Board approved and recommended the appointment of Raj Nayak as Chairman & Managing Director for three years effective July 14, 2026, with annual remuneration of ₹2.1Cr, subject to shareholder approval. It also recommended reappointment of Sudhir Menon and appointment of Vijaykumar Malpani as Non-Executive Directors, and approved related-party transactions with subsidiary Gozoop Online. Raj Nayak’s appointment represents a significant executive leadership change, bringing extensive media, digital transformation and communications experience to the newly listed company. The Gozoop transactions require shareholder approval. The filing does not disclose the nature, quantum or commercial terms of the Gozoop related-party transactions. The new leadership’s impact on strategy, integration and execution remains to be demonstrated.
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