Resignation of Chief Financial Officer of the Company
RADIOCITY · price
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Music Broadcast Limited (Radio City) has informed the stock exchanges that its Chief Financial Officer, Mr. Prashant Domadia, has resigned from the position effective from the close of business hours on August 15, 2025. The resignation was tendered via letter dated July 25, 2025, and the reason cited is to pursue other professional opportunities. Mr. Domadia has confirmed there are no other material reasons for his departure beyond what has been stated. The announcement has been made under SEBI Listing Regulations, and the company has filed the required disclosures along with a copy of the resignation letter.
This is a key managerial personnel change at a time when the company is between leadership transitions. Shareholders should watch for the appointment of a new CFO, as prolonged vacancies in finance leadership can affect financial reporting timelines and investor confidence.