SILLY MONKS ENTERTAINMENT LIMITED has informed the Exchange about Resignation of Independent director.

Multiple Ind Directors ResignedManagement Changes View source PDF

SILLYMONKS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-3.8%1-day move

₹15.70

prior close

₹16.21

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After-mkt

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AI summary

Two independent directors — Ratnakarrao Chepur (DIN: 08744674) and Rammohan Paruvu (DIN: 01284563) — have resigned from the board of Silly Monks Entertainment Limited with immediate effect from March 30, 2026. Both cited the successful completion of a takeover and change in management under SEBI Takeover Regulations as the reason. They confirmed there are no other material reasons for their exit. The company has been informed to file the necessary forms with the Registrar of Companies.

Likely market impact

This signals that a change of control/takeover of Silly Monks Entertainment has been completed. New management is likely reshaping the board, which is a standard post-takeover step. Shareholders should expect further board changes as new promoters install their own team; watch for related-party transactions and strategic direction updates in upcoming filings.