Filmcity Media Limited has formally regularised the appointment of Mr. Prabhat Modi as Non-Executive Non-Independent Director following the successful completion of its postal ballot process. The company announced the regularisation on April 17, 2026, one day after declaring the voting results that saw shareholders approve three key resolutions with overwhelming support.

Director Regularisation Details

Mr. Prabhat Modi, who was initially appointed as an Additional Director by the Board of Directors on March 13, 2026, has now been regularised as a Non-Executive Non-Independent Director for a term of 5 years. His appointment is subject to retirement by rotation as per company regulations.

Professional Background and Qualifications

Mr. Modi brings substantial expertise in finance and capital markets to the board. He holds a B.Sc in Accounting & Finance from the University of Essex, United Kingdom, and a PGDM (SM) from the National Institute of Securities Market (NISM). His professional experience includes internships at SBI Mutual's Investment Department and BSE India Limited's Regulatory department, along with a role as Private Market Research Associate at Morningstar India Private Limited.

Postal Ballot Results Overview

The postal ballot process, conducted from March 17 to April 15, 2026, saw shareholders approve three critical resolutions. The director appointment resolution received 99.98% approval, with 54,44,745 votes in favour out of 54,46,000 votes polled.

Regulatory Compliance and Disclosures

The company has confirmed full compliance with SEBI regulations, including the June 20, 2018 circular requirements. Mr. Modi is not debarred from holding directorship by SEBI or any other regulatory authority. The disclosure was made pursuant to Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The regularisation process involved 14,703 shareholders on record, with the company maintaining transparency through proper documentation and scrutinizer oversight by A.K. Choudhary & Associates. The company noted that Mr. Modi is not related to any existing board member, ensuring independence in governance structure.

Filmcity Media Limited has fulfilled its quarterly regulatory obligations by submitting a compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made to BSE Limited on April 06, 2026, demonstrating the company's commitment to regulatory compliance.

Regulatory Compliance Details

The certificate was submitted in accordance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Raksha Kumari, holding membership number A46084, digitally signed and submitted the document to BSE Limited's Department of Corporate Service.

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Pvt. Ltd., serves as the company's Registrar and Share Transfer Agent. The firm issued the compliance certificate confirming that securities received from depository participants for dematerialization during Q4FY26 were properly processed according to regulatory requirements.

The registrar confirmed that all securities received for dematerialization were appropriately accepted or rejected, and security certificates were mutilated and cancelled after due verification by depository participants. The names of depositories were substituted in the register of members as registered owners within prescribed timelines.

Corporate Governance Framework

This quarterly submission reflects Filmcity Media's adherence to corporate governance standards and regulatory framework. The certificate ensures transparency in securities handling and maintains investor confidence through proper documentation of dematerialization processes.

The submission reinforces the company's commitment to maintaining proper records and ensuring compliance with SEBI regulations governing depositories and participants in the securities market.