Date: 19th August 2026

KMP / Board Changes

Resignation of Mr. Arvind Pradhan Bhanushali

  • Name: Mr. Arvind Pradhan Bhanushali (DIN: 00134211)
  • Designation: Managing Director
  • Type of change: Resignation from Managing Director position
  • Effective date: Closure of working hours on Tuesday, 18th August 2026
  • Continuing role: Will continue as Non-Executive Director of the Company

Appointment of Ms. Meena Arvind Bhanushali

  • Name: Ms. Meena Arvind Bhanushali (DIN: 10816424)
  • Designation: Managing Director
  • Type of change: Appointment
  • Effective date: 19th August 2026
  • Term: Five consecutive years
  • Conditions: Subject to approval of regulatory/statutory authorities and shareholders at ensuing General Meeting
  • Profile: Associated with HIFI Digital Advertisement since 2017, gained experience in digital advertising and business operations domain, involved in coordinating business activities, client relationships and supporting overall operational functions
  • Relationship with other directors: Spouse of Arvind Pradhan Bhanushali, Executive Director of the Company
  • Listed entity directorships: None
  • Non-debarment status: Not debarred from accessing capital markets or restrained from holding director office by any SEBI order or authority

Resignation of Mr. Kurjibhai Premjibhai Rupareliya

  • Name: Mr. Kurjibhai Premjibhai Rupareliya (DIN: 05109049)
  • Designation: Executive Director
  • Type of change: Resignation
  • Effective date: 18th August 2026
  • Reason: Personal reasons (confirmed no other material reasons for resignation)

Board Meeting Outcomes

  • Meeting date: Tuesday, 18th August 2026
  • Meeting timing: Commenced at 06:15 PM and concluded at 07:00 PM
  • Decisions taken:
  • Accepted resignation of Mr. Arvind Pradhan Bhanushali as Managing Director
  • Appointed Ms. Meena Arvind Bhanushali as Managing Director
  • Accepted resignation of Mr. Kurjibhai Premjibhai Rupareliya as Executive Director

No material disclosures under the following sections:

  • Dividend Declaration or Non-Declaration
  • Financial Results
  • Auditor's Report
  • Disinvestment / Strategic Actions
  • Media Release / Investor Communication
  • Other Operational / Legal / Strategic Disclosures