Eros International Media Limited, a leading global player in the media and entertainment industry, has made significant changes to its key managerial personnel and governance structure. These changes were disclosed as part of the company's compliance with SEBI Regulation 30 under the Listing Obligations and Disclosure Requirements (LODR).

Key Announcements

1. Resignation of Mr. Vijay Jayantilal Thaker (ACS: 6380)

   • Mr. Thaker resigned from his role as Company Secretary and Compliance Officer, effective December 13, 2024, citing pre-occupations.
   • He will continue as the company's Director and CFO, ensuring continuity in leadership.
   • In his resignation letter, Mr. Thaker expressed gratitude for the opportunities provided during his tenure.

2. Appointment of Mr. Akshay Atkulwar (ACS: 69296)

   • Effective December 13, 2024, Mr. Akshay Atkulwar has been appointed as the new Company Secretary and Compliance Officer.
   • Mr. Atkulwar brings 8 years of extensive experience in corporate governance, secretarial compliance, FEMA, intellectual property, and liaising with regulatory bodies.
   • He holds an MBA in Finance, a Bachelor’s degree in Commerce, and is an Associate Member of the Institute of Company Secretaries of India.

3. Governance Enhancements

   • C R Bhagwat & Associates has been appointed as:
     • Scrutinizer for the 30th Annual General Meeting (AGM).
     • Secretarial Auditor for the Financial Year 2024-25.
     • Known for their robust expertise, they will provide professional support in ensuring compliance and transparency.
   • Patni Mandhana & Associates has been appointed as Internal Auditors for the Financial Year 2024-25. This firm specializes in audit and assurance, regulatory compliance, and advisory services.

Strategic Importance

These appointments and updates reflect Eros International’s commitment to strengthening its governance framework and enhancing operational efficiency. The inclusion of experienced professionals in key roles will bolster the company’s compliance, transparency, and overall corporate health.

Board Comments
The Board of Directors expressed confidence in the new team, stating that these changes are aligned with the company’s vision of maintaining robust corporate governance and achieving strategic goals.

Detailed Profile of New Appointees

1. Mr. Akshay Atkulwar

   • Experience: 8 years in corporate compliance and governance.
   • Qualifications: ACS, MBA (Finance), B.Com.
   • Specializations: Regulatory compliance, company law, and FEMA matters.

2. C R Bhagwat & Associates

   • A reputed firm of practicing Company Secretaries with extensive experience in corporate governance.

3. Patni Mandhana & Associates

   • Experts in financial audits, regulatory compliance, and advisory services.

Conclusion

Eros International Media Limited's recent updates signify its proactive approach to corporate governance and compliance. The company's strategic appointments aim to ensure seamless operations, enhance stakeholder confidence, and align with regulatory requirements.

For further updates, visit www.erosmediaworld.com.

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