Nature of the Event
Prabhat Technologies (India) Limited has made a disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure concerns the appointment of a new Managing Director.
Key Quantitative Figures
- The appointee, Mr. Shivanshu Pandey, is 34 years old.
- His Director Identification Number (DIN) is 06916787.
Dates of Action
- The members of the company approved the appointment at a meeting held on Thursday, June 18, 2026.
- Mr. Pandey was first appointed to the board as an Additional Director on April 30, 2026.
- His designation was changed to Managing Director, effective from May 15, 2026.
- The term of his appointment as Managing Director is for a period of 5 (five) years, effective from May 15, 2026.
- The letter was digitally signed by the CFO on 2026.06.18 at 17:58:21 +05'30'.
Parties or Entities Involved
- Appointee: Mr. Shivanshu Pandey (DIN: 06916787), appointed as Managing Director.
- Regulator: The disclosure is addressed to BSE Limited and is made pursuant to SEBI Listing Regulations.
Purpose or Stated Rationale
The Board approved the change in designation from Additional Director to Managing Director due to Mr. Pandey's "extensive experience in corporate governance, strategic planning, business management, and organizational leadership." His experience in the entertainment industry and strategic business operations is expected to contribute significantly towards the company's growth and long-term development.