Shalimar Productions Limited has accepted the resignation of Khushbu Bharakatya from the position of Company Secretary and Compliance Officer. The resignation is effective from the close of business hours on July 20, 2026. Bharakatya cited a desire to pursue opportunities outside the company as the reason for her departure.

The disclosure was made under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015. In her resignation letter, Bharakatya confirmed there were no material reasons for her departure other than those stated and expressed gratitude to the board for the opportunity.

The company has been requested to file the necessary forms with the Registrar of Companies to record the change in key managerial personnel. Bharakatya was serving as a Key Managerial Personnel at the time of her resignation.

Details of Cessation

Shalimar Productions Ltd has entered into an arrangement with independent co-producers for the production and commercial exploitation of a Punjabi language feature film. The film stars Prince Kawaljeet Singh along with other artists. This strategic move aims to leverage co-production models for content creation.

The arrangement has been entered into in the ordinary course of the company's business activities. The parties involved have agreed to maintain strict confidentiality regarding the commercial terms and other proprietary information relating to the project. This ensures that sensitive financial and operational details remain protected.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed BSE Limited regarding this development to keep its stakeholders and members updated on significant business activities.