Outcome of Board Meeting

NEXT NEXT MEDIAWORKS LIMITED MEDIAWORKS Corporate Office: 5th Floor, Lotus Tower, LIMITED A- Block, Community Centre, New Friends Colony, New Delhi- 110025 Tel.: 011-66561234 November 3, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Block G, Dalal Street Bandra-Kurla Complex, Bandra (East) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 532416 Trading Symbol: NEXTMEDIA Re: Outcome of the Board Meeting held on November 3, 2026 and Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("SEBI Listing Regulations") Dear Sir/Madam, This is to inform that the Board of Directors of the Company at its meeting held today, i.e. November 3, 2026, (which commenced at 11:45 A.M. and concluded at 12:25 P.M.) has, inter-alia, transacted the following businesses: - 1. Approved Un-Audited Financial Results ("UFRs") of the Company for the quarter and half year ended on September 30, 2026, pursuant to Regulation 33 of SEBI Listing Regulations; 2. Taken on record the Limited Review Report of M/s S.R. Batliboi & Associates LLP, Chartered Accountants (Statutory Auditors) on the above UFRs. This information is also being uploaded on the website of the Company i.e. www.nextmediaworks.com. You are hereby requested to take the above information on record Yours faithfully, For Next Mediaworks Limited Sonali Manchanda (Company Secretary) Encl.: As above CIN: L22100MH1981PLC024052 Regd. Office: Unit 701 A, 7th Floor, Tower-2, Indiabulls Finance Centre, Senapati Bapat Marg, Elphinstone Road, Mumbai 400 013 Tel.: +91 22 44104104 | Website: www.nextmediaworks.com | E-mail: Investor.communication@radioone.in 67, Institutional Area Sector 44, Gurugram -122 003 S.R. LLP BATLIBOI & ASSOCIATES Haryana, India Chartered Accountants Tel: +91124 681 6000 Independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended • Review Report to The Board of Directors Next Mediaworks Limited 1. We have reviewed the accompanying statement of unaudited financial results of Next Mediaworks Limited (the ··Company") for the quarter and six months ended September 30, 2026 (the ··Statement'") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the '•Listing Regulations'} 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) --Jnterim Financial Reporting. . prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company·s Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, .. Review of Interim Financial Information Performed by the Independent Auditor of the Entity'' issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently docs not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards (' Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. We draw attention to note 4 to the accompanying Statement of Unaudited Financial Results. regarding management's assessment and the resultant preparation of those financial results on the basis, that the Company is no longer a going concern. Our opinion is not modified in respect of this matter. For S.R. BATLIBOI & ASSOC IA TES LLP Chartered Accountants ICAI Firm registration number: 101049W/E300004 per Nikhil Aggarwal Partner Membership No.: 504274 UDIN: 2. 6501·0.1'1W8 I) FWU3 f ?'1 Place: New Delhi Date: November 03, 2026 S.R. Batliboi & A.sscciates LLP a Umitttd _iability Partnership with LLP lderit,t•1 No. AAB-4295 R:ld Ofxc .::~. C.uro.:: S1n:i::1 B!o..:J: ·a· lrd Floor. i,.;__,tk:111---:"'rQ oar, ....... e::>e-.- ""' E:C>l~WC>~I-<..~ L I ..,__,,. I -.-E: C> Regd Office: Unit 701 A, 7th Floor, Tower-2, lndiabulls Finance Centre, Senapati Ba pat Marg, Elphlnstone Road, Mumbai - 400 013 Email ID : lnvestor.communication@radioone.in Website : www.nextmediaworks.com CIN· L22100MH1981PLC024052 Tel No· 022-44104104 Statement of unaudited financial results for the quarter and six months ended September 30, 2026 IINR in Lacs exce: t per share data I Sr. Quarter ended Six months ended Year ended No. Particulars September 30, June 30, September 30, September 30, September 30, March 31, 2026 2026 2025 2026 2025 2026 /Unaudited\ /Unaudited\ /Unaudited\ /Unaudited\ /Unaudited) {Audited) 1 Income a) Revenue from operations - - - - b) Other income 2 9 - 11 - 20 Total income 2 9 - 11 - 20 2 Expenses (a) Employee benefit expenses - (b) Finance ccsts 120 117 111 237 221 452 (c) Other expenses 7 5 4 12 11 24 Total exPenses 127 122 115 249 232 476 3 Loss before exceotional items and tax 11-21 1125) 1113) 11151 12381 1232) {456) 4 (Loss)/ earning before finance costs, depreciation, amortization (5) 4 (4) (1) (11) (4) expenses and tax (EBITOA) and exceptional items (3+2b) 5 Exceotional items /loss\ - - - {72) 6 Loss before tax (3+5) (1251 (1131 1115' 1238' 12321 15281 7 Tax expense Current tax credit (refer note 6) - (25) (25) - - Deferred tax - - - Total tax credit {251 1251 - - 8 Loss after tax for the oeriod !6-71 11251 1881 11151 12131 1232) {528) 9 Other comprehensive income/floss) (OCI) net of taxes Items that will not to be reclassified subsequently to profit or loss - (415) (415) (546) 10 Total comprehensive loss for the period {8+9) {125) (88) (530) (213) (647) (1,074) 11 Paid up equity share capital (Face value INR 10 per share) 6,689 6,689 6,689 6,689 6,689 6,689 12 Other equity excluding revaluation reserves as per last audited (10,225) balance sheet Not annualised Not annualised Not annualised Not annualised Not annualised 13 Loss per share (of INR 10 each) Basic and diluted (019) (0.13) (0.18) (0.32) (0.35) (0.79) Notes: The above un-audited financial results for the quarter and six months ended September 30, 2026 were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective meetings held on November 3, 2026. The Statutory Auditors of Next Mediaworks Limited ('the Company') have conducted a "Limited Review" of the above results pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing [Showing first 8,000 characters — download PDF for full document]