Re-constitution of various Board Committees
RADIOCITY · price
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Music Broadcast Limited's Board of Directors met on April 27, 2026, and approved the re-constitution of three key committees: Audit Committee, Nomination and Remuneration Committee, and Corporate Social Responsibility (CSR) Committee. Two new independent non-executive directors, Ms. Anita Nayyar and Ms. Divya Karani, were inducted into the committees. Mr. Madhukar Kamath was also added to the CSR Committee. All three committees are now chaired or led by Independent Non-Executive Directors, with a mix of independent and non-executive directors as members.
This is a routine governance update showing the addition of experienced independent directors to board committees, which generally strengthens oversight mechanisms. No impact on stock price expected as no resignations or governance concerns were disclosed.