Colorchips New Media Ltd — Important, 23-02-2026: Company Update

Colorchips New Media announced a key leadership change. Mr. Srinivasa Sudhish Ramabhotla has resigned as Managing Director due to personal reasons. The Board has appointed Mr. Murthy Vadlamani Venkata Satyanarayana as the new Managing Director for a term of five years, subject to shareholder approval. Mr. Satyanarayana brings over 30 years of experience in finance, compliance, and business, which is expected to strengthen the company's leadership and operational oversight.