Balaji Telefilms Limited has informed the Exchange regarding Change in Director(s) of the company.
BALAJITELE · price
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Awaiting price reaction for this filing.
At a board meeting on July 3, 2025, Balaji Telefilms approved the re-appointment of Ernst & Young LLP as Internal Auditors for FY 2025-26 and Chhawchharia & Associates as Tax Auditors for FY 2025-26. It also appointed AVS & Associates as Secretarial Auditors for a five-year term from April 1, 2025 to March 31, 2030. Additionally, Dr. Archana Hingorani was re-appointed as a Non-Executive Independent Director for a second term of five years effective August 28, 2025, subject to shareholder approval. The company also disclosed that it paid a penalty to both stock exchanges for delay in publishing financial results for Q4 and FY ended March 31, 2025, attributing the delay to a Scheme of Arrangement.
The re-appointments of auditors and the independent director signal continuity and stability, with no senior management or board exits. However, the penalty paid for delayed financial results is a minor governance red flag, though the company has since made good the default and settled the fine in full.