With reference to the captioned subject we hereby inform you that Board of Directors of the company in its meeting held on Wednesday 28th May 2025 has Approved the appointment of Mr. Harshit ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 9.4 pts less than Nifty Microcap 250 and 9.0 pts less than its TV Broadcasting & Software Production peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Sea TV Network has appointed Mr. Harshit Jain, a qualified Chartered Accountant with experience in finance, management accounting, and audit, as its new Chief Financial Officer and Key Managerial Personnel with immediate effect from May 28, 2025. The appointment was approved by the Board of Directors at a meeting held the same day, following recommendation from the Nomination and Remuneration Committee and approval from the Audit Committee. His term will continue until his resignation or attainment of retirement age as per the company's HR policy. The filing was made under SEBI LODR Regulation 30 to comply with Section 203 of the Companies Act, 2013.
This appointment fills a critical finance leadership role and ensures compliance with the statutory requirement of having a CFO on board. For shareholders, it signals stable governance and continuity in the finance function, though such routine KMP appointments generally have a limited direct impact on the stock price.