Cinevista Limited 's Board of Directors concluded a significant meeting on March 31, 2026, approving key leadership re-appointments and auditor changes that will shape the company's governance structure for the coming years. The board meeting, held at the company's registered office from 2:00 PM to 4:15 PM, addressed critical corporate governance matters requiring shareholder approval.

Key Leadership Re-appointments

The board approved the re-appointment of two senior executives to continue leading the organization. Both appointments reflect the company's confidence in its existing leadership team and ensure continuity in strategic direction.

Both re-appointments were recommended by the Nomination & Remuneration Committee and are subject to approval by shareholders at the forthcoming 29th Annual General Meeting. The identical remuneration structure of ₹63 lakh per annum for both positions demonstrates the company's balanced approach to executive compensation.

Statutory Auditor Transition

The board also addressed the company's auditing requirements, proposing a change in statutory auditors following the completion of the current auditor's tenure. This transition represents a standard corporate governance practice as companies rotate their audit firms.

The appointment of M/s Sarath & Associates, a peer-reviewed Chartered Accountants firm, was recommended by the Audit Committee and requires shareholder approval at the upcoming Annual General Meeting. The outgoing firm, M/s Raj Niranjan Associates, will complete their five-year tenure at the 29th AGM.

Regulatory Compliance and Next Steps

All decisions made during the board meeting align with the requirements under Regulation 33 of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015. The company has duly informed both the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited about these developments.

The upcoming 29th Annual General Meeting will serve as the platform for shareholders to approve these significant appointments and changes. The meeting will provide shareholders with the opportunity to evaluate and vote on the proposed leadership continuity and auditor transition, ensuring transparent corporate governance practices.

Cinevista Limited has announced a board meeting scheduled for March 31, 2026 at 2:00 p.m. at the company's registered office to address several key corporate governance matters. The meeting will focus on director re-appointments and auditor selection, marking important transitions in the company's leadership structure.

Key Agenda Items

The board meeting will consider four primary matters of significant corporate importance:

Director Re-appointments

The board will deliberate on extending the tenure of two key executives. Shri. Prem Krishen Malhotra's re-appointment as Whole-Time Director and Shri. Sunil Mehta's continuation as Managing Director will both be effective from April 1, 2026 for a period of three years. The remuneration for both positions will be reviewed and recommended by the Nomination & Remuneration Committee, though final approval remains subject to shareholder consent at the forthcoming General Meeting.

Auditor Transition

A significant change in the company's audit structure is also on the agenda. The board will consider appointing a new auditor to replace M/s. Raj Niranjan Associates (FRN: 108309W), the current auditors whose term expires on March 31, 2026. The outgoing auditors will retire at the conclusion of the forthcoming Annual General Meeting, necessitating this transition.

Corporate Compliance and Communication

The meeting intimation was formally communicated to both BSE Limited and The National Stock Exchange of India Ltd on March 23, 2026, ensuring compliance with regulatory requirements. Company Secretary Kilpa Goradia signed the official communication, maintaining transparency with stock exchanges and stakeholders about the upcoming corporate decisions. The company operates from its registered office at Silver Croft, Off T.P.S. III, Corner of 16th and 33rd Road, Bandra West, Mumbai.