Bodhi Tree Multimedia Limited has made important announcements regarding its Board of Directors as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company disclosed the appointment of Mr. Sailesh Madhav Pethe as an Additional and Non-Executive Independent Director on the Board and also the resignation of Mrs. Uma Krishnan as a Non-Executive Independent Director, both effective March 20, 2025.

The announcement, made in compliance with the SEBI Listing Regulations, brings transparency to the ongoing leadership changes and committee reconstitutions at Bodhi Tree Multimedia. These changes are significant in terms of enhancing the governance and strategic direction of the company.

Key Developments in the Announcement

1. Appointment of Mr. Sailesh Madhav Pethe:
   The Board of Directors has approved the appointment of Mr. Sailesh Madhav Pethe (DIN: 03320087) as an Additional and Non-Executive Independent Director. This appointment will take effect from March 20, 2025, and is subject to approval by the shareholders at the upcoming General Meeting.

   • Mr. Pethe, born on 13th September 1969, will serve as an independent director for a period of five years.
   • He does not hold any shares in the company and is not related to any of the Directors or Key Managerial Personnel.
   • This move is aimed at strengthening the corporate governance structure of the company by introducing fresh perspectives at the Board level.

2. Resignation of Mrs. Uma Krishnan:
   In another important development, Mrs. Uma Krishnan (DIN: 08824361) has tendered her resignation as a Non-Executive Independent Director of Bodhi Tree Multimedia with effect from March 20, 2025.

   • Mrs. Krishnan has cited personal reasons for stepping down from her position.
   • There are no material reasons beyond personal commitments for her resignation. Her resignation marks the conclusion of a significant period of involvement with the company, and her contributions will be appreciated by the entire Board and stakeholders.

3. Reconstitution of Committees:
   With the changes in the Board of Directors, Bodhi Tree Multimedia has also made adjustments to its Board Committees. These modifications are as follows:

   • Audit Committee:
     • Chairperson: Suneel Kumar Jain
     • Members: Nutan Jha, Mautik Ajit Tolia
   • Nomination and Remuneration Committee:
     • Chairperson: Sailesh Madhav Pethe
     • Members: Nutan Jha, Suneel Kumar Jain
   • Stakeholders Relationship Committee:
     • Chairperson: Suneel Kumar Jain
     • Members: Mautik Ajit Tolia, Sukesh Devdas Motwani

These committee reconfigurations are intended to enhance the governance framework and ensure that the company’s operations are aligned with best practices in corporate leadership.

About Bodhi Tree Multimedia Limited

Bodhi Tree Multimedia Limited is a media and entertainment company involved in content production, distribution, and digital media. With a diverse portfolio, it is committed to delivering high-quality entertainment across multiple platforms. The company's focus on innovation and leadership ensures it remains competitive in an ever-evolving industry.

Impact of the Leadership Changes

The changes in the Board of Directors are expected to have a significant impact on Bodhi Tree Multimedia’s strategic direction. The appointment of Sailesh Madhav Pethe as an independent director introduces new insights and a fresh approach to decision-making. Simultaneously, the resignation of Mrs. Uma Krishnan opens the door for new leadership within the company’s governance structures.

The reconstitution of the committees is a clear sign of the company’s commitment to ensuring that its leadership teams remain agile and aligned with the company’s long-term objectives. As Bodhi Tree Multimedia continues to evolve, these leadership transitions will play a pivotal role in shaping the company’s next phase of growth.

Future Outlook

As the company adapts to these leadership changes, Bodhi Tree Multimedia remains focused on enhancing its governance and corporate structure. The reconstituted Board and Committees will work towards driving the company’s growth in the dynamic entertainment and media landscape.

The company's investors and stakeholders can expect further disclosures regarding these leadership changes at the General Meeting where the appointment of Sailesh Madhav Pethe will be subject to approval.

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