Filmcity media Limited has announced significant changes in the composition of its Board Committees, effective March 13, 2026. The company's Board of Directors approved the reconstitution during their meeting held on Friday, March 13, 2026, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Committee Leadership Restructuring

The restructuring establishes a unified leadership approach across all three key committees, with Ms. Priyanka Singh, a Non-Executive Independent Director, appointed as Chairperson of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. This consolidation of leadership under independent directorship strengthens the company's governance framework.

Revised Committee Compositions

The reconstituted committees maintain a balanced mix of independent and executive directors to ensure effective oversight and decision-making.

Audit Committee

Nomination and Remuneration Committee

Stakeholders Relationship Committee

Governance and Compliance

The committee restructuring reflects the company's adherence to regulatory requirements and corporate governance best practices. The announcement was formally communicated to BSE Limited and made available on the company's official website at filmcitym.com. Company Secretary and Compliance Officer Raksha Kumari signed the intimation, ensuring proper documentation and regulatory compliance.

Strategic Implications

The new committee structure positions independent directors in key oversight roles while maintaining executive representation to balance governance with operational expertise. Ms. Kirti Vishnu Tiwari's dual role as Executive Director, CEO & CFO provides crucial executive insight to both the Audit Committee and Nomination and Remuneration Committee, while Mr. Surendra Ramkishore Gupta's participation as Managing Director in the Stakeholders Relationship Committee ensures direct management involvement in stakeholder matters.

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.