DB Corp Limited held its board meeting on January 15, 2026, approving quarterly financial results and announcing significant corporate developments including dividend declaration and senior management changes.

Financial Results and Dividend Declaration

The board approved unaudited financial results for both standalone and consolidated operations for the quarter and nine months ended December 31, 2025. Along with the results, the company declared a second interim dividend for the financial year 2025-26.

Shareholders holding equity shares as of the record date will be eligible for the dividend payment, which represents the second interim distribution for the current financial year.

Senior Management Changes

The company announced significant changes in its technology leadership team during the board meeting. Chief Information Officer Amit Prakashrao Waghmare submitted his resignation from the Technology department, with his last working day scheduled for January 31, 2026.

Simultaneously, the board approved the appointment of Rakesh Khetan as the new Chief Information Officer in the Technology department, effective January 15, 2026. The appointment was made based on recommendations from the Nomination and Remuneration Committee, placing Khetan in the Senior Management cadre.

Corporate Governance and Compliance

The board meeting commenced at 11:30 AM IST and concluded at 1:00 PM IST on January 15, 2026. All decisions were made in compliance with SEBI Listing Regulations, including Regulations 30, 33, and 42.

The company submitted comprehensive documentation to both BSE Limited and National Stock Exchange of India Limited, including:

• Unaudited financial results for standalone and consolidated operations
• Limited review reports on the financial results
• Press release detailing the announcements
• Detailed disclosure documents for senior management changes

About DB Corp Limited

DB Corp Limited operates as India's largest newspaper group, with presence across 14 states and publications in 4 languages. The company's portfolio includes major brands such as Dainik Bhaskar, MY FM radio stations, and various regional publications. The company maintains its registered office in Ahmedabad, Gujarat, with corporate office in Mumbai and head office in Bhopal, Madhya Pradesh.

DB Corp Limited announced its quarterly results for the quarter ended December 31, 2025, alongside significant corporate developments including dividend declaration and key leadership changes in its technology department. The Board of Directors meeting held on January 15, 2026, addressed multiple strategic decisions impacting shareholders and organizational structure.

Second Interim Dividend Declaration

The company declared a second interim dividend for the financial year 2025-26, demonstrating its commitment to shareholder returns. The dividend details are structured as follows:

Shareholders holding equity shares as of the record date will be eligible for the dividend payment, which represents a 20% return on the face value of shares.

Leadership Transition in Technology Department

The company announced significant changes in its senior management structure, particularly in the technology leadership role. These changes reflect the organization's focus on strengthening its technological capabilities.

Resignation of Current CIO

Amit Prakashrao Waghmare tendered his resignation from the position of Chief Information Officer in the Technology department. The resignation details are:

Waghmare expressed gratitude to the senior leadership and colleagues for their support during his tenure with the company.

Appointment of New CIO

Based on the recommendation of the Nomination and Remuneration Committee, the Board approved the appointment of Rakesh Khetan as the new Chief Information Officer, effective January 15, 2026.

Professional Background: Rakesh Khetan brings extensive experience to the role with over 21 years in information technology, digital transformation, IT governance, and cybersecurity. His educational qualifications include:

• Bachelor of Technology (B.Tech) in Computer Science
• Master of Business Administration (MBA)
• Post Graduate Diploma in Business Administration (PGDBA)
• Professional certifications: ITIL 4, SIAM Professional, Oracle Certified Professional

Experience and Expertise: Khetan has demonstrated expertise in formulating and implementing enterprise IT strategies, ERP implementations, cloud migration, cybersecurity frameworks, digital platforms, automation, and analytics. His experience includes IT risk management and working closely with senior management on IT governance, compliance, and business continuity.

He has held senior leadership positions with reputed organizations including IB Group, Adani Wilmar Limited, Olam Agro India Ltd., and Tata Motors Ltd.

Quarterly Results Approval

The Board approved the unaudited financial results (standalone and consolidated) for the quarter and nine months ended December 31, 2025. The company has submitted the required documentation including limited review reports and press releases to the stock exchanges as per regulatory requirements.

Regulatory Compliance

All announcements were made in compliance with SEBI Listing Regulations, specifically Regulations 30, 33, and 42. The company has fulfilled its disclosure obligations to both BSE Limited (Scrip Code: 533151) and National Stock Exchange (Symbol: DBCORP), ensuring transparency for all stakeholders.

The Board meeting commenced at 11:30 AM IST and concluded at 1:00 PM IST on January 15, 2026, with all decisions being communicated to the exchanges and uploaded on the company's website for public access.