
Board Meeting31 March 2026 at 11:21 am
Cinevista Ltd. Reappoints Prem Krishen Malhotra and Sunil Mehta as Whole-Time Director and Managing Director Respectively
AI Summary
Cinevista Ltd. announced the reappointment of Shri Prem Krishen Malhotra as the Whole-Time Director and Shri Sunil Mehta as the Managing Director in its board meeting held on 31st March, 2026. Both appointments are for a period of 3 years, subject to the approval of the shareholders at the forthcoming 29th Annual General Meeting. The remuneration for both positions is ₹63,00,000 per annum, as recommended by the Nomination & Remuneration Committee. The company has also proposed to appoint M/s Sarath & Associates as the new Statutory Auditors from the financial year commencing from 1st April, 2026 for a term of 5 consecutive AGMs.
Key Highlights
- Prem Krishen Malhotra re-appointed as Whole-Time Director for 3 years
- Sunil Mehta re-appointed as Managing Director for 3 years
- Remuneration for both positions set at ₹63,00,000 per annum
- M/s Sarath & Associates proposed as new Statutory Auditors
- Appointments subject to shareholders' approval at the 29th Annual General Meeting
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