Management Change12 Aug 2026, 04:16 pm
Filmcity Media Appoints Two Independent Directors, Accepts Two Resignations
AI Summary
Filmcity Media Limited announced board changes, appointing Ms. Shivi Jindal and Ms. Iti Goel as Non-Executive Independent Directors for a five-year term, subject to shareholder approval. Concurrently, the board accepted the resignations of Ms. Priyanka Singh and Mr. Nitesh Singh, both Non-Executive Independent Directors, effective August 14, 2026. The company expressed gratitude for the contributions of the departing directors. The appointments are based on recommendations from the Nomination and Remuneration Committee and comply with SEBI Listing Regulations.
Key Highlights
- Two new independent directors appointed for a five-year term.
- Two existing independent directors have resigned.
- Appointments and resignations are effective August 12 and August 14, 2026, respectively.
- Shareholder approval is required for the new appointments.
- Company acknowledges contributions of outgoing directors.
Price Impact
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