Filmcity media Limited has announced key leadership appointments through an official disclosure to BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's Board of Directors has approved the appointment of two senior executives to critical positions, with appointments taking effect in March 2026.

Board Appointments and Regulatory Compliance

The Board of Directors, based on recommendations from the Nomination and Remuneration Committee, unanimously approved the appointment of Mr. Prabhat Modi as Additional Director. Ms. Tiwari's CFO appointment received additional endorsement from the Audit Committee, ensuring comprehensive governance oversight.

Chief Financial Officer Appointment

Ms. Kirti Vishnu Tiwari has been appointed as Chief Financial Officer effective March 12, 2026, expanding her role within the organization. She will continue her existing responsibilities as Executive Director and CEO, now serving in the combined capacity of Executive Director, CEO, and Chief Financial Officer as Key Managerial Personnel under Section 203 of the Companies Act, 2013.

Professional Background and Qualifications

Mr. Prabhat Modi brings substantial financial market expertise to his directorial role. His qualifications include B.Sc (Accounting & Finance) from University of Essex, United Kingdom, and PGDM (SM) from National Institute of Securities Market (NISM). He has previously worked as an intern in the Investment Department of SBI Mutual and the Regulatory department of BSE India Limited. He also served as a Private Market Research Associate at Morningstar India Private Limited, providing valuable experience in corporate finance, capital market operations, and financial restructuring.

Ms. Kirti Vishnu Tiwari possesses extensive experience in finance and marketing across multiple industries. She completed her B.A. from Lucknow University and has worked with hospitality sector including Hotel Holiday Inn, Hotel Leela Kempenski, and Hotel Sea Rock. She has also gained experience with Pawan Hans Helicopter and CBRE South Asia Pvt. Ltd.

Regulatory Compliance and Independence

Both appointees meet all regulatory requirements under SEBI regulations and the Companies Act, 2013. Neither Mr. Modi nor Ms. Tiwari are related to any existing directors on the company's board, ensuring independence in their respective roles. Both executives are confirmed as not being debarred from holding directorial positions by SEBI or any other regulatory authority. The appointments align with compliance obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Filmcity media Limited has announced the resignation of Mr. Mohit Jain from his position as Executive Director cum Chief Financial Officer, effective March 11, 2026. The company informed BSE Limited about this key management change through a formal communication dated March 11, 2026, in compliance with regulatory requirements.

Resignation Details

Mr. Mohit Jain, holding Director Identification Number (DIN) 09684465, has tendered his resignation from the services of the company to pursue another career opportunity. His resignation will be effective from the close of business hours of March 11, 2026, when he will cease to hold the positions of Director cum Chief Financial Officer and Key Managerial Personnel.

Official Documentation and Compliance

The resignation has been communicated pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive details as required under the regulations, including formal intimation letter to BSE Limited with detailed disclosure requirements as per Schedule III and compliance with SEBI Master Circular dated November 11, 2024.

In his resignation letter dated March 11, 2026, Mr. Jain confirmed that there are no other material reasons for his resignation beyond pursuing new career opportunities due to personal reasons. He expressed sincere gratitude to the Board of Directors and management for their continuous support and cooperation during his tenure.

Key Management Impact

With Mr. Jain's departure, he will also cease to be the Key Managerial Personnel authorized for determining materiality of events or information and making disclosures to stock exchanges under Regulation 30 of the Listing Regulations. This change in key management personnel represents a significant transition for the company's financial leadership structure.

Company Information

Filmcity Media Limited, with CIN L99999MH1994PLC077927, has its registered office at A/511, Royal Sands CHS Ltd., Shastri Nagar, Andheri West, Mumbai - 400053. The company secretary and compliance officer, Ms. Raksha Kumari, has signed the official communication to the stock exchange regarding this management change. The intimation has also been uploaded on the company's official website at filmcitym.com for public access.