GECs
Comedy fest Moj Comedy Universe returns with Hasna Zaruri Hai
Mumbai: Did you know that if you laugh for 15 minutes, your mind and body will thank you? So, this is your chance if you are a fan of memes or if you prefer telling classic knock-knock jokes. Whatever your humor preference is – whether it’s slapstick, dark, or sarcasm – Moj has got you covered! In celebration of the International Day of Happiness, short video app, Moj, has launched the second edition of its popular comedy fest – Moj Comedy Universe. The comedy talent fest will kick off on 20 March at 7:00 PM with a special launch challenge called “Hasna Jaruri Hai” on the Moj app (LIVE). This challenge invites creators and users of the app to showcase their impeccable comic timing and compete with each other in a battle of wits. Over the next 40 days, creators will face four unique hashtag challenges, each with a different format, to win prizes worth INR 1.5 lakhs.
The Moj Comedy Universe, one of the biggest online comedy challenges, is back with the best comedy creators showcasing a wide variety of comedy content from stand-ups to satires. Popular Moj creators such as Veer Indori, Parul, Anjali Jain, Kishan, Kavita Solanki, and Sachin Gupta will participate in this year’s edition. The launch challenge, called Hasna Zaruri Hai will feature ten pre-selected Moj users battling it out with popular Moj comedy creators in a head-on battle where the first one to laugh will be out of the competition.
For the next 40 days, the Moj Comedy Universe will feature a series of entertaining challenges for users. The first challenge, #TUTUMainMain, will showcase family and couple comedy from 20 to 29 March. The second challenge, #ComedyMunch, will highlight stand-up, mimicry, and quirky roasts from 30 March to 8 April. The third challenge, #MojMemeMania, will feature the best memes from 9 to 18 April. The final challenge, #SilentComedy, will challenge creators to make the audience laugh without speaking from 19 to 28 April. Ten winners will be selected per challenge, and the champions will be gratified with exciting prizes. Judging for each round of the Moj Comedy Universe will be based on the engagement and quality of the content created, a.k.a; how many people were unable to stop laughing!
Talking about the campaign, Moj and ShareChat Sr. director, content strategy Shashank Shekhar said, “Moj Comedy Universe embodies Moj’s core values of entertainment, creativity and humor. The user community will have a one-of-a-kind chance to celebrate the International Day of Happiness by participating in a meticulously planned festival of laughter filled with creative challenges. The creators can demonstrate their comedic talents to a larger audience through our platform. Moj is committed to being the ultimate destination for Indian youth seeking entertainment, creativity, and space for digital stars to showcase their talent and connect with brands. As a fun destination, Moj offers a platform for niche creators such as comedians to reach a large audience, grow their following and succeed in their digital careers.”
Moj provides a unique platform for creators to showcase their talent and gain brand recognition, taking a step closer to their dream of a successful career as digital stars. The app is a fun destination that offers niche creators, including those in comedy, opportunities to engage with a vast audience, increase their reach, and build a massive following.
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.
