GECs
MTV dares to step out with ‘Rann VJ Run’
MUMBAI: Come 27 October, MTV will have a brand new adventure reality series for its viewers. The show christened Rann VJ Run is a genre-bending show that takes a look into the life of Rannvijay Singh like never before. The channel has roped in Woodland as the presenting sponsor and the show will be powered by Samsung Galaxy S4.
Produced by Anshuman Jaiswal, the 10-part series will follow Rannvijay as he embarks on an epic journey to discover new places, new sports, new cultures, new people and a new way of life. Each destination across the globe will see Rannvijay challenge himself into doing things that he always wanted to do but never imagined he could.
Speaking about the new show, MTV India EVP and business head Aditya Swamy exults: “We have always seen our favourite stars in charge and in control. But how often do you get to see the real person behind the star, that’s exactly what this show is about. The most real reality show which you will see, it captures what happens when a man challenges himself to the very limit. It’s not about how hard you fall but it’s how fast you will bounce back.”
Will the series work wonders for the channel? A media planner answers: “I don’t think the channel has made a right move by airing it on Sundays, where people are either busy with friends or family. The channel’s main target group (TG) is youngsters, but who will like to sit home on a Sunday in front of the television box and watch the series.”
He further goes on to say that: “As far as concept is concerned, it is quite interesting. Rannvijay is known as the face of the channel. But the time slot the channel has booked won’t give them the numbers it might be expecting. Let’s hope his fans churn out numbers for the channel.”
Thrilled at being part of the show, Rannvijay Singh says: “I am extremely delighted to be part of a project like MTV Rann VJ Run which makes me go that extra mile and challenge myself. I am not going to play against any opponents but myself. It will be just me and the game. This is one journey I just can’t wait to commence.”
The series will be air every Sunday at 6.00 pm.
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.
