NETWORK18NSENetwork18 Media & Investments Limited· FinanceMediumNeutral
Announced Thu, 3 Jul · 19:34 IST

Network18 Media & Investments Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

NETWORK18 · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

At its 30th Annual General Meeting on July 3, 2025, shareholders of Network18 Media & Investments approved the re-appointment of Ms. Renuka Ramnath as an Independent Director for a second term of 3 years, from July 4, 2025 to July 3, 2028. Her first term was 1 year starting July 4, 2024. Shareholders also approved the appointment of M/s. Chandrasekaran Associates, Company Secretaries (CACS) as the new Secretarial Auditor for 5 consecutive financial years, from FY2025-26 to FY2029-30. CACS has over 36 years of experience and holds a valid ICSI peer review certificate. There is no change to the statutory auditor; this filing relates to a secretarial auditor appointment, which is routine and compliance-driven.

Likely market impact

Routine governance action with no material financial impact. Continuation of an experienced independent director supports board stability, and the long-tenure secretarial auditor appointment ensures continuity in compliance oversight for the next five years.