Annual Report for the FY 25-26

SML/CS/2026/45 Date: July 21, 2026 To, To, The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Phirozee Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, G Block, Dalal Street, Fort, Bandra-Kurla Complex,Bandra (E), Mumbai- 400 001 Mumbai - 400 051 Scrip Code: 511630 Scrip Symbol: SAMBHAAV Dear Sir, Sub: Submission of 36th Annual Report of the Company for the Financial Year 2025‐26 Pursuant to the Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we are hereby submitting 36th Annual Report of the Company for the financial year 2025-26. The 36th Annual General Meeting to be held through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) shall be held on Thursday, August 13, 2026 and the intimation and Notice thereof has been submitted to the exchange separately. 36th Annual Report and Notice of the Annual General Meeting, to be held through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) are also available at the website of the Company in the ‘Investor’ segment at www.sambhaav.com. Thanking you, Yours faithfully, For, Sambhaav Media Limited Manisha Mali Company Secretary Encl: a/a ONE SOURCE MANY SIGNALS ANNUAL REPORT 2025-26 TABLE OF CONTENTS ONE SOURCE COMPANY OVERVIEW 01 CHAIRMAN’S MESSAGE 03 MANY SIGNALS TECHNO-MEDIA INFRASTRUCTURE DEVELOPER 05 At Sambhaav Media Limited, transformation is no COMPANY PORTFOLIO 07 longer a future ambition. It is our present reality. What began as a regional media enterprise is now evolving CORPORATE SOCIAL into a diversified techno-media infrastructure RESPONSIBILTY 15 developer, where technology, broadcasting, mobility, content, and public engagement converge into one integrated platform. FINANCIAL HIGHLIGHTS 17 We are moving beyond the boundaries of BOARD OF DIRECTORS 19 conventional media to build intelligent communication networks that deliver information, COMPANY DETAILS 21 entertainment, and connectivity seamlessly across everyday life. Our focus is on creating scalable, future-ready platforms that combine the strength of DIRECTOR’S REPORT 23 infrastructure with the influence of media. MANAGEMENT DISCUSSION AND ANALYSIS 42 CORPORATE GOVERNANCE 58 STANDALONE FINANCIALS 89 CONSOLIDATED FINANCIALS 154 NOTICE OF AGM 220 TABLE OF CONTENTS COMPANY OVERVIEW 01 CHAIRMAN’S MESSAGE 03 TECHNO-MEDIA INFRASTRUCTURE DEVELOPER 05 COMPANY PORTFOLIO 07 CORPORATE SOCIAL RESPONSIBILTY 15 FINANCIAL HIGHLIGHTS 17 BOARD OF DIRECTORS 19 COMPANY DETAILS 21 DIRECTOR’S REPORT 23 MANAGEMENT DISCUSSION AND ANALYSIS 42 CORPORATE GOVERNANCE 58 STANDALONE FINANCIALS 89 CONSOLIDATED FINANCIALS 154 NOTICE OF AGM 220 COMPANY COMPANY OVERVIEW Sambhaav Media Limited (Sambhaav) is a Public Limited Listed Company incorporated in the year 1990 under the Companies Act, 1956. The Keeping in center central stakeholders’ interest, Company is predominant media social responsibility and ethics. The Company house in Gujarat with the of would grows in top as well as bottom line through Newspaper and Magazine under Print teamwork using technology updates and Publication, FM Radio, Marketing Rights innovative ideas and build its image in the of Television Channel, In Transit Media market. under electronics Media, Online Portals, Social Media and Mobile Applications under Digital Media. In the year 1986, an eminent journalist, who had worked with the top newspapers in Gujarat i.e. Late Shri Bhupatbhai Vadodaria, started a morning daily newspaper ‘Sambhaav’ with his Gandhian VISION approach. With his base principal of “Do NOT sensationalize, Sensitize”, vision, and foresight, he built a strong To be the transformer in the media with assorts foundation for today’s Sambhaav. The desires of each life by enlightening, entertaining, Company thereafter has been steered enlightening and involving people. in new directions by overcoming several challenges with the pinnacle knowledge, in-depth insight and thorough understanding of the Profefessional Board of Directors and highly motivated team members who have efficiently transformed Sambhaav from a print-media MISSION Company to a meaningful Digital-media Corporate offering a bouquet of multiple innovative media To endorse free vocalizations, equitable news and solutions. information, promote best trade practices and effective ascendancy to create value for the stockholders in long run. COMPANY COMPANY OVERVIEW Sambhaav Media Limited (Sambhaav) is a Public Limited Listed Company incorporated in the year 1990 under the Companies Act, 1956. The Keeping in center central stakeholders’ interest, Company is predominant media social responsibility and ethics. The Company house in Gujarat with the of would grows in top as well as bottom line through Newspaper and Magazine under Print teamwork using technology updates and Publication, FM Radio, Marketing Rights innovative ideas and build its image in the of Television Channel, In Transit Media market. under electronics Media, Online Portals, Social Media and Mobile Applications under Digital Media. In the year 1986, an eminent journalist, who had worked with the top newspapers in Gujarat i.e. Late Shri Bhupatbhai Vadodaria, started a morning daily newspaper ‘Sambhaav’ with his Gandhian VISION approach. With his base principal of “Do NOT sensationalize, Sensitize”, vision, and foresight, he built a strong To be the transformer in the media with assorts foundation for today’s Sambhaav. The desires of each life by enlightening, entertaining, Company thereafter has been steered enlightening and involving people. in new directions by overcoming several challenges with the pinnacle knowledge, in-depth insight and thorough understanding of the Profefessional Board of Directors and highly motivated team members who have efficiently transformed Sambhaav from a print-media MISSION Company to a meaningful Digital-media Corporate offering a bouquet of multiple innovative media To endorse free vocalizations, equitable news and solutions. information, promote best trade practices and effective ascendancy to create value for the stockholders in long run. CHAIRMAN’S MESSAGE Dear Stakeholders, It gives me immense pleasure to present we have created a distinctive market the Annual Report of Sambhaav Media position built upon niche media Limited for FY2025-26. products and unique technological competencies. This transformation has The media and communication strengthened our ability to address landscape is undergoing profound emerging opportunities and serve a transformation, driven by rapid broader spectrum of stakeholders technological advancements, changing across the media ecosystem. consumer preferences, increasing demand for targeted engagement, and During the year, the Company further the convergence of content, connectivity strengthened its strategic direction by and digital infrastructure. In this evolving entering into business and marketing environment, Sambhaav Media has arrangements with experienced continued to adapt, innovate and industry professionals and domain reposition itself for sustainable long-term experts. We believe these partnerships growth. will enhance our market reach, improve operational effectiveness and Over the years, the Company has accelerate business growth in the successfully evolved from a traditional years ahead. By combining our media and advertising enterprise into a infrastructure, technology and media technology-enabled media infrastructure assets with industry expertise, we are developer. Through continuous innovation, creating a scalable platform capable strategic investments and the of delivering sustainable value development of specialised capabilities, creation. The Company remains focused on identifying and securing differentiated opportunities arising from favourable industry tailwinds. Our experience in executing specialised media projects, combined with our technology-driven approach, positions us well to participate [Showing first 8,000 characters — download PDF for full document]