Phantom Digital Effects independent director resigns

Phantom Digital Effects Limited announced that Independent Director Mr. Srinivasan Rajabather resigned from its board effective June 9, 2026, due to personal and professional commitments. The resignation impacts the company's governance structure, as he ceased to be the Chairman of the Nomination & Remuneration Committee and Risk Management Committee, in addition to stepping down from the Audit Committee. The Board acknowledged his contributions during his tenure.

Mr. Srinivasan Rajabather confirmed that there are no material reasons for his departure other than those stated in his resignation letter. He requested the board to file necessary forms, including Form DIR-12, with the Ministry of Corporate Affairs and stock exchanges. The disclosure was made to the National Stock Exchange of India Ltd under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Committee Positions Vacated

Following the resignation, the following committee positions held by Mr. Srinivasan Rajabather have been vacated:

Audit Committee: Member
Nomination & Remuneration Committee: Chairman
Risk Management Committee: Chairman

Director Details

Detail	Information
Name	Mr. Srinivasan Rajabather
DIN	10859866
Category	Non Executive - Independent Director
Date of Cessation	June 9, 2026

Mr. Srinivasan Rajabather also holds directorships in other listed entities, including KMC Aluminium Limited, where he serves as a Non Executive-Independent Director and Chairman of the Audit Committee.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.48%	-3.72%	-13.41%	-30.97%	-34.12%	-45.39%

Phantom Digital Effects Limited disclosed the creation and release of share pledges by its promoters and promoter group for the financial year ended March 31, 2026. The declaration, submitted to the National Stock Exchange of India Ltd., details the specific encumbrances created by the promoters during the period. While most pledges have been released, two instances of pledges created late in the financial year remain outstanding as of the date of the filing.

The disclosure was made by Bejoy Arputharaj S, a promoter of the company, on behalf of the promoter and promoter group. The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The document confirms the accuracy of the details provided regarding the encumbrances.

Pledge Creation and Release Details

The following table outlines the share pledges created by the promoters during the financial year, along with their current status.

Sl.No.	Name of Promoter	Pledge creation Date	No. of equity shares
1	Bejoy Arputharaj S	05.04.2025	25,00,000
2	Bejoy Arputharaj S	29.12.2025	7,44,690
3	Bejoy Arputharaj S	29.01.2026	35,00,000
4	Binu Joshua Sam Manohar	05.04.2025	4,43,100
5	Synthia Moses D	04.04.2025	8,36,400

Outstanding Pledges

All pledges created on the dates listed above have been released, with the exception of those created on December 29, 2025, and January 29, 2026. The outstanding pledges involve Bejoy Arputharaj S and total 42,44,690 equity shares. These encumbrances continue to remain outstanding as of the date of the declaration.

Promoter and Promoter Group

The disclosure identifies the members of the promoter and promoter group involved in these transactions. The group includes Bejoy Arputharaj S as the promoter, and Synthia Moses D and Binu Joshua Sam Manohar as members of the promoter group.