Company Update

p p Picturehouse Media Limited Date: - 27t July 2026 To, BSE Limited Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001. BSE — Scrip Code: 532355 Dear Sir/Madam, Sub: Filing of Corrigendum to the Financial Results Ref: Financial Results submitted by the Company on 29t May 2026 With reference to the above, and pursuant to the queries raised by the Stock Exchange in relation to the Financial Results submitted by the Company on 29" May 2026, we are hereby filing this Corrigendum to the said Financial Results.

We request you to kindly take the same on record.

Thanking You, Yours Faithfully, For Picturehouse Media Limited Prasad V Potluri Managing Director Regd.

Office: KRM Contre 9th Floor No. Chennai - 600 031 T: +91 44 3028 557!

CIN: L92191TN2000PLCO44077 ----------------Page (0) Break---------------- Picturehouse Media Limited Statement on Impact of Audit Qualifications for the Financial Year ended March 31, 2026 on Standalone Financial Statement Particulars Audited Figures in lakhs Audited Figures in lakhs (as reported before adjusting for (as reported after adjusting for qualifications) qualifications) Turnover/Total Income 564.1!

564.1!

Total Expenditure 517.69 517.69 Net Profit/(Loss) after tax 47.63 47.63] Earnings per share (in Rs.) 0.09) 0.09 Total Assets 9015.46) 9015.46] Total Liabilities 13040.23] 13040.23 Net Worth -4024.77) -4024.77 Any other financial item(s) (as felt appropriate by the management S.No 1 Details of Audit QualificationDetails of Audit Qualification 1.Attention s invited to note no. 3 to the Notes to Standalone Audited Financial Results, in relation to inventory i.e., films production expenses amounting to Rs. 3017.94 Lakhs, consists of advances granted to artists and co-producers.

As represented by the Management the film production is under progress with respect to production of 4 movies costing Rs 138.09 lakhs.

In respect of the balance inventory of Rs 2,879.83 lakhs the Board is confident of recovering the amount from the production houses.

In the absence of documentary evidence as well as the confirmation of balance from the parties relating to the status of the inventory amounting to Rs 2,879.83 lakhs,| we are unable to agree with the views of the Board.

We are of the opinion that realization of inventories is doubtful but we are also unable to decide the quantum of loss that may arise on account of write down of inventory Type of Qualification Qualified Opinion Frequency of Qualification Eighth Time For Audit Qualification(s) where impact is quantified by the Auditor, Management Views NA If management is unable to estimate the impact, reasons for the same The company is evaluating options for optimal utilization of these payments in production and release of films.

Accordingly, the company is confident of realising the entire value of ‘expenditure on films under production'. The management does not foresee any erosion in carrying value Auditors Comments No further comments 900 Picturehouse Media Limited.

Corp. Office: Plot No. 83 & 84 4th Floor Punnaich Plaza Road No 2 Banjara Hills Hyderabad - 500 034 T: +91 40 6730 9999 F: +91 40 6730 9988 Regd.

Office: KRM Cantre 9th Floor No.2 Harrington Road Chennai - 600 031 T +91 44 3028 5570 F: +91 44 3023 info@pvpglobal.com | pvpcinema.com CIN: L92191TN2000PLC0O44077 ----------------Page (1) Break---------------- Picturehouse Media Limited S.No 2 Details of Audit QualificationDetails of Audit Qualification 2.Investment in wholly owned subsidiary viz.

PVP Capital Limited, Chennai (PVPCL) (note no. 4 to Notes to Standalone Audited Financial Results) The subsidiary’s net worth stands at Rs. 616.19 lakhs (negative) as at 31.03.2026. The possibility of liberal cash flow is dim.

The company has had its Certificate of Registration as a Non-Banking Financial Institution (NBFC) cancelled by the Reserve Bank of India (RBI), and the company has surrendered its registration as an NBFC. he company’s net worth has been fully eroded, it has defaulted on repayment of loans from banks, and statutory dues to the Government have not been remitted.

Additionally, the subsidiary is not in to the main business activity from last three years.

However, the Board of Picturehouse Media Limited considers that no impairment provision is necessary for the investment of Rs. 2,521.74 lakhs in PVP Capital Limited, citing| potential future cash flows and the possibility of recovering dues from borrowers.

We do not agree with this view, as it remains difficult to assess the extent of the erosion in value and the resulting loss.

Consequently, we are unable] to form a definitive opinion on the adequacy of the carrying value of the investment, and our opinion is qualified in this respect.

Type of Qualification Qualified Opinion Frequency of Qualification Eighth Time For Audit Qualification(s) where impact is quantified by the Auditor, Management Views NA If management is unable to estimate the impact, reasons for the same Picturehouse Media Limited is of the opinion that the carrying amount of investment in PVPCL viz.

Rs. 2,521.74 lakhs do not require a write down considering its future cash flows and possibility of recovering its dues from its borrowers.

Auditors Comments No further comments Prasad V. Potluri Managing Director Date : May 29, 2026 Place : Hyderabad ForRPSV&Co, Chartered Accountants Firm’s Registration Number: 00131515 0 Purandhar Partner Plcturehouse Media Limited.

Corp. Office: Plol No. 83 & 84 41h Floor Punnaich Plaza Road No 2 Banjara Hills Hyderabod - 500 034 T: +91 40 6730 9999 F: +91 40 6730 9988 Regd.

Office: KRM Centro 9th Floor No.2 Harringfon Road Chatpat Chennai - 600 031 T: +91 44 3028 5570 F: +91 44 3028 5571 info@pvpglobal.com | pvpcinema.com CIN: L92191TN2000PLC044077 ----------------Page (2) Break---------------- Picturehouse Media Limited Statement on Impact of Audit Qualifications for the Financial Year ended March 31, 2026 on Consolidated Financial Statement Particulars Audited Figures in lakhs.

(as reported after adjusting for qualifications) Audited Figures in lakhs.

(as reported before adjusting for qualifications) Turnover/Total Income 1,987.67 1,987.67 Total Expenditure 193037} 193037 Net Peofit/{Loss) after tax 57.24| 57.24] Earnings per share (in Rs.) 0.11] 0.11] Total Assets 29144.47) 29144.47] Total Liabilities 35428.94) 35428.94) [Net Worth -6,284.47 -6,284.47 [Any other financial item(s) (as felt appropriate by the management 5.No 1 Details of Audit QualificationDetails of Audit [Attention is invited to note no. 1 to the Statement, in relation to inventory i.e., films production Qualification expenses amounting to Rs. 3,017.94 Lakhs, consists of advances granted to artists and co- producers.

As represented by the Management the film production is under progress with respect to production of 4 movies costing Rs 138.09 [akhs.

In respect of the balance inventory of Rs 2879.83 lakhs the Board is confident of recovering the amount from the production houses.

In the absence of documentary evidence as well as the confirmation of balance from the parties relating to the status of the inventory amounting to Rs 2879.83 lakhs, we are unable to agree with the views of the Board.

We are of the opinion that realization of inventories is doubtful but we are also unable to decide the quantum of loss that may arise on account of write down of inventory.

Type of Qualification [Qualified Opinion Frequency of Qualification Eighth Time For Audit Qualification(s) where impact is quantified by the Auditor, Management Views NA for the same. | management is unable to estimate the impact, reasons.

The company is evaluating options for optimal utilization of these payments in production and release of fiims.

Accordingly, the parent company is confident of realising the entire value of -expenditure on films under production’. The management of the parent company does not foresee any erosion in carrying value Auditors Comments [No further comments s.No 2 Details of Audit QualificationDetails of Audit 3] Note No.3 in the financial statements which indicates that the Companies the net worth has |Qualification completely eroded (negative net worth of Rs. 6,284.47 lakhs) and the Group incurring continuous losses from business operations, existence of adverse key financial ratios, non-payment of statutory dues and other related factors indicate that there exists material uncertainty that will cast significant doubt on the Group's ability to continue as a going concern.

Our opinion is not modified in respect of this matter.

Type of Qualification Quahfied Opinion Frequency of Qualification Eighth Time For Audit Qualification(s) where impact is quantified by the Auditor, Management Views NA Plcturehouse Media Limited.

Corp. Office: Plot No. 83 & B4 4th Floor Punnaioh Plaza Road No. 2 Banjara Hills Hyderabad - 500 034 T: +91 40 6730 9999 F: +91 40 6730 9988 Regd.

Office: KRM Contre 9th Floor No. 2 Harrington e Chennai - 600 031 T: +91 44 3028 5570 F: +91 44 30 info@pvpglobal.com | pvpcinema.com CIN- L92191TN2000PLCO44077 ----------------Page (3) Break---------------- Picturehouse Media Limited i management is unable to estimate the impact, reasons for the same.

Even though, the company I5 incurring continuous losses, it has succeeded in reducing its operating cost.

This is entirely aligned with the Company’s long-range plan, which encompasses a continued development of the Company’s revenue generating activities in arder to absorb the losses carried forward and generate profit over a period of time.

Further, the lenders have extended their confidence by advancing finance and extending the time period of repayment.

There is nointention to liquidate as the Company has got future to improve its revenue.

The Company has paid advance amounts to the artistes and technicians for the future movies productions which are shown under Inventory.

Further, the company intends to strategically merge with its holding company which will create positive synergy in future.

The standalone financial results have been prepared on a going concern basis based on cumulative input of the available movie projects in pipeline and risk mitigating factors. [Auditors Comments No further comments 5.No 3 Details of Audit QualificationDetails of Audit Qualification [The independent auditor of the subsidiaries has drawn a qualified conclusion and Disclaimer of Opinion with respect to internal financial control over financial reporting.

The same is reproduced s follows: PVP Capital Limited, Chennai 3) The Company has not filled the appointment of Company Secretary (KMP) as per section 203 of the company’s act 2013, Rule 8A of the Act.

Default of the mandatory requirement will result the penalties to the company and Directors. b} The Company's inability to meets its financial requirements, non-payment of statutory dues, absence of visual cash flows, the pending legal out comes and liquidity constraints which doubts the ability of the company PVP Cinema Limited, Chennai 2} The financial statements which indicates that the Company has accumulated losses and its net worth is fully eroded, the Company has incurred loss during the current and previous year(s) and the Company's current liabilities exceeded its current asset as at the balance sheet date.

These conditions indicate the existence of a material uncertainty that may cast sign ficant doubt about the Company's ability to continue as going concern.

Our opinion is not modified in respect of this matter.

Type of Qualification Qualified Opinion Frequency of Qualification Eighth Time.

For Audit Qualification(s) where impact is quantified by the Auditor, Management Views NA [ management is unable o estimate the impact, feasons for the same Management has evaluating the action plans to realize the dues to the company and settlement the existing vendors.

Hence management is of the view that the financial statements shall continue to be prepared on the assumption that the company is a going concern.

The management is taking all efforts to appoint a suitable candidate for the position of CFO and CS. [Auditors Comments [No further comments Prasad V. Potluri Managing Director Date : May 29, 2026 Place : Hyderabad N N ForRPSV&Co, Chartered Accountants Firm's Reglstration NumbegX S. 0 purandhar Partner Plcturehouse Media Limited.

Corp. Office: Plot No. 83 & 84 41h Floor Punnoioh Ploza Road No. 2 Banjora Hills Hyderabad - 500 034 T: +91 40 6730 9999 F: +91 40 6730 9988 Regd.

Office: KRM Centre 9th Floor No. 2 Harringlon Road Chetpet Chonnai - 600 031 T: +91 44 3028 5570 F: +91 44 3028 5571 info@pvpglobal.com | pvpcinema.com CIN: L92191TN2000PLC044077 ----------------Page (4) Break----------------