Amit Kotia Appointed Chief Financial Officer of Sungold Media and Entertainment Ltd.
Sungold Media and Entertainment Ltd has appointed Mr. Amit Kotia as the company's Chief Financial Officer, effective June 05, 2026. The appointment was made following a recommendation by the Nomination and Remuneration Committee and subsequent approval by the Board of Directors.Mr. Amit Kotia brings extensive experience across multiple business domains to the role. He holds a Bachelor of Arts (B.A.) degree in Economics from Gujarat University. Mr. Kotia has over 46 years of professional experience, encompassing property development, administration, fundraising, and marketing. His expertise includes placement in mutual funds, attracting foreign investments, raising funds at minimum cost, and he possesses keen interest in real estate properties.
The company also provided details regarding the relationships between directors as part of the appointment confirmation:
| Relationship | Name / Group | Promoter Holding (%) |
|---|---|---|
| Mr. Amit Kotia's Son | Mr. Daiv Kotia | 2.45% |
| Mr. Amit Kotia's Brother | Mr. Rajiv Kotia | 4.94% |
| Mr. Amit Kotia's Nephew | Mr. Raj Kotia (Chairman & MD) | 48.02% |
| Mr. Amit Kotia's Niece | Ms. Saloni Kotia | 2.45% |
The appointment of Mr. Amit Kotia as Chief Financial Officer is effective from June 05, 2026.
Stock Price Movement
Sungold Media and Entertainment Ltd settled at ₹11.44 on Thursday, declining by 4.98% in the session. The stock trading remained completely flat throughout the day, as its high and low were both registered at this price point.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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