BSE3B Films LtdHighNegative
Announced Wed, 18 Feb · 12:41 IST

We herewith submit the details of Change in Management.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

3B Films Ltd informed BSE about a change in its Board composition. Mr. Chintan Hemantkumar Joshi, Non-Executive Independent Director (DIN: 10513766), resigned effective February 16, 2026, citing increased professional commitments and workload at his chartered accountancy practice. To fill the vacancy, Mr. Nabil Ansari (DIN: 11546886), a Qualified Company Secretary with experience in corporate compliance and secretarial practices, has been appointed as Non-Executive Independent Director effective February 18, 2026, for a 5-year term ending February 17, 2031. The Managing Director Ashok Babariya remains unchanged. The filing is submitted under SEBI LODR Regulation 30.

Likely market impact

This is a routine independent director rotation with no change in executive management or promoter control, so it is unlikely to materially affect the stock price. Shareholders should note that board continuity is maintained, and the new independent director brings governance and compliance expertise.