D.B.Corp Limited has informed the Exchange about change in Management
DBCORP · price
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D.B.Corp Limited has appointed Mr. Mayar Penkar as Chief Operating Officer - Corporate Sales in its Corporate Sales department, effective June 14, 2025. The appointment was approved by the Board via a circular resolution passed on June 12, 2025, based on the recommendation of the Nomination and Remuneration Committee. Mr. Penkar holds a Bachelor's in Science and a Master's in Marketing Management from Mumbai University, and brings over 29 years of experience in sales, advertising, and content monetization from organizations such as The Indian Express, Mid-Day, Turner International India, and most recently Sony Pictures Network India.
This is a senior management-level hire focused on strengthening the company's corporate sales function. It is an external appointment with relevant media industry experience, which may be viewed positively by investors looking for revenue growth leadership, though it is not a board or key managerial personnel change.