Filmcity Media Ltd — Important, 05-08-2026: Company Update

Filmcity Media Limited announced the resignations of two Non-Executive Independent Directors, Ms. Priyanka Singh and Mr. Nitesh Singh, effective August 14, 2026. Ms. Singh cited personal and professional commitments, while Mr. Singh indicated being preoccupied with other activities. Both confirmed their departures are for these stated reasons only. These resignations significantly alter the independent composition of the company's board. For shareholders, this means a shift in the independent oversight crucial for robust governance. The company will need to address these vacancies to maintain board strength.