Balaji Telefilms Limited has successfully completed its postal ballot process for the appointment of Mr. Pankaj Baikunthnath Chaturvedi as Non-Executive Independent Director. The special resolution was passed on March 26, 2026, through remote e-voting with overwhelming shareholder approval.

Board Approval and Regulatory Process

The Board of Directors approved Mr. Chaturvedi's appointment through a circular resolution on December 30, 2025, based on recommendations from the Nomination and Remuneration Committee. The appointment was made as Additional Director (Non-Executive-Independent) for a five-year term, subject to shareholder approval through special resolution.

The postal ballot process was conducted in compliance with Section 110 of the Companies Act, 2013, and Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014. The process also adhered to various MCA circulars and SEBI regulations, including Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Implementation

The company appointed Mr. Vijay Yadav (Membership No. FCS 11990), Partner of AVS & Associates, Company Secretaries, as the Scrutinizer for conducting the postal ballot through e-voting process. KFin Technologies Limited served as the Registrar and Transfer Agent, providing e-voting facility to members.

Voting Results and Approval

The postal ballot results demonstrated strong shareholder confidence in the appointment decision. The voting was conducted through remote e-voting process with comprehensive participation from eligible shareholders.

Director Appointment Terms

Mr. Pankaj Baikunthnath Chaturvedi (DIN: 00142853) has been appointed as Non-Executive Independent Director for a period of five consecutive years from December 30, 2025, till December 29, 2030. He will not be liable to retire by rotation and meets the criteria for independence under Section 149(6) of the Companies Act and Regulation 16(1)(b) of the SEBI Listing Regulations.

The appointed director will be entitled to receive remuneration through meeting attendance fees, expense reimbursements for Board and committee meetings, and profit-related commission within statutory limits as approved by the Board.

Corporate Governance Compliance

The appointment process followed comprehensive regulatory requirements, with the company ensuring full compliance with applicable laws and regulations. The resolution was deemed passed on March 26, 2026, being the last date for e-voting, and the results were declared on March 27, 2026.

The overwhelming approval rate of 99.99% reflects strong shareholder confidence in the board's decision and the appointee's qualifications for the independent director role.

Balaji Telefilms Limited has announced remarkable box office success for its latest release Bhooth Bangla, which collected ₹21.60 crore on its opening day in India. The horror-comedy film has exceeded industry expectations and delivered a phenomenal start at the domestic box office.

Outstanding Opening Day Performance

The film's impressive debut performance demonstrates strong audience appeal and market reception. Bhooth Bangla's opening day collection has notably surpassed Akshay Kumar's previous film releases, marking a significant achievement for the production house.

Film Details and Cast

Bhooth Bangla features an ensemble cast led by Akshay Kumar, with supporting performances from Wamiqa Gabbi, Paresh Rawal, Tabu, and Rajpal Yadav. The film combines horror and comedy elements, positioning itself as a family entertainer designed to appeal to diverse audience segments.

The project represents a collaboration between Balaji Motion Pictures, a division of Balaji Telefilms Ltd, and Cape of Good Films. Veteran director Priyadarshan helms the project, while production duties are shared among Akshay Kumar, Shobha Kapoor, and Ektaa R Kapoor.

Market Reception and Audience Response

The film's strong opening performance reflects positive audience reception and favorable word-of-mouth publicity. The company noted that the horror-comedy has generated significant buzz since its announcement, with the trailer providing audiences a preview of the film's entertainment value.

Regulatory Disclosure

Balaji Telefilms Limited disclosed this information through a press release dated April 18, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made to both BSE Limited and National Stock Exchange of India Ltd, with the company's stock trading under codes 532382 and BALAJITELE respectively.