MAM
Federation of India Fantasy Sports welcomes Maj. Neil Castelino as its new CEO
Mumbai: The Federation of India Fantasy Sports (FIFS), India’s first and only self-regulatory industry body for fantasy sports, is pleased to announce the appointment of Maj. Neil Christopher Castelino as its new CEO.
A distinguished armed forces veteran, Maj. Neil Castelino brings a wealth of experience to FIFS. In his long career spanning over 20 years, he has worked in leadership roles across corporate affairs, public policy, stakeholder engagement & operations.
Maj. Castelino has successfully managed National, State and Regional operations & engagements at reputed organisations including the Confederation of Indian Industry (CII), Flipkart, and Bharti Infratel Ltd. He has played a key role in creating & influencing Public policies, driving partnerships in logistics and warehousing and developing the e-commerce industry as well. His detailed understanding of solving complex issues in compliance and regulatory matters has made it easier for businesses to operate in different sectors. Now, Maj. Castelino is prepared to guide FIFS in promoting the Online Fantasy sports industry in India.
As the new CEO of FIFS, he looks forward to creating collaborations, promoting partnership opportunities and working on the Policy & Regulatory framework for the Fantasy Sports industry working with the leaders of Online Fantasy Sports in India, Central, State governments and other important stakeholders.
Commenting on his appointment, Maj Neil Castelino said, “I am honoured and excited to lead the Federation of India Fantasy Sports (FIFS). The Fantasy sports industry is a Sunrise and burgeoning sector, I look forward to working closely with all stakeholders to promote innovation, a fair and transparent regulatory framework to ensure sustainable development in the sector.”
With Major Neil Castelino at the helm, the FIFS aims to strengthen its position as the premier industry body for fantasy sports in India, fostering a suitable ecosystem for all members and stakeholders.
MAM
Filmcity Media CFO Mohit Jain quits; CEO Kirti Vishnu Tiwari takes charge of finance
Board appoints Prabhat Modi as additional director and approves Rs 1.9 crore preferential share issue
MUMBAI: Filmcity Media has reshuffled its top deck. Chief financial officer Mohit Jain has stepped down, prompting the board to hand the finance reins to chief executive Kirti Vishnu Tiwari even as the company lines up fresh capital and new boardroom muscle.
In a regulatory filing to the BSE, Filmcity Media said Jain resigned from the roles of director and chief financial officer with effect from March 11, 2026, to pursue another career opportunity. He ceased to be a key managerial personnel of the company at the close of business on that date.
The board swiftly moved to plug the gap, appointing Kirti Vishnu Tiwari as chief financial officer from March 12, 2026. Tiwari, who already serves as executive director and chief executive, will now hold the combined role of executive director, CEO and CFO, taking charge of the company’s finance function while continuing to lead operations.
The leadership changes were approved by the board following recommendations from the nomination and remuneration committee, with the audit committee also backing Tiwari’s appointment as CFO to ensure governance oversight. Under the arrangement, Tiwari will continue as a key managerial personnel under Section 203 of the Companies Act, 2013.
Filmcity Media also expanded its board, appointing Prabhat Modi as additional director with effect from March 13, 2026, for a term of five years. The appointment, categorised as a non-executive non-independent directorship, will require shareholder approval at the next general meeting.
Modi brings capital market experience to the role. He holds a B.Sc in accounting and finance from the University of Essex in the United Kingdom and a PGDM from the National Institute of Securities Market. His professional experience includes stints at SBI Mutual Fund, BSE India and Morningstar India, where he worked on market research, financial analysis and capital market operations.
Tiwari, meanwhile, brings experience spanning finance, marketing and hospitality. A graduate of Lucknow University, she has previously worked with Hotel Holiday Inn, Hotel Leela Kempenski and Hotel Sea Rock, along with roles at Pawan Hans Helicopter and CBRE South Asia.
Separately, the board also approved a preferential issue of equity shares to members of the promoter and promoter group as well as non-promoter investors. The proposed fundraising, subject to regulatory approvals, is expected to raise up to Rs 1.9 crore.
The company said both appointees meet all regulatory requirements under SEBI regulations and the Companies Act and are not barred by any regulatory authority from holding their positions.
With a new board face, a CEO doubling as CFO and fresh capital on the table, Filmcity Media appears to be tightening its leadership and balance sheet in one swift move.
