Hindustan Media Ventures Limited has informed the Exchange regarding Resignation of Shri Manhar Kapoor as Non- Executive Director of the company w.e.f. close of business hours on February 28, 2026.
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Shri Manhar Kapoor (DIN: 06553730) has resigned as Non-Executive Non-Independent Director of Hindustan Media Ventures Limited, effective from the close of business hours on February 28, 2026. The reason cited is 'other professional commitments within the Group,' suggesting he is taking on a different role elsewhere in the same corporate group. The company has disclosed this under SEBI Listing Regulations and uploaded the resignation letter on its website. No other details about replacement or board reconstitution were provided in the filing.
This appears to be a routine internal group reshuffle rather than a disruptive exit. Shareholders should not read this as a negative signal for the stock, as the director is moving within the group and was not a key managerial personnel.