About Mukta Arts Limited

Mukta Arts Limited is an Indian film and media company incorporated on September 7, 1982 as a private company and converted into a public limited company in 2000. It is promoted by filmmaker Mr. Subhash Ghai, who held 55.34% of the outstanding equity share capital as on March 31, 2025. The company’s core activities span film production, distribution and exhibition—where it provides film content to multiplexes and single screens across India—and it also offers production facilities/equipment to other producers.

At the group level, operations cover five areas: film/TV content production and distribution (“Software” division), equipment hire, education and training, theatrical exhibition, and rental income categorised as “Others”. The group caters mainly to the domestic market and treats India as a single reportable geographic segment, while also having an international footprint via a subsidiary in Bahrain (Mukta A2 Multiplex WLL). The theatre business is operated through the subsidiary Mukta A2 Cinemas Private Limited, under which new and upgraded sites were added in the latest year.

As of the latest reporting period, Mukta Arts had 7 subsidiaries within the consolidated group (including a step-down subsidiary). The company is headquartered at Mukta House, Filmcity Complex, Goregaon (East), Mumbai, and maintains additional premises and locations supporting its production and theatre-linked activities across India. Key milestones in the latest year included the opening of a new Mukta A2 Cinemas site in Kalyan, Maharashtra, and the renovation of the Vizag, Andhra Pradesh property, alongside the music launch of the Marathi film “Amaira”.

Key Milestones of Mukta Arts Limited

• Opening of a new Mukta A2 Cinemas site in Kalyan, Maharashtra.
• Renovation of Vizag, Andhra Pradesh cinema.
• Music launch of Marathi film “Amaira”.
• Expansion of theatre business through subsidiary Mukta A2 Cinemas Private Limited.

Mukta Arts Limited Business Segments

The group operates in film/TV content production and distribution, equipment hire, education and training, theatrical exhibition, and rental income business segments. Primarily serving the domestic Indian market, the group reports India as a single geographic segment, with an international subsidiary in Bahrain indicating global presence.

Focused on film production, distribution, and exhibition, Mukta Arts also provides production facilities and equipment to other producers. It maintains educational and training arms and operates theatre exhibition through its subsidiaries.

Mukta Arts Limited Key Management

• Subhash Ghai – Chairman, Executive Director
• Rahul Puri – Managing Director
• Jabir Contractor – Chief Financial Officer (from February 12, 2025)
• Pratiksha Panchal – Company Secretary & Compliance Officer (from June 3, 2025)
• Parvez Farooqui – Non-Executive Director
• Kapil Bagla – Independent Director
• Paulomi Dhawan – Independent Director
• Chandrashekhar Rentala – Independent Director (from October 22, 2024)
• Madhumati Lele – Independent Director (from May 28, 2025)

Latest Updates on Mukta Arts Limited

• Expansion and upgrades with new cinema site in Kalyan and renovation of Vizag property.
• Strategic transaction approvals via postal ballot for subsidiary investment divestment and director appointment.
• Education vertical’s activities include graduations and masterclasses at Whistling Woods International.
• Ongoing governance, compliance, and transparent investor communication including publishing results and reports.