Management Change12 Aug 2026, 04:26 pm
Filmcity Media Appoints Two Independent Directors, Two Resign
AI Summary
Filmcity Media Limited announced a significant change in its board composition. The company has appointed Ms. Shivi Jindal and Ms. Iti Goel as Non-Executive Independent Directors for a term of five years, commencing August 12, 2026, 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 their contributions. The appointments and resignations are in compliance with SEBI Listing Regulations.
Key Highlights
- Two new independent directors appointed for a five-year term.
- Two independent directors have resigned from their positions.
- The changes are effective mid-August 2026.
- Shareholder approval is required for new appointments.
Price Impact
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