StockWatch
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Film Production- Distribution & Exhibition
Board Meeting14 Jul 2026, 07:40 pm

Net Pix Shorts: Board Approves Director Appointments & Share Transfer

AI Summary

Net Pix Shorts Digital Media Ltd announced outcomes of its board meeting held on July 14, 2026. The board approved the appointment of Mr. Ritesh Tiwari as Executive Director (Chairman & Managing Director) and Ms. Alka Tiwari as Executive Director (Whole Time Director), subject to shareholder approval. The resignation of Ms. Nazish Furniturewala as Executive Director & CFO was accepted. The board also noted the transfer of 23,00,000 equity shares (71.87% stake) from Mr. Danish Zakaria Aghadi to Mr. Ritesh Tiwari and Ms. Alka Tiwari. Consequently, Mr. Tiwari and Ms. Tiwari will be classified as Promoters, while Mr. Aghadi will be reclassified into the public category, pending regulatory approvals.

Key Highlights

  • New Chairman & MD and Whole Time Director appointed.
  • Resignation of CFO accepted by the board.
  • Significant share transfer of 71.87% stake noted.
  • Promoter status change for key individuals approved.
  • Appointments are subject to shareholder approval.