TV VISION LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent | Download

TV Vision Limited has informed the Exchange about increase in Authorised Capital | Download

Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations ), we wish to inform you that the Board of Directors of the Company at their Meeting held today, i.e. Monday, September 09, 2024, inter alia considered and approved the following: 1. Noted and accepted the resignation of Mr. Markand Adhikari (DIN: 00032016) as the Chairman as well as Managing Director of the Company with effect from end of the meeting held on even day i.e. Monday, September 09, 2024 in order to give an opportunity to the next generation of Promoter family to steer the business ahead. However, he will overview the business of the Company as and when required as Chairman Emeritus. 2. The Board of Directors, upon recommendation of the Nomination & Remuneration Committee has appointed Mr. Ravi Adhikari (DIN: 02715055) as an Additional Director & the Managing Director of the Company (for a period of 05 (Five) year w.e.f. September 09, 2024 to September 08, 2029) and designated as Chairman of the Company, subject to the approval of the members at the ensuing General Meeting of the Company.3. Increase in the Authorized Share Capital of the Company from existing INR 55,00,00,000 To INR 80,01,00,000 and corresponding amendments to the Clause V of the Memorandum of Association of the Company, subject to approval of the shareholders at the ensuing General Meeting of the Company.4. Re-constitution of Committees of the Company:The Board of Directors has approved reconstitution of following committees of the Company with immediate effect i.e. from September 09, 2024: A. Audit CommitteeSr. No. Name of Director Designation in Committee 1. Mr. M Soundaran Pandian Chairman2. Mr. Ganesh P. Raut Member3. Mr. Umakanth Bhyravajoshyulu Member4. Mr. Pritesh Rajgor Member5. Mr. Ravi Adhikari MemberB. Nomination & Remuneration Committee:Sr. No. Name of Director Designation in Committee 1. Mr. Umakanth Bhyravajoshyulu Chairman2. Mr. Ganesh Raut Member3. Mr. M. Soundaran Pandian Member4. Mr. Pritesh Rajgor Member5. Mr. Ravi Adhikari MemberC. Stakeholders Relationship Committee:Sr. No. Name of Director Designation in Committee 1. Mr. Ganesh P. Raut Chairman2. Mr. Umakanth Bhyravajoshyulu Member3. Mr. Pritesh Rajgor Member4. Mr. Ravi Adhikari Member5. Pursuant to the requirements under Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, and consequent to the change in KMPs, the following KMPs are authorized by the Board of Directors of the Company, for the purpose of determining the materiality of an event or information are as stated follows:- Sr. No. Name of KMPs Designation Contact Details1. Mr. Ravi Adhikari Chairman & Managing Director E-mail id: ravi@sabnetwork.in;Tel.: 022 4023 0422; Fax: 022 2639 54592. Mr. Santosh Thotam Chief Financial Officer E-mail id: santosh@sabnetwork.in;Tel.: 022 4023 0420; Fax: 022 2639 54593. Mrs. Shilpa Jain Company Secretary & Compliance Officer E-mail id: shilpaj@sabnetwork.in;Tel.: 022 4023 0422; Fax: 022 2639 5459Disclosures required pursuant to Regulation 30 of the Listing Regulations read with Para A of Schedule III to the said Regulations and SEBI Circular no. CIR/CFD/CMD/4/2015 dated September 09, 2015, with regard to changes in Directors & Key Managerial Personnel and the increase in authorised share capital of the Memorandum of Association for the above matters is attached herewith as Annexure I, Annexure II and Annexure III respectively. | Download