Picturepost Studios Limited has appointed Ms. Urvashi Dilip Maharshi as an Additional Director in the category of Non-Executive Independent Woman Director, effective June 02, 2026. The appointment, approved by the Board at its meeting on June 02, 2026, is subject to shareholder approval and aims to strengthen the company's governance framework. Ms. Maharshi is a seasoned Chartered Accountant and Law graduate with over 18 years of professional experience in financial management, regulatory compliance, and strategic planning.

The Board of Directors approved the appointment pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 4 P.M. and concluded at 5 P.M. on June 02, 2026. Ms. Maharshi is not liable to retire by rotation and has confirmed that she meets the criteria of independence under Section 149(6) of the Companies Act, 2013 and Regulation 16(1)(b) of the SEBI LODR Regulations.

Ms. Urvashi Dilip Maharshi is a member of the Institute of Chartered Accountants of India (ICAI) and a Committee Member of WIRC-ICAI. She is the Founder of UMC0 and specializes in Risk Advisory and Audit & Assurance, with extensive exposure to IFRS and Ind AS implementation. Her expertise includes financial reporting, risk management, and strategic tax advisory, having led engagements for large multinational corporations.

The appointment details were disclosed in compliance with SEBI Circulars bearing reference no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 and SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Ms. Maharshi is not related to any Director of the Company and does not hold any shares in Picturepost Studios Limited. She is not debarred from holding the office of Director by any order of SEBI or other authorities.

Appointment Details

picturepost studios has rescheduled the consideration of its audited standalone financial results for the half-year and year ended March 31, 2026, due to pending audit finalization. The Board of Directors, which met on May 28, 2026, could not approve the results as the audit process was not completed within the scheduled timeline. Consequently, the company will announce a revised date for the board meeting in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

During the meeting, the Board approved the appointment of key officers to ensure regulatory compliance. Mr. Nayan Tater was appointed as the Internal Auditor for the financial year 2026-27, effective May 28, 2026. The company stated that this appointment was made to comply with the Companies Act, 2013 and SEBI regulations.

Additionally, the Board appointed Ms. Priyanka Mohta as the Company Secretary & Compliance Officer. She is a member of the Institute of Company Secretaries of India with membership number A38985. The appointments were disclosed to the National Stock Exchange of India Limited under Regulation 30 of the SEBI Listing Regulations.

Appointments Details

The Board meeting commenced at 04:30 P.M. and concluded at 6:30 P.M. The information regarding the appointments and the rescheduling of financial results has been hosted on the company's website.