Cinevista Writes Off ₹2.39 Crore Subsidiary And Associate Loans

Board approved write-off of loans/advances to subsidiary Chimera Entertainment for 1.65 Cr and associate Heritage Productions for 0.74 Cr, total 2.39 Cr. First write-off after years of audit qualifications on unprovided subsidiary advances the firm long defended; hits standalone only, nil consolidated impact, and sits just below material RPT approval threshold. Clears two decade-dormant, negative-net-worth entities; points to tighter provisioning as auditor changes, but larger impairment overhang and timing of P&L charge undisclosed.