited Date: - 27t July 2026 BSE Limited Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001. BSE — Scrip Code: 532355 Dear Sir/Madam, Sub: Filing of Corrigendum to the Financial Results Ref: Financial Results submitted by the Company on 29t May 2026 With reference to the above, and pursuant to the queries raised by the Stock Exchange in relation to the Financial Results submitted by the Company on 29" May 2026, we are hereby filing this Corrigendum to the said Financial Results. We request you to kindly take the same on record. Thanking You, Yours Faithfully, For Picturehouse Media Limited Prasad V Potluri Managing Director Regd. Office: KRM Contre 9th Floor No. Chennai - 600 031 T: +91 44 3028 557! CIN: L92191TN2000PLCO44077 Picturehouse Media Limited Statement on Impact of Audit Qualifications for the Financial Year ended March 31, 2026 on Standalone Financial Statement Particulars Audited Figures in lakhs Audited Figures in lakhs (as reported before adjusting for (as reported after adjusting for qualifications) qualifications) Turnover/Total Income 564.1! 564.1! Total Expenditure 517.69 517.69 Net Profit/(Loss) after tax 47.63 47.63] Earnings per share (in Rs.) 0.09) 0.09 Total Assets 9015.46) 9015.46] Total Liabilities 13040.23] 13040.23 Net Worth -4024.77) -4024.77 Any other financial item(s) (as felt appropriate by the management S.No 1 Details of Audit QualificationDetails of Audit Qualification 1.Attention s invited to note no. 3 to the Notes to Standalone Audited Financial Results, in relation to inventory i.e., films production expenses amounting to Rs. 3017.94 Lakhs, consists of advances granted to artists and co-producers. As represented by the Management the film production is under progress with respect to production of4 movies costing Rs 138.09 lakhs. In respect of the balance inventory of Rs 2,879.83 lakhs the Board is confident of recovering the amount from the production houses. In the absence of documentary evidence as well as the confirmation of balance from the parties relating to the status of the inventory amounting to Rs 2,879.83 lakhs,| we are unable to agree with the views of the Board. We are of the opinion that realization of inventories is doubtful but we are also unable to decide the quantum of loss that may arise on account of write down of inventory Qualified Opinion Type of Qualification Frequency of Qualification Eighth Time For Audit Qualification(s) where impact is quantified by the Auditor, Management Views NA The company is evaluating options for optimal utilization of these payments in production and release of films. Accordingly, the company is confident of realising the entire value of ‘expenditure on films under production'. The management does not foresee any erosion in carrying value If management is unable to estimate the impact, reasons for the same Auditors Comments No further comments Picturehouse Media Limited. Corp. Office: Plot No. 83& 84 4th Floor Punnaich Plaza Road No 2 Banjara Hills Hyderabad - 500 034 T: +91 40 6730 9999 F: +91 40 6730 9988 Regd. Office: KRM Cantre 9th Floor No.2 Harrington Road Chennai - 600 031 T +91 44 3028 5570 F: +91 44 3023 info@pvpglobal.com | pvpcinema.com CIN: L92191TN2000PLC0O44077 Picturehouse Media Limited S.No 2 Details of Audit QualificationDetails of Audit Qualification 2.Investment in wholly owned subsidiary viz. PVP Capital Limited, Chennai (PVPCL) (note no. 4 to Notes to Standalone Audited Financial Results) The subsidiary’s net worth stands at Rs. 616.19 lakhs (negative) as at 31.03.2026. The possibility of liberal cash flow is dim. The company has had its Certificate of Registration as a Non-Banking Financial Institution (NBFC) cancelled by the Reserve Bank of India (RBI), and the company has surrendered its registration as an NBFC. he company’s net worth has been fully eroded, it has defaulted on repayment of loans from banks, and statutory dues to the Government have not been remitted. Additionally, the subsidiary is not in to the main business activity from last three years. However, the Board of Picturehouse Media Limited considers that no impairment provision is necessary for the investment of Rs. 2,521.74 lakhs in PVP Capital Limited, citing| potential future cash flows and the possibility of recovering dues from borrowers. We do not agree with this view, as it remains difficult to assess the extent of the erosion in value and the resulting loss. Consequently, we are unable] to form a definitive opinion on the adequacy of the carrying value of the investment, and our opinion is qualified in this respect. Qualified Opinion Type of Qualification Frequency of Qualification Eighth Time For Audit Qualification(s) where impact is quantified by the Auditor, Management Views Picturehouse Media Limited is of the opinion that the carrying amount of investment in PVPCL viz. Rs. 2,521.74 lakhs do not require a write down If management is unable to estimate the impact, reasons considering its future cash flows and possibility of recovering its dues from its for the same borrowers. Auditors Comments No further comments ForRPSV&Co, Chartered Accountants Firm’s Registration Number: 00131515 Prasad V. Potluri Managing Director Date : May 29, 2026 0 Purandhar Place : Hyderabad Partner Plcturehouse Media Limited. Corp. Office: Plol No. 83 & 84 41h Floor Punnaich Plaza Road No 2 Banjara Hills Hyderabod - 500 034 T: +91 40 6730 9999 F: +91 40 6730 9988 Regd. Office: KRM Centro 9th Floor No.2 Harringfon Road Chatpat Chennai - 600 031 T: +91 44 3028 5570 F: +91 44 3028 5571 info@pvpglobal.com | pvpcinema.com CIN: L92191TN2000PLC044077 Picturehouse Media Limited Statement on Impact of Audit Qualifications for the Financial Year ended March 31, 2026 on Consolidated Financial Statement Audited Figures in lakhs. Audited Figures in lakhs. (as reported after adjusting for Particulars (as reported before adjusting for qualifications) qualifications) Turnover/Total Income 1,987.67 1,987.67 Total Expenditure 193037} 193037 Net Peofit/{Loss) after tax 57.24| 57.24] Earnings per share (in Rs.) 0.11] 0.11] Total Assets 29144.47) 29144.47] Total Liabilities 35428.94) 35428.94) [Net Worth -6,284.47 -6,284.47 [Any other financial item(s) (as felt appropriate by the management 5.No 1 Details of Audit QualificationDetails of Audit [Attention is invited to note no. 1 to the Statement, in relation to inventory i.e., films production expenses amounting to Rs. 3,017.94 Lakhs, consofi adsvatncses granted to artists and co- Qualification producers. As represented by the Management the film production is under progress with respect to production of 4 movies costing Rs 138.09 [akhs. In respect of the balance inventory of Rs 2879.83 lakhs the Board is confident of recovering the amount from the production houses. In the absence of documentary evidence as well as the confirmation of balance from the parties relating to the status of the inventory amounting to Rs 2879.83 lakhs, we are unable to agree with the views of the Board. We are of the opinion that realization of inventories is doubtful but we are also unable to decide the quantum of loss that may arise on account of write down of inventory. [Qualified Opinion Type of Qualification Frequency of Qualification Eighth Time For Audit Qualification(s) where impact is quantified by the Auditor, Management Views TN hA e company is evaluating options for optimal utilization of these payments in production and release of fiims. Accordingly, the parent company is confident of realising the entire value of -expenditure on films under production’. The management of the parent company does not | management is unable to estimate the impact, reasons. foresee any erosion in carrying value for the same. Auditors Comments [No further comments s.No 2 Details of Audit QualificationDetails of Audit 3 c] o mN po lt ee t eN lo y. 3 e ri on dt eh de (f nin ea gn ac ti ia vl e s nt ea tt e wm oe rn tt h [Showing first 8,000 characters — download PDF for full document]