GECs
Zee Zest, Nexa partner to launch new show Luxe Pins
Mumbai: Zee Zest, in collaboration with Nexa, has launched the first episode of its multi-part Nexa Journeys series, Luxe Pins. The first episode, hosted by actor Karan Tacker, aired on Zee Zest on 14 August.
Luxe Pins is an eight-episode series that aims to let the audience experience exclusivity through the host’s eyes.
From luxury hotels to handcrafted fragrances, treetop adventures to bespoke personal accessories, India offers unfathomable luxury experiences to a select few.
The host takes the audience on an unexplored journey of the finer things in Nexa XL6 as he travels through this world of splendour.
The launch of Nexa Journeys presents Luxe Pins also marks the beginning of a year-long collaboration between Maruti Suzuki India Ltd. and Zee Zest, that aims to bring forth a series of unique shows, centred around travel, luxury, road-tripping and much more, over the next year.
Zee Entertainment Enterprises chief cluster officer-west, north & premium channels, Amit Shah, said, “Zee Zest, being a leader in the lifestyle space since launch, has always endeavoured to offer high-quality content and ideas for advertisers to partner. Our association with Nexa is a clear win for both since Luxe Pins aligns with our content philosophy to unlimit life and its experiences and Nexa Journey’s objective to create premium travel experiences. We hope this breathtaking series will capture our viewers’ hearts by offering them an experience they can enjoy with the entire family.”
Maruti Suzuki India senior executive officer marketing and sales Shashank Srivastava said, “Nexa was born in 2015 when conventions were challenged, ‘premium’ was redefined, and car buying was transformed. Nexa introduced three experiential pillars which catered to the expectations of the discerning customers; Nexa music, Nexa lifestyle, and Nexa journeys.”
He further added, “Being a part of exclusive curated experiences that are unique, resonates with the concept of Nexa journeys. Nexa is pleased to showcase the gateway to providing exclusive, immersive, and indulgent experiences. So, while viewers see the Nexa cars in action as they traverse across the country, they also savour some truly unique and marvellous sights to behold on this journey.”
ZEE Entertainment Enterprises chief sales officer-FTA cluster and north branch head Ali Zaidi said, “At ZEE, we have been at the forefront of delivering personalised, holistic solutions to our partners through our diverse offerings. We are glad to further strengthen our partnership with Maruti Suzuki India Ltd. through Nexa Journeys on Zee Zest. Through this association, our aim is to weave Nexa’s objectives seamlessly into our programming, enabling them to target their audiences more effectively.
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.
