GECs
ZEE Rajasthan Organizes Rajasthan E-Vimarsh: Direct with Ministers, an e-Conclave with Cabinet & State Minsters
Zee Media Corporation Ltd’s regional channel ZEE Rajasthan which is also Rajasthan’s No. 1 news channel, conducted an E Conclave with 12 Ministers including Cabinet Ministers and State Ministers on 27th May 2020. Rajasthan E-Vimarsh, Direct with Ministers, was a continuous 6-hour session with ministers participating from various departments of Indian and Rajasthan Government.
Corona positive cases are continuously increasing in Rajasthan and have crossed 7500 mark on 27th May 2020. After 2 months into the lockdown, Rajasthan has faced many challenges like protecting its people from Covid-19, protecting its crops and farmers and reviving the economy so that the livelihoods can be restored. As the people of Rajasthan are coping with this situation and trying to find answers to their future, ZEE Rajasthan took the initiative to organize an E Conclave with Cabinet Ministers and Minister of States so that our viewers may get a clear picture of the road to recovery.
Each session lasted for half an hour where the leaders put forward their strategy for the coming days in their respective departments and encouraged our viewers to stay strong. Ministers who graced the session were: Gajendra Singh Shekhawat, Arjun Ram Meghwal, Shanti Kumar Dhariwal, Bulaki Das Kalla, Vishvendra Singh, Kailash Choudhary, Parsadi Lal Meena, Ramesh Meena, Govind Singh Dotasara, Tikaram Jully, Pratap Singh Khachariyawas, and Raghu Sharma. The conclave covered various government ministries so that viewers can understand the revival plan in different sectors.
Speaking on the occasion, ZMCL Cluster 2 CEO, Mr. Purushottam Vaishnava said, “After recently conducting the e-conclave with CMs of different states, we realized that it is equally important to narrow down the Government’s revival plan to state level. ZEE Rajasthan conceptualized this event to bring authorities of Rajasthan on one platform and to clarify numerous questions that our viewers had.”
After the successful completion of Rajasthan e-Vimarsh, in the coming days, similar state level conclaves are planned for Gujarat, West Bengal, Bihar & Jharkhand and Odisha on ZEE 24 Kalak, ZEE 24 Ghanta & ZEE Bihar Jharkhand and ZEE Odisha respectively.
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.
