BSEEsha Media Research LtdMediumNegative
Announced Wed, 22 Apr · 19:36 IST

As per Letter Attached.

Kmp ResignedDirector Flagged GovernanceManagement Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Esha Media Research Ltd has announced the resignation of two directors effective April 22, 2026. Mr. Chetan Rameshchandra Tendulkar, who was an Independent Director (DIN: 02786970), and Ms. Shilpa Vinod Pawar, who was a Whole Time Director (DIN: 01196385), have both tendered their resignations citing personal and professional reasons. Both directors have confirmed there are no other material reasons for their resignation. The company stated this intimation is pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation letters from both directors are attached to the filing.

Likely market impact

The simultaneous resignation of two directors, including an Independent Director, could raise governance concerns for investors as it reduces board strength and independence. The stated personal and professional reasons appear non-adverse, but the dual departure warrants monitoring.