GECs
Colors Kannada to premiere ‘Karimani’
Mumbai: Brace yourselves for a captivating journey where love, betrayal, and deep-rooted traditions intertwine in Colors Kannada’s brand-new drama, “Karimani”. Premiering on 19 February at 9:30 PM and airing every Monday through Friday, “Karimani” embarks on a unique exploration of desires clashing with vows, in association with Levista Instant Coffee and Dhruti Masala as special partners.
Sahitya, a bright woman nearing graduation, dreams of a promising future without her mother by her side. Her world takes a dramatic turn when she encounters Karna, the enigmatic heir to a powerful business empire. Drawn together by an unexpected spark, their lives become entangled in a whirlwind of shocking secrets, hidden agendas, and forbidden love. Prepare to witness their destinies collide in a thrilling rollercoaster of unpredictable twists and turns, forever altering the paths they thought they were destined for.
Spandana Somanna brings to life the determined Sahitya, whose world crumbles when she is asked to sign divorce papers on her wedding day. Thrust into a web of deceit, she finds herself drawn to Karna (played by Ashwin Yadav), a man caught between loyalty and a hidden truth that threatens his world. Together, they navigate a complex tapestry of love, betrayal, and family secrets, leaving you on the edge of your seat.
Beyond their star-crossed love, “Karimani” boasts a rich tapestry of supporting characters. Suchendra Prasad portrays Sahitya’s father, Vishwanath, desperately holding onto hope for his daughter’s happiness. Anusha Rao shines as Karna’s stepmother, Arundhathi, offering him unexpected solace. Meanwhile, a battle for connection unfolds between Rajendra Prasad (played by the seasoned actor himself) and his son Karna, with secrets simmering beneath the surface. Karna’s wise teacher Anuradha, loyal uncle Venkatesh, and Karna’s trusted family maid Papamma add further depth and intrigue, while Sahitya’s aunt Nalini and Rajendra’s sister Vanaja promise to thicken the plot of the story.
“With ‘Karimani,’ Colors Kannada embarks on a captivating journey that unfolds the intricate tapestry of tradition, love, and shocking betrayals,” said Colors Kannada business head Prashanth Nayak. “This emotionally charged series will leave you breathless with its unpredictable twists and turns, delving into the depths of human desire and the sacrifices we make for those we cherish. ‘Karimani’ is more than just a drama; it’s a powerful exploration of the choices we make and the consequences they unleash. We’re confident this unique show will resonate deeply with our viewers and leave an indelible mark.”
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.
