Disclosure under Regulation 30 of SEBI ( Listing Obligations and Disclousere Requirements) Regulations, 2015
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Filmcity Media Ltd has informed the stock exchanges about two key board-level changes effective March 12-13, 2026. Mr. Prabhat Modi (DIN: 08193181) has been appointed as an Additional Director in the Non-Executive Non-Independent category for a 5-year term, subject to shareholder approval. Ms. Kirti Vishnu Tiwari (DIN: 09686224), who already serves as Executive Director and CEO, has been additionally appointed as the Chief Financial Officer (CFO) of the company with effect from March 12, 2026. She will now hold the combined designation of Executive Director, CEO and CFO, making her a Key Managerial Personnel. Both appointees have confirmed they are not debarred by SEBI from holding such office and are not related to any existing director on the board.
Shareholders should note a consolidation of top management roles under Ms. Tiwari, who will now oversee operations, strategy, and finance together, which could speed up decision-making but also concentrates significant power in one individual. The induction of Mr. Modi brings fresh finance and capital markets experience to the board, which may be viewed positively if the company seeks growth or restructuring.