Cinevista Ltd Management Discussions

2024 – 2025

Respected, Valued & Dear Shareholders

We meet today, exactly a year to the date, of our last Annual General Meeting.

At the very outset, we would like to thank our 13000 plus, esteemed and loyal shareholders for their continued Support, Co-operation, Bonding and for giving to your Company, a sense of belonging, that elevates and motivates us to Perform, Persevere, Perfect, with a sense of Passion, all that weve set out to achieve, as a roadmap, for your Company!

Like the saying goes:

It was first, only a thought that sparked the change, in your Companys destinyand propelled Action, Movement, Resurgence and activity!

Today, as things stand, your Company has registered a strong presence as Developers, along the Eastern Express Highway suburb of Kanjurmarg (W), with its Joint Development Venture, with the K. Raheja Corp Real Estate Pvt. Ltd. Group!( Rated as the 7^th largest Developers, in India at this point in time.)

Weve successfully commenced construction activity on this project, titled "Antares" come late November 2024.

It took K. Raheja Corp, almost a year and a little more, to break ground, due to several stringent changes instituted in the construction policy, for the entire construction industry, by the Supreme Court of India, which not only created multiple hurdles, but also demanded an additional influx of funds, in addition to those allocated for the completion of the said project, to see it to the finishing line!

Full compliments to Hafiz Contractor and the architectural team at K. Raheja Corp

Real Estate Pvt. Ltd., for coming up with a design and structure, that will not only rule, but command respect and domination, in the entire L.B.S. Marg belt, stretching from Kanjurmarg, right upto Thane!

So, it was first a mere thought that sparked the ignition, in February 2020; with the advent of the pandemic, that root grew to be a plant and finally came to reality, on that 29^th day of May 2023, with the registration of the Joint development Agreement, between your Company and K. Raheja Corp, getting registered in the late hours, of the night, on that very historic day!

Thus an invisible thought, that firstsparked fire,in the mind of your Companys Managing

Director in the early months of the calendar year 2020, has now turned into "Antares", a 2 tower multi-storied project, with a unique 80 metre podium, stretching its largesse, between the 2 towers, ‘A and ‘B, at the Companys parcel of land, at Kanjurmarg (W). As all our valued, esteemed and loyal shareholders can now see, the effects of the dream/that germ, that thought, which first took birth, in February 2020 are both visible and discernable, now!

From being only a Media Company, we, your Company, are Developers, too!

Change is honestly, the only absolute and constant factor, that drives, motivates, and propels success, besides hard work, dedication and persistence.

Your Company, hit the ‘Bulls Eye, with its Joint Development deal, with the prestigious, renowned and reputed, K. Raheja Corp Group.

The project ‘Antares, as things stand, has taken off, in an exemplary manner!

Both buyers and investors, are vying with each other, to gain a foothold, in the project!

All relevant information has been posted on the B.S.E. /N.S.E. sites, from time to time, to ensure total transparency!

Also, we urge all our 13000 plus shareholders, to kindly visit the rera site, for any additional information that they might want to seek!

Your Company has received a total income of Rs. 11.46 Crores, from its revenue share portfolio, from K. Raheja Corp, in the Financial Year 2024-2025, and an additional Rs.

4.61 Crores in the first quarter of the Financial Year 2025-2026.

November 2029, has been intimated as the project completion date, by K. Raheja Corp and the same stands posted on the RERA site!

Streams of income from our revenue share portfolio will see an inflow over time,to the Financial Year 2029-2030 and maybe even beyond, depending on the speed and velocity of sales, as time progresses!

For the benefit of all our shareholders, we would, once again, like to reiterate, that your Company, has entered into a Joint Development deal for a project tilted ‘Antares, with K. Raheja Corp

Real Estate Pvt. Ltd. and not gone in, for an outright sale, for the parcel of land situated at Kanjurmarg (W), which first housed the Companys studio and its activity!

This industrial parcel of land, which housed and performed as the sheet anchor for your Companys shoot activities, for a good 20 odd years, valued at Rs. 133.87 Crores, is your Companys contribution to this deal, now, actively under progress!

Partnering K. Raheja Corp, in this Joint Development project and changing gears, from being just a Media Company, has been one of the biggest achievements, of your Company!

Theres a saying that goes this way;

A lot to learn, from the above, if one were to truly introspect.

And now, lets move over to the Companys You Tube channels launched, on the Google platform!

Though late entrants, weve made decent progress.

Weve 5 channels on air, at this point in time!

They are:

1. Cinevista Classics

2. Swift & Fast

3. Cinevista Entertainment

4. Cinevista Marathi

5. Cinevista Gujarati

Cinevista Classics, our primary channel, has 5 of our golden period shows, on air.

1. A Mega Mythological titled ‘Jai Mata Ki, starring the evergreen star, ‘Hema Malini, in the titular role, portraying all the roles of ‘Mata, deeply entranched, in our Hindu culture.

2. ‘Noorjehan, a Mega Historical, starring Milind Soman, Gauri Pradhan, whom your Company launched, with Noorjehan, way back, in the calendar year 1999.

3. ‘Sita, a Mega Mythological;

For the very first time,‘Ramayana, told from Sitas perspective!

4. ‘Zindagi, starring Sharmila Tagore, besides Supriya Pathak, Benjamin Gilani, Raza

Murad, Urmilla Matondkar, Kiran Kumar, besides a host of other stars, in pivotal roles.

& 5. ‘Gul Gulshan Gulfam, the emerald in Cinevistas crown!

Shot at the height of insurgency in the valley of Srinagar, in the year, 1989, when terrorism first raised its warheads, this is an evergreen show, that reminisces, about a time and era, when the Hindu Pandits and the local Kashmiri Muslim populace, lived, in total harmony and peace, without any animosity or differences.

‘Cinevista Classics, has today garnered 6,09,000 subscribers within its fold and records 20.5 Crore of views, to the 11^th of August 2025, with a watchtime of 65.7 Lac hours!

Average views per day, fall in the range of 1.15 lacs, per day!

Considering were rather late entrants, in this field, this is good going, one can say! ‘Swift & Fast, our other channel, has garnered within its fold, 1,11,000 subscribers, to the 11^th of August, 2025.

Daily views per day range in the region of 2+ to 4+ Lacs, per day!

The other 3 channels, have been launched just a few months back and will take their course in time, to grow and magnify!

Finally, before we sign off today, we would like to conclude with:

Strength grows, when we dare Unity grows, when we pair, Love grows, when we share & Relationships grow, when we care.

We, your Company values its relationship, with its 13000 plus shareholders, immensely; We wish to not only share our dreams and aspirations, with our esteemed shareholders but stand united, with them, in their quest for advancement and growth!

And finally strength does stem from inner confidence, which raise the bar!

Thats what your Company has achieved with distinction and determination, with this radical change, from being just a Media Company to becoming a Developer, too!

Finally, wishing all our Loyal shareholders a healthy body, a calm soul and peace of mind, for with those, in your stead, youre richer, than most, as these are things, that money cant buy!

Thank you and take care, till we meet again.