Integrated Filing — IndAS



General information about company
Scrip Code 532357
NSE Symbol MUKTAARTS
MSEI Symbol NOTLISTED
ISIN INE374B01019
Name of company Mukta Arts Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 16-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 28-May-2025   12:30:00
End date and time of board meeting 28-May-2025   13:40:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. No
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-05-28
Indicate Company website link for updated RPT policy of the Company https://muktaarts.com/Aboutus/investorsrelation/Corporate-Governance/MAL_Materiality%20of%20RPT%20Revised.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
NA



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 44933000 203169000
Other income 37953000 143832000
Total income 82886000 347001000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
(d) Employee benefit expense 16282000 57353000
(e) Finance costs 16206000 62583000
(f) Depreciation, depletion and amortisation expense 5659000 22722000
(f) Other Expenses
1 Other Direct Operating Expenses 66000 53143000
2 Other Expenses 19366000 62958000
Total other expenses 19432000 116101000
Total expenses 57579000 258759000
3 Total profit before exceptional items and tax 25307000 88242000
4 Exceptional items -3565000 -3565000
5 Total profit before tax 21742000 84677000
6 Tax expense
7 Current tax 1600000 8700000
8 Deferred tax 716000 1572000
9 Total tax expenses 2316000 10272000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 19426000 74405000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 19426000 74405000
17 Other comprehensive income net of taxes -602000 -602000
18 Total Comprehensive Income for the period 18824000 73803000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 112926000 112926000
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve 0
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.86 3.3
Diluted earnings (loss) per share from continuing operations 0.86 3.3
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.86 3.3
Diluted earnings (loss) per share from continuing and discontinued operations 0.86 3.3
24 Debt equity ratio 0.003 0.003
25 Debt service coverage ratio 0.013 0.049
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 94475000
Capital work-in-progress 1287000
Investment property 124847000
Goodwill 0
Other intangible assets 3490000
Intangible assets under development 77878000
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 336477000
Trade receivables, non-current 0
Loans, non-current 424806000
Other non-current financial assets 440303000
Total non-current financial assets 1201586000
Deferred tax assets (net) 22461000
Other non-current assets 137958000
Total non-current assets 1663982000
2 Current assets
Inventories 0
Current financial asset
Current investments 5736000
Trade receivables, current 385484000
Cash and cash equivalents 6749000
Bank balance other than cash and cash equivalents 36471000
Loans, current 905697000
Other current financial assets 79914000
Total current financial assets 1420051000
Current tax assets (net)
Other current assets 25044000
Total current assets 1445095000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 3109077000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 112926000
Other equity 1845035000
Total equity attributable to owners of parent 1957961000
Non controlling interest
Total equity 1957961000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 550317000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 38908000
Total non-current financial liabilities 589225000
Provisions, non-current 12241000
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities 453821000
Total non-current liabilities 1055287000
Current liabilities
Current financial liabilities
Borrowings, current 38400000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 868000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 13469000
Total Trade payable 14337000
Other current financial liabilities 28479000
Total current financial liabilities 81216000
Other current liabilities 9497000
Provisions, current 5116000
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 95829000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 1151116000
Total equity and liabilites 3109077000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Software Division 23044000 119890000
2 Equipment Division 940000 3345000
3 Theatrical Exhibition Division 0 0
4 Others 20949000 79935000
Total Segment Revenue 44933000 203170000
Less: Inter segment revenue
Revenue from operations 44933000 203170000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Software Division 23546000 30588000
2 Equipment Division 618000 2714000
3 Theatrical Exhibition Division 0 0
4 Others 12979000 60640000
Total Profit before tax 37143000 93942000
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax 37143000 93942000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Software Division 189668000 189668000
2 Equipment Division 10953000 10953000
3 Theatrical Exhibition Division 0 0
4 Others 143058000 143058000
Total Segment Asset 343679000 343679000
Un-allocable Assets 2751636000 2751636000
Net Segment Asset 3095315000 3095315000
4 Segment Liabilities
Segment Liabilities
1 Software Division 473161000 473161000
2 Equipment Division 0 0
3 Theatrical Exhibition Division 48000000 48000000
4 Others 31715000 31715000
Total Segment Liabilities 552876000 552876000
Un-allocable Liabilities 584478000 584478000
Net Segment Liabilities 1137354000 1137354000
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Other comprehensive income -602000 -602000
Total Amount of items that will not be reclassified to profit and loss -602000 -602000
2 Income tax relating to items that will not be reclassified to profit or loss 0 0
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income -602000 -602000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 84677000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 62583000
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current -164651000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -153069000
Adjustments for decrease (increase) in other non-current assets -42658000
Adjustments for other financial assets, non-current -15834000
Adjustments for other financial assets, current -9410000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -24183000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -88344000
Adjustments for increase (decrease) in other non-current liabilities 446170000
Adjustments for depreciation and amortisation expense 22721000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 3561000
Adjustments for provisions, current 906000
Adjustments for provisions, non-current 170000
Adjustments for other financial liabilities, current -314000
Adjustments for other financial liabilities, non-current 2448000
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 127973000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 3565000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -84312000
Net cash flows from (used in) operations 365000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 27730000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -27365000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses -5590000
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 272408000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development -220833000
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 127972000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 5736000
Net cash flows from (used in) investing activities 76543000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 19360000
Repayments of borrowings 28838000
Payments of lease liabilities 0
Dividends paid 0
Interest paid 62583000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -72061000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -22883000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -22883000
Cash and cash equivalents cash flow statement at beginning of period 66103000
Cash and cash equivalents cash flow statement at end of period 43220000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Auditor's opinion Qualified opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Uttam Abuwala Ghosh & Associates Yes 31-Mar-2026


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 347002000 347002000
2 Total Expenditure 258758000 258758000
3 Net Profit/(Loss) 88244000 88244000
4 Earnings Per Share 3.3 3.3
5 Total Assets 3109077000 3109077000
6 Total Liabilities 1151115000 1151115000
7 Net Worth 1957961000 1957961000


Audit qualification
Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Repetitive Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)


Text Block
Textual Information(1) As at March 31, 2025, the companys investment in its subsidiary (including deemed investment), Whistling woods International Limited (WWIL) a joint venture between the company and Maharashtra Film, Stage and Cultural Development Corporation Limited (MFSCDCL), aggregates to Rs. 19,95,11,218/- and loans and advances, deposits, interest receivable and rent receivable aggregate to Rs. 64,13,83,146/- recoverable from WWIL. As fully explained in Note 42 to the accompanying audited financial statements, the Order of February 9, 2012 passed by the High Court of judicature at Bombay (High Court), had quashed the joint Venture Agreement (JVA) between the company and Maharashtra Film Stage Cultural Development Corporation (MFSCDCL). Maharashtra Film Stage and Cultural Development Corporation (MFSCDC) raised net demand of Rs. 59,19,66,210/- and asked WWIL to vacate the premises-. WWILs petition for special leave to appeal filed with the Supreme Court of India had also been dismissed. The Company and WWIL had filed application to review the said order with the High Court and an Interim stay was granted on July 30, 2014 which required deposit of Rs.10,00,38,000/- by January 2015 against payment of arrears of rent for the year 2000-01 to 2013-14 and payment of Rs.45,00,000/- per annum from Financial Year 2014-15 till the settlement of the case, to MFSCDCL. As per the terms of the said Order, till financial year 2016-17, Rs. 11,35,38,000/- has been paid by the Parent Company and for financial year 2017-18 to 2021-22 Rs. 45,00,000/- per annum has been paid by WWIL. The State Govt. of Maharashtra and MFSCDCL challenged the order of the High Court in the Supreme Court which was dismissed by the Supreme Court on September 22, 2014. The amount so paid / being paid by the Company have been accounted under Non - Current Other Financial Assets in the Standalone Financial Statements to be adjusted on the settlement of the case. n nAdditionally, without giving effect to the matter as stated above, WWIL's net worth stands fully eroded as at 31 March, 2025. Having regard to the circumstances explained above and pending final outcome of the matter under litigation, the Company has not made any adjustment to the carrying value of investment in and amounts due from WWIL and the deposit paid consequent to the High Courts Orders. Accordingly, the impact on the carrying value of investments, recoverability of loans and advances and consequential impact on profit / loss for the year and reserves is not determinable. n
Textual Information(2) Not Applicable
Textual Information(3) Not Applicable
Textual Information(4) Having regard to the circumstances and pending final outcome of the matter under litigation, the company has not made any adjustment to the carrying value of Investment in and amounts due from WWIL and the deposit paid consequent to the High Courts Orders. Accordingly the impact on the carrying value of investments, recoverability of loans and advances and consequential impact on loss for the year and reserves is not determinable.
Textual Information(5) As per the explanation provided by the Management in point (ii) above, the impact on the carrying value of investments, recoverability of loans and advances and consequential impact on loss for the year and reserves is not determinable.


Signatories detail
Name of CEO / Managing director Rahul Puri
Name of CFO Jabir Contractor
Name of audit committee chairman Kapil Bagla
Name of statutory auditor Uttam Abuwala Ghosh & Associates
Name of other signatory, if any, with designation Subhash Jhunjhunwala
Place Mumbai
Date 28-May-2025


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Mukta Arts Limited Mukta VN Films Ltd Joint Venture Sale of goods or services 3060000 Approved 3060000 5942000 17435000
2 Mukta Arts Limited Mukta A2 Cinemas Private Limited Subsidiary Company Any other transaction Rent and Maintenance Charges 1538000 Approved 1538000 12990000 22233000
3 Mukta Arts Limited Whistling Woods International Limited Subsidiary Company Any other transaction Rent and Maintenance Charges 7919000 Approved 7919000 1345000 0
4 Mukta Arts Limited Ashok Krishandayal Ghai Brother of Chairman Any other transaction Professional Fees 1925000 Approved 1925000 346000 346000
5 Mukta Arts Limited Muskaan Ghai Daughter of Chairman Any other transaction Professional Fees 85000 Approved 85000 0 0
6 Mukta Arts Limited Subhash Krishandayal Ghai Chairman Director (And Shareholder) Any other transaction Rent Expenses 1025000 Approved 1025000 617000 0
7 Mukta Arts Limited Whistling Woods International Limited Subsidiary Company Interest received 12788000 Approved 12788000 2705000 2128000
8 Mukta Arts Limited Mukta A2 Multiplex WLL Subsidiary Company Interest received 5076000 Approved 5076000 38892000 43969000
9 Mukta Arts Limited Mukta A2 Cinemas Private Limited Subsidiary Company Interest received 33205000 Approved 33205000 199817000 229702000
10 Mukta Arts Limited Mukta VN Films Limited Joint Venture Interest received 897000 Approved 897000 5942000 17435000
11 Mukta Arts Limited Mukta Creative Venture Limited Subsidiary Company Interest paid 35000 Approved 35000 1018000 1081000
12 Mukta Arts Limited Connect.1 Ltd Subsidiary Company Interest paid 150000 Approved 150000 1623000 1635000
13 Mukta Arts Limited Siraj Farooqui Brother of Director Remuneration 2542000 Approved 2542000 0 0
14 Mukta Arts Limited Sameer Farooqui Brother of Director Remuneration 694000 Approved 694000 0 0
15 Mukta Arts Limited Subhash Krishandayal Ghai Chairman Director (And Shareholder) Remuneration 5714000 Approved 5714000 0 1350000
16 Mukta Arts Limited Rahul Puri Managing Director Remuneration 3046000 Approved 3046000 0 325000
17 Mukta Arts Limited Mukta A2 Multiplex WLL Subsidiary Company Any other transaction Share Purchased 14343000 Approved 14353000 0 75590000
18 Mukta Arts Limited Mukta A2 Cinemas Private Limited Subsidiary Company Any other transaction Advances/Loan given during the period 92800000 Approved 92800000 630000000 689700000 Loan 0 Payable on Demand Loan 0.08 Payable on Demand Unsecured Working Capital
19 Mukta Arts Limited Whistling Woods International Limited Subsidiary Company Any other transaction Advances/Loan given during the period 59700000 Approved 59700000 160200000 253000000 Loan 0 Payable on Demand Loan 0.11 Payable on Demand Unsecured Working Capital
20 Mukta Arts Limited Subhash Krishandayal Ghai Chairman Director (And Shareholder) Any other transaction Professional Fees 15300000 Approved 15300000 0 0
Total value of transaction during the reporting period 261852000