Next Mediaworks has informed that the Board of Directors of the Company at its meeting held today, 3rd April, 2023 has, transacted the following businesses: Took note of the resignation of Ajit Dheer as Chief Executive Officer (KMP under the Companies Act, 2013) of the Company effective 17th April, 2023. Dheer has also resigned as Chief Executive Officer of Next Radio (‘NRL’), material subsidiary company effective 17th April, 2023 and Approved the appointment of Ramesh Menon as Chief Executive Officer (KMP under the Companies Act, 2013) of the Company with effect from 17th April, 2023. Menon has also been appointed as Chief Executive Officer of NRL with effect from 17th April, 2023. Requisite disclosure pursuant to SEBI Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015 in relation to the abovementioned matters, is enclosed as Annexure-A.
The above information is a part of company’s filings submitted to BSE.
