Balaji Telefilms has officially disclosed the resignation of Dhaval Sheth from his dual executive role as Chief Strategy Officer and Deputy Chief Financial Officer. The company made this announcement through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Official Regulatory Disclosure

The company filed the disclosure with both BSE Limited and National Stock Exchange of India Ltd., confirming that Sheth has stepped down from his positions and ceased to be associated with the company. The announcement was made pursuant to SEBI regulations and the circular dated July 13, 2023, regarding changes in senior management personnel.

Executive Departure Specifics

According to the official documentation, Sheth's resignation was attributed to personal reasons. His cessation from both the Chief Strategy Officer and Deputy Chief Financial Officer positions became effective on March 31, 2026. The company has provided all requisite details as mandated by SEBI regulations for senior management personnel changes.

Formal Resignation Process

Sheth submitted his formal resignation letter, expressing gratitude for the trust and opportunities provided during his tenure. In his resignation communication, he acknowledged the privilege of contributing to the organization's journey and working with the leadership team. He committed to ensuring a smooth transition by completing ongoing priorities and supporting the effective handover of responsibilities.

The resignation represents a significant change in the company's senior management structure, given Sheth's dual role in both strategic planning and financial operations. Company Secretary and Compliance Officer Tannu Sharma signed the regulatory disclosure, ensuring compliance with all listing obligations and disclosure requirements.

Balaji Telefilms Limited has successfully completed its postal ballot process for the appointment of a new Independent Director. The company's shareholders have overwhelmingly approved the appointment of Mr. Pankaj Baikunthnath Chaturvedi (DIN: 00142853) as Non-Executive Independent Director through a special resolution, with the resolution deemed passed on March 26, 2026.

Voting Results and Shareholder Participation

The postal ballot process demonstrated exceptional shareholder support, with the resolution receiving approval from 99.9983% of the votes cast. The voting statistics reveal significant participation across different shareholder categories:

E-Voting Process and Timeline

The e-voting process was conducted through KFin Technologies Limited's platform, with the voting period spanning from February 25, 2026, at 09:00 A.M. (IST) to March 26, 2026, at 05:00 P.M. (IST). The company had 30,126 shareholders on the record date of February 20, 2026, who were eligible to participate in the postal ballot process.

Scrutinizer's Report and Compliance

Mr. Vijay Yadav (Membership No. FCS 11990), Partner of AVS & Associates, Company Secretaries, served as the appointed scrutinizer for the postal ballot process. The scrutinizer's report confirmed the fair and transparent conduct of the e-voting process on March 27, 2026.

The postal ballot was conducted in accordance with:

• Section 110 of the Companies Act, 2013
• Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014
• SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• Various MCA and SEBI circulars related to e-voting processes

Regulatory Filings and Disclosure

The voting results and scrutinizer's report have been submitted to BSE Limited and National Stock Exchange of India Ltd. in compliance with Regulation 44(3) and Regulation 30 of SEBI regulations. The documents are also available on the company's website at www.balajitelefilms.com .

The appointment of Mr. Pankaj Baikunthnath Chaturvedi as an Independent Director represents the company's commitment to strengthening its board composition and enhancing corporate governance practices. The overwhelming shareholder approval reflects confidence in the board's decision and the appointee's qualifications for the role.