Creative Eye Limited's board of directors held a comprehensive meeting on January 20, 2026, approving multiple strategic appointments and corporate governance matters. The meeting, conducted at the company's registered office from 11:40 a.m. to 1:45 p.m., addressed significant organizational restructuring and compliance requirements.

Key Management Changes and Appointments

The board approved several critical management appointments that will take effect from February 13, 2026. The most significant change involves Mr. Ashutosh Kochhar's designation upgrade from Whole-Time Executive Director to Managing Director, subject to member approval.

Professional Profiles of New Appointees

Ms. Prema Dubey brings 13 years of compliance experience across secretarial and legal domains. She holds qualifications as Company Secretary from ICSI, along with LLB and MBA degrees. Her expertise spans corporate governance, regulatory filings, and managing board and committee meetings under various applicable laws including Companies Act 2013, FEMA, and SEBI regulations.

Mr. Sachin Devare is a Chartered Accountant with over 18 years of comprehensive experience in financial controllership and statutory compliance. His credentials include CA membership, SET qualification, and M.Com degree. He has demonstrated expertise in strategic finance, auditing, GST and Income Tax management, and has published research on tax savings comparisons. His experience spans diverse entities including cooperative societies, LLPs, companies, and banking institutions.

Mr. Ashutosh Kochhar holds a Bachelor of Arts degree in Film, Television and New Media Production from Mumbai. He brings extensive experience in the media and entertainment industry, particularly in digital content strategy, production oversight, and revenue diversification across multiple operational domains.

Statutory Auditor and Strategic Partnerships

The board approved the appointment of M/s STDJ & Co., Chartered Accountants, with Mr. Shiv Toshniwal as Statutory Auditors, subject to member approval. The remuneration will be determined by the board in accordance with Companies Act 2013 provisions.

A strategic Memorandum of Understanding with M/s. Swami Films was authorized for protection, management, and monetization of the company's digital content library across platforms including YouTube, Facebook, Instagram, and similar digital channels.

Additional Appointments and Compliance Measures

The board approved several other key appointments to strengthen operational capabilities:

• Internal Auditors: M/s. N.V. Pachetti & Co., Chartered Accountants
• Secretarial Auditors: M/s. Kirty Vaidya & Associates, Practising Company Secretary
• Official Email Registration: compliancecelnew@gmail.com with RTA KFIN Technologies Limited

Notably, the board rejected the proposal for appointing Mr. Deepak Shinde as additional independent director due to his expressed refusal to accept the position.

Extraordinary General Meeting Scheduled

The board approved convening an Extraordinary General Meeting on Friday, February 13, 2026, at 11:30 a.m. to transact necessary business related to the approved appointments and changes. The draft Notice of EGM along with Explanatory Statement has been approved for member consideration.

All appointments and designation changes are subject to applicable statutory approvals and member consent, demonstrating the company's commitment to proper corporate governance procedures.

Creative Eye Limited has successfully concluded its board meeting held on December 22, 2025, addressing significant leadership appointments and compliance matters. The meeting, conducted through video conferencing, commenced at 11:30 a.m. and concluded at 4:10 p.m. at the company's registered office, resulting in several important corporate decisions.

Key Leadership Appointments and Resignations

The board has implemented major changes in its leadership structure following the Nomination Remuneration Committee's recommendations. The following key decisions were approved:

Mr. Sachin Devare brings over 18 years of comprehensive experience in financial controllership, statutory compliance, and corporate governance. As a Chartered Accountant with membership number 639914, he has extensive expertise in strategic finance, auditing, and digital transformation including AI integration in accounting workflows.

Compliance and Regulatory Matters Addressed

The board addressed critical compliance issues related to quarterly financial reporting obligations. The key compliance matters discussed included:

• Non-submission of quarterly financial results for the quarter ended September 30, 2025
• Violations under Regulation 33 of SEBI (LODR) Regulations, 2015
• Approval of appropriate disclosure to stock exchanges citing reasons including resignations of Managing Director, CFO, Company Secretary, Statutory Auditor, and demise of Chairman Late Shri Dheeraj Kumar Kochhar

Additional Corporate Actions

The board approved several other significant matters to strengthen corporate governance:

The board also noted the resignation of the old Statutory Auditor, M/s NGS Co. LLP, communicated on September 22, 2025.

Updated Committee Composition

Effective from December 22, 2025, the committee compositions have been restructured:

Audit Committee:

• Chairman: Mr. Dr. Madan Bhalchandra Gosavi (Independent Director)
• Members: Smt. Matty Vishal Dutt (Independent Director), Mr. Charuhas Patil (Independent Director)

Nomination Remuneration Committee:

• Chairman: Mr. Dr. Madan Bhalchandra Gosavi (Independent Director)
• Members: Smt. Matty Vishal Dutt (Independent Director), Mr. Charuhas Patil (Independent Director)

The comprehensive board meeting outcome demonstrates Creative Eye Limited's commitment to strengthening its leadership team while addressing regulatory compliance challenges and ensuring proper corporate governance structures are in place.