Hindustan Media Ventures Limited has announced the successful completion of its postal ballot process, with shareholders overwhelmingly approving the appointment of Shri Sameer Singh as Managing Director. The special resolution was passed with requisite majority on March 05, 2026, marking a significant corporate governance milestone for the media company.

Postal Ballot Results Overview

The postal ballot process was conducted entirely through remote e-voting, spanning from February 04, 2026 to March 05, 2026. Shareholders demonstrated strong confidence in the proposed leadership change, with the resolution receiving substantial support across all voting categories.

Detailed Voting Analysis

The voting results revealed overwhelming support for Sameer Singh's appointment, with 99.94% of polled votes cast in favour of the resolution. The comprehensive voting breakdown demonstrates strong backing from the promoter group and mixed response from public shareholders.

Regulatory Compliance and Process

The company conducted the postal ballot in strict compliance with regulatory requirements under Section 110 read with Section 108 of the Companies Act, 2013, and SEBI LODR Regulations. The process was overseen by D S Associates Company Secretaries, with Dhawal Kant Singh serving as the appointed Scrutinizer.

Key compliance highlights include:

• Electronic dispatch of notices completed on February 03, 2026
• Corrigendum issued on February 10, 2026
• Advertisement published in 'Mint' (English) and 'Hindustan' (Hindi) newspapers
• Cut-off date established as January 30, 2026
• Scrutinizer's report confirming fair and transparent voting process

Corporate Governance Significance

The successful postal ballot reflects strong corporate governance practices at Hindustan Media Ventures Limited. The appointment of Sameer Singh as Managing Director, along with remuneration approval, was processed through proper regulatory channels with comprehensive shareholder consultation.

The voting turnout of 74.45% of total outstanding shares demonstrates active shareholder participation in corporate decision-making. The resolution was deemed passed on March 05, 2026, with all procedural requirements fulfilled according to the Scrutinizer's report.

Company Secretary Nikhil Sethi confirmed the completion of all regulatory filings and notifications to BSE Limited and National Stock Exchange of India Limited, ensuring full transparency in the appointment process.

Hindustan Media Ventures Limited has announced a key board change with the resignation of one of its directors. The company disclosed this development in compliance with regulatory requirements, marking a significant corporate governance update.

Director Resignation Details

Shri Manhar Kapoor, serving as Non-Executive Non-Independent Director, has tendered his resignation from the company's board. The resignation becomes effective from the close of business hours on February 28, 2026.

Regulatory Compliance

The company made the disclosure on February 27, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was communicated to both BSE Limited and National Stock Exchange of India Limited, ensuring full compliance with listing obligations.

The disclosure included reference to SEBI master circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, demonstrating adherence to the latest regulatory guidelines.

Corporate Communication

Company Secretary Nikhil Sethi signed the disclosure document digitally on February 27, 2026, at 17:15:44 +05'30'. The information has been uploaded on the company's official website at www.hmvl.in for public access.

In his resignation letter addressed to the Board of Directors, Kapoor cited other professional commitments within the Group as the primary reason for stepping down from his directorial role. The resignation follows proper corporate governance procedures with formal documentation submitted to the board.