With immediate effect
Entertainment Network (India) announced that based on the recommendation of the Remuneration / Compensation Committee and pursuant to the provisions of sections 196, 203 and other applicable provisions and rules of the Companies Act, 2013, the Board of Directors of the Company has approved the change in designation of Prashant Panday from 'Executive Director & CEO' to 'Managing Director & CEO' with immediate effect. Panday has also been appointed as the whole time key managerial personnel by the Board of Directors of the Company.The aforesaid re-designation is subject to the approval, consents, permissions, sanctions and the like of the Members of the Company and all other concerned statutory and other authorities, if and to the extent applicable and required and without any other variation (except designation) in the terms and conditions as already approved by the shareholders of the Company at the 14th Annual General Meeting of the Company held on 08 August 2013.
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