One 97 Communications Limited — Others, 28-12-2024: Change in Management

Dr. Srinivas Yanamandra, Head of Compliance at One 97 Communications Limited, is resigning to pursue other opportunities, effective February 28, 2025. This decision aligns with the company’s recent organizational restructuring, emphasizing a compliance-first approach to strengthen governance across its business entities. The management remains committed to enhancing its compliance framework by recruiting experienced professionals. This leadership change could signal a shift in compliance strategy, potentially fostering investor confidence in the company's governance practices, though it also introduces a transition risk as the company seeks a suitable replacement.