RADIOCITYNSEMusic Broadcast LimitedMediumNeutral
Announced Thu, 24 Jul · 17:44 IST

Music Broadcast Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

RADIOCITY · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Music Broadcast Limited (Radio City) has appointed Ms. Divya Rupchand Karani (DIN: 01829747) as an Additional Non-Executive Independent Director for a term of 5 years effective July 24, 2025. The appointment was approved by the Ministry of Information and Broadcasting on July 8, 2025, and is subject to shareholder approval at the upcoming AGM. Ms. Karani is a veteran media executive, formerly CEO of Dentsu South Asia Media for 12 years, and currently serves on the boards of ZEE Entertainment Enterprises and Jagran Prakashan. She holds no shares in the company and is not debarred by SEBI from holding a director position.

Likely market impact

This is a routine independent director appointment that brings experienced media and advertising industry expertise to the board. It is unlikely to have a material impact on the stock price, but strengthens board diversity and industry knowledge.