Resignation of Mr. Sagar S. Sadhwani (DIN: 03559502) from the position of Non-Executive Non-Independent Director of the Company w.e.f 12th December 2025
Awaiting price reaction for this filing.
Eros International Media announced board changes effective December 12, 2025. Mr. Sagar S. Sadhwani resigned as Non-Executive Non-Independent Director citing personal reasons and other commitments; he held directorship only in Eros International Media. The company appointed two new Additional Directors: Mr. Anand Shankar Kamtam (57, commerce graduate with 20+ years in accounts/finance and media, with Eros Group since May 2002 as former Group Financial Controller-India) and Mr. Vijay Gulab Chand (58, postgraduate in commerce, Director of Eros Worldwide FZE since 2018 with 31 years' experience, handling overseas operations and compliance). Both appointments require shareholder approval at the next Annual General Meeting.
Board reshuffle with no governance red flags — Sadhwani's exit is for personal reasons and both incoming directors are long-standing group insiders, suggesting internal succession rather than strategic overhaul. Shareholders will need to approve the new appointments at the upcoming AGM.