Kridhan Infra Limited has announced the incorporation of its new subsidiary, Kridhan Mediatech Private Limited, marking the company's entry into the media and entertainment sector. The subsidiary was incorporated on January 12, 2026, under the Corporate Identification Number U59111MH2026PTC465510.

Corporate Structure and Financial Details

The newly incorporated subsidiary has been established with specific financial parameters and ownership structure:

The initial paid-up share capital of ₹10.00 lakh will be paid in cash, with the shares being acquired at face value of ₹10.00 per share.

Business Objectives and Industry Focus

Kridhan Mediatech Private Limited will operate in the production of motion pictures, media, entertainment, and media technology sectors. The subsidiary's primary business objectives include:

• Producing, co-producing and developing cinematographic films and audio-visual content
• Creating films, web series, television programmes and digital content
• Distributing, marketing, licensing and exploiting content in India and abroad
• Operating through various platforms including theatres, television, OTT and digital platforms
• Entering into agreements as producers, distributors, licensors, agents or representatives

Related Party Considerations

The incorporation represents a related party transaction as Kridhan Mediatech Private Limited is a subsidiary company. The Kridhan Family Trust, which holds 30% in the new subsidiary, has Shri Anil Dhanpat Agarwal as one of its trustees. Agarwal is also a promoter of Kridhan Infra Limited, creating an interconnected ownership structure.

Regulatory Compliance

The company has fulfilled all regulatory requirements for the subsidiary's incorporation:

This strategic move into the media and entertainment industry represents a diversification from Kridhan Infra's traditional infrastructure business, positioning the company to capitalize on opportunities in the growing digital content and entertainment sector.

Kridhan Infra Limited has announced significant changes to its board composition following a board meeting held on January 6, 2026. The infrastructure company disclosed two key directorial changes in its regulatory filing to the stock exchanges.

Board Meeting Decisions

The board of directors approved two important resolutions during their meeting on January 6, 2026. The decisions involved the departure of two directors from different categories, marking a notable transition in the company's leadership structure.

Executive Director Resignation

Mr. Rishiraj submitted his resignation from the positions of Director and Executive Director, effective January 6, 2026. In his resignation letter, he cited personal and unavoidable reasons for his decision to step down from both roles. The company confirmed receipt of his formal resignation letter dated January 6, 2026, and obtained confirmation that no material reasons beyond those stated were involved in his departure.

Mr. Rishiraj expressed gratitude to the board of directors, managing director, and the entire team for their support and cooperation during his tenure. He acknowledged that upon the effectiveness of his resignation, he would be relieved of all duties and responsibilities related to his positions.

Independent Director Term Completion

The board also acknowledged the completion of Mr. Mahdav Deshpande's first term as Independent Director, which concluded on August 13, 2025. His five-year tenure in the non-executive category has officially ended, representing a natural conclusion to his directorial term rather than a resignation.

Regulatory Compliance

The company filed the necessary disclosures with both BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The filing included detailed information as required under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Managing Director Gautam Joginderlal Suri signed the regulatory communication, ensuring proper documentation and transparency regarding these board changes. The company requested both stock exchanges to take these changes on record for investor awareness and regulatory compliance.