Creative Eye Ltd. (CREATIVEYE) — Tipsheet

Creative Eye's company secretary quits, deepening governance concerns

Tipsheet Editorial — Wed, 15 Jul 2026 23:29:12 GMT

Prema Dubey resigns effective 31 July 2026, seeking settlement of dues, as the broadcaster reports zero revenue and a ₹5.18 cr loss.

What’s new

Company secretary Prema Dubey resigns effective 31 July 2026.
Cites better career opportunities; seeks settlement of pending dues.
Departure follows a chairperson resignation at a company with zero revenue.

Why it matters

For a nano-cap company with zero revenue and a widening loss, losing a key managerial personnel increases the risk of regulatory non-compliance and further management instability. The resignation, though for personal reasons, adds to a pattern of governance flux.

What we’re watching

Appointment of a new company secretary.
Any regulatory filing delays due to compliance officer vacancy.
Further attrition among the remaining KMPs.

The full read

Creative Eye Ltd, already struggling with zero revenue and a ₹5.18 crore net loss for FY26, has lost its company secretary and compliance officer. Prema Dubey resigned effective 31 July 2026, citing better career opportunities and seeking settlement of pending dues. For a ₹13 crore market-cap company, the departure of a KMP is not a fundamental shock—but it adds to a governance narrative that already includes a recent chairperson resignation. The effective date is nearly a year away, which gives time to find a replacement, but the request for pending dues settlement suggests some friction. In a firm with zero revenue, every regulatory filing counts, and losing the compliance officer raises the risk of procedural lapses. The next test: whether a successor is named well before July.

Primary source: BSE · NSE

Creative Eye's FY26 loss hits ₹5.18 cr as revenue collapses to ₹42 lakh

Tipsheet Editorial — Sat, 13 Jun 2026 16:12:45 GMT

Revenue dropped 84% YoY; an exceptional charge of ₹3.38 cr from a Doordarshan settlement wiped out any chance of recovery.

What’s new

Net loss widened to ₹5.18 crore from ₹0.72 crore in FY25.
Revenue collapsed 84% to ₹42.16 lakh; no revenue in first three quarters.
Exceptional charge of ₹3.38 crore from a Doordarshan settlement.

Why it matters

For a company with a market cap of just ₹13 crore, a ₹5.18 crore loss is existential. Revenue has all but dried up, and cash flow is negative. The unmodified audit opinion doesn't change the fact that the underlying business has materially worsened.

What we’re watching

Whether the company can generate any revenue in FY27.
Any further restructuring or capital raise.
If the Doordarshan settlement is the last of such liabilities.

The full read

Creative Eye's FY26 numbers show a business in freefall. Revenue fell to ₹42.16 lakh from ₹260.81 lakh, an 84% drop. The company recorded zero revenue for three quarters. Add a ₹3.38 crore exceptional charge from a Doordarshan settlement, and net loss swelled to ₹5.18 crore, up from ₹0.72 crore a year ago. The market cap is ₹13 crore. This loss is 40% of that. The audit is clean, but the business is hollowed out. The question now is whether there's a business left to recover.

Primary source: BSE · NSE

Creative Eye reports ₹5.18 crore loss as revenue collapses

Tipsheet Editorial — Tue, 26 May 2026 19:25:04 GMT

The company generated no revenue for the first nine months of FY26, ending the year with a sharp decline in operations and a significant settlement charge.

What’s new

Net loss widened to ₹5.18 cr from ₹0.72 cr in the prior year.
Revenue from operations dropped to ₹42.16 lakh from ₹260.81 lakh.
A ₹3.38 cr exceptional charge stems from a settlement with Doordarshan.

Why it matters

The company's business model has effectively stalled, with zero revenue reported across the first three quarters of the fiscal year. The Doordarshan settlement charge accounts for the majority of the annual loss, signaling a difficult period for the firm's core operations.

What we’re watching

Any signs of revenue generation in the current fiscal year.
The impact of the Doordarshan settlement on future cash flows.
Board stability following the reappointment of the Whole Time Director.

The full read

Creative Eye Ltd ended FY26 with a net loss of ₹5.18 crore, a steep decline from the ₹0.72 crore loss recorded in the previous year. The company's top line evaporated, with revenue from operations falling to ₹42.16 lakh from ₹260.81 lakh. A major factor in the annual result was an exceptional charge of ₹3.38 crore tied to a settlement with Doordarshan. The firm's operational inactivity was notable, as it generated no revenue during the first three quarters of the financial year. Alongside these results, the board confirmed the reappointment of Ms. Zuby Kochhar as Whole Time Director and added Mr. Praful Jadavji Shah to the board as an independent director. The scale of the revenue collapse and the reliance on a settlement charge to explain the annual loss point to a business in distress.

Primary source: BSE · NSE