GECs
Chumbak TV by Shemaroo: Your go-to destination for quality Hindi entertainment
Mumbai: Shemaroo Entertainment one of India’s leading players in the M&E industry, has launched a new Hindi entertainment channel, “Chumbak TV”. The channel is all set to entertain the youth of India with a promise to offer a light-hearted viewing experience with an impressive lineup of international dubbed shows, captivating content from new-age creators, and engaging animation shows. It will strive to be the ultimate source of entertainment for the youth seeking fun and delight.
Chumbak TV aims to provide an entertaining viewing experience which is aptly aligned with its tagline, “मस्त है” capturing the essence of the exciting line-up of shows. The content is designed for the viewers to sit back, unwind and indulge in a joyous viewing experience with their loved ones. The channel’s content slate comprises popular K-dramas like Goblin, engaging content from new-age creators with fan-favourite series like Jungle Book and Vir – The Robot Boy, and many more exciting such shows.
Shemaroo COO Arghya Chakravarty said, “The launch of Chumbak TV is yet another milestone for us as we continue to expand our presence in the B2C space. With the success of our existing channels, we are confident that Chumbak TV will strike a chord with viewers and meet their evolving entertainment needs, thereby establishing itself as a household name. With Chumbak TV, we aim to further strengthen our position in the Indian entertainment industry and continue to be a leader in the market.”
Shemaroo COO of broadcasting business Sandeep Gupta added, “Chumbak TV is the latest addition to our existing strong portfolio of broadcast channels. We will ensure that our programming will excite and engage with young audiences leaving a lasting impact on their hearts and minds. With the launch of Chumbak TV, our network now offers tailor-made propositions for every member of the family as we are committed to providing our audiences with the best entertainment experience”.
Chumbak TV is poised to capture the hearts and minds of the youth with its exciting content and youthful appeal, which will certainly bolster Shemaroo’s existing broadcast offerings. The channel is available on the flagship OTT platform ShemarooME and will soon be available on all major direct-to-home and cable networks, ensuring that viewers across the country can easily access its content. Chumbak TV is committed to engaging with audiences at multiple touchpoints to cement its position as the ultimate destination for audiences looking for entertainment.
GECs
Sahara One reports financial results, notes director exit and business realignment
Muted revenues, steady expenses and strategic adjustments shape company’s current phase
MUMBAI: In a tale where the sands seem to be slipping faster than they can be gathered, Sahara One Media and Entertainment Limited has reported another quarter of wafer-thin income and widening losses, even as a boardroom exit adds to the unease.
The company informed the Bombay Stock Exchange that its board, in a meeting held on April 4, approved its unaudited financial results for the quarter ended September 30, 2025. The numbers paint a stark picture. Total income for the quarter stood at just Rs 0.13 lakh, unchanged sequentially and sharply down from Rs 0.26 lakh a year earlier.
Losses, meanwhile, deepened. The company posted a net loss of Rs 24.16 lakh for the quarter, compared to Rs 18.81 lakh in the June quarter and Rs 39.69 lakh in the same period last year. For the six months ended September 2025, the cumulative loss stood at Rs 39.69 lakh, while the full-year loss for FY25 was reported at Rs 60.72 lakh.
Expenses continued to outweigh income by a wide margin. Total expenses for the quarter came in at Rs 24.30 lakh, led by employee benefit costs of Rs 6.51 lakh and other expenses of Rs 17.78 lakh. Earnings per share remained in the red at Rs (0.11) for the quarter.
The balance sheet reflects a company with significant assets on paper but limited operational momentum. Total assets stood at Rs 23,065.57 lakh as of September 30, 2025, broadly unchanged from March 2025. Equity share capital remained steady at Rs 2,152.50 lakh, while total equity was reported at Rs 18,004.85 lakh.
Cash and cash equivalents saw a modest uptick to Rs 6.75 lakh from Rs 4.68 lakh earlier, supported by a positive operating cash flow of Rs 180.01 lakh for the period.
Yet, beneath these numbers lies a more complex narrative. The company’s auditors flagged their inability to obtain sufficient evidence to form a conclusion on the financial statements, citing lack of access to records. They also raised concerns over the company’s ability to continue as a going concern, pointing to insufficient funds, delayed recoveries, and stalled content investments.
Adding to the governance overhang, the company disclosed that Rana Zia has resigned as whole-time director, effective October 16, 2025, citing other professional commitments. The resignation, noted and accepted by the board, also brings an end to her role across company committees.
Regulatory pressures continue to loom large. The Securities and Exchange Board of India has already initiated penal actions for non-compliance with listing norms, with trading in the company’s shares remaining suspended. There is also a risk of promoter demat accounts being frozen.
Legacy legal issues remain unresolved. A substantial deposit of Rs 694,027.88 thousand linked to the long-running OFCD dispute involving Sahara group entities is still under the purview of the Supreme Court of India. Restrictions on asset disposal continue to weigh on the company’s financial flexibility.
Operationally, challenges persist across multiple fronts. Advances worth Rs 1,92,916 thousand given for film content remain stuck, with delays in project completion and uncertain recoverability. The company’s YouTube channel, despite being operational, has generated no revenue for over three years due to compliance lapses. In a further twist, management has indicated that revenues may have been fraudulently diverted through unauthorised changes to its AdSense account, with a police complaint in the works.
There are also missed revenue opportunities. Television content rights continue to be used by a related party despite the expiry of the licence agreement, with fresh negotiations still underway.
For now, Sahara One Media and Entertainment Limited appears caught between legacy disputes and present-day operational hurdles. As losses linger and governance questions mount, the road to recovery looks less like a sprint and more like a slow trudge through shifting sands.
