HT Media Limited — Others, 29-05-2025: Shareholders meeting

HT Media has announced a board meeting to seek shareholders’ approval via postal ballot for appointing Shri Manhar Kapoor as Whole-time Director for three years. Kapoor, currently Group General Counsel and Company Secretary, brings over 24 years of legal and governance experience, including key roles at Eicher Motors. His proposed annual pay is up to Rs. 1 Cr basic plus Rs. 3.5 Cr variable. Despite improving operational profitability, the company’s profits remain low legally, requiring special approval for this package. This move supports HT Media’s focus on stronger management during growth and cost-efficiency initiatives.