Cinevista Limited Announces Key Board Decisions
Cinevista Limited announced several key decisions following a board meeting held on March 31, 2026. The meeting commenced at 2:00 PM and concluded at 4:15 PM.Director Appointments
Shri. Prem Krishen Malhotra has been re-appointed as a Whole-Time Director, effective April 1, 2026. His remuneration is set at ¥63,00,000 per annum, pending shareholder approval at the company's 29th Annual General Meeting. Similarly, Shri. Sunil Mehta has been re-appointed as Managing Director, also effective April 1, 2026, with a remuneration of Z63,00,000 per annum, subject to shareholder approval.
Appointment of Statutory Auditors
Following a recommendation from the Audit Committee, M/s Sarath & Associates, a peer-reviewed Chartered Accountants, is proposed as the Statutory Auditors for the financial year beginning April 1, 2026. This appointment, also subject to shareholder approval, is for a term of five consecutive years.
Transition of Statutory Auditors
M/s Raj Niranjan Associates, Chartered Accountants, will conclude their tenure as Statutory Auditors upon the completion of their five-year term at the forthcoming 29th Annual General Meeting.
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