Prabhat Technologies India Ltd Management Discussions

Your Directors have pleasure in presenting the management discussion and analysis report for the year ended on March 31, 2026. The Management Discussion and Analysis have been included in consonance with the Code of Corporate Governance as approved by The Securities and Exchange Board of India (SEBI). Investors are cautioned that these discussions contain certain forward looking statements that involve risk and uncertainties including those risks which are inherent in the Companys growth and strategy. The company undertakes no obligation to publicly update or revise any of the opinions or forward-looking statements expressed in this report consequent to new information or developments, events or otherwise.

The Management of the Company is presenting herein the overview, opportunities and threats, initiatives by the Company and overall strategy of the Company and its outlook for the future. This outlook is based on Managements own assessment and it may vary due to future economic and other future developments in the country. Prabhat Entertainment Limited (Formerly known as Prabhat Technologies (India) Limited (“the Company”) has recently emerged from the Corporate Insolvency Resolution Process (CIRP) pursuant to the approval and implementation of the Resolution Plan by the Adjudicating Authority. The Company is undergoing a transition phase following the implementation of the Resolution Plan, with a renewed focus on establishing and developing its business operations.

Pursuant to the change in the business direction of the Company, the name of the Company has been changed from Prabhat Technologies (India) Limited to Prabhat Entertainment Limited. The change reflects the Companys proposed transition from its earlier technology-oriented activities towards businesses and opportunities in the entertainment sector.

Business Outlook

Following its emergence from CIRP, the Companys immediate focus is on stabilising its operations and implementing the business strategy contemplated under the approved Resolution Plan. The Company is evaluating various opportunities in the entertainment sector and intends to develop a sustainable business model in line with market conditions.

The management believes that the growing Indian entertainment and digital media ecosystem provides opportunities for the Company to establish and expand its presence. The Company will continue to assess suitable business opportunities and undertake activities that are aligned with its objectives and available resources.

DISCUSSION ON FINANCIAL PERFORMANCE WITH RESPECT TO OPERATIONAL PERFORMANCE.

The Total Other Income for the year ended March 31, 2026 is Rs. 510.87 compared to Rs.95.18 Lakhs for the previous year. The Net Loss is Rs. (3831.96) Lakhs for the year ended March 31, 2025 as against net Loss of Rs. (54.96) Lakhs for the previous year.

DETAILS OF SIGNIFICANT CHANGES

DETAILS OF CHANGE IN RETURN ON NET WORTH AS COMPARED TO IMMEDIATELY PREVIOUS FINANCIAL YEAR ALONG WITH THE DETAILED EXPLANATION THEREOF