Next Mediaworks has informed that the Board of Directors of the Company at its meeting held today, 11th March, 2022 has, transacted the following businesses: Took note of the resignation of Ramesh Menon as Chief Executive Officer (KMP under the Companies Act, 2013) of the Company with effect from 13th April, 2022 (closing business hours). Menon has also resigned as Chief Executive Officer of Next Radio Limited (‘NRL’), material subsidiary company with effect from 13th April, 2022 (closing business hours), Approved the appointment of Ajit Dheer as Senior Management Personnel on or after 2nd April, 2022 and he will take over as Chief Executive Officer (KMP under the Companies Act, 2013) of the Company with effect from 14th April, 2022. Dheer has also been appointed as Chief Executive Officer of NRL with effect from 14th April, 2022 and Approved the appointment of Harshit Gupta as Company Secretary and Compliance Officer (KMP under the Companies Act, 2013) with effect from 11th March, 2022. Requisite disclosure pursuant to SEBI LODR read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015 in relation to the abovementioned matters, are enclosed as Annexure-A.
The above information is a part of company’s filings submitted to BSE.
