MAM
Havells India and TATA Power – DDL come together to ensure safety against hazards of electricity
MUMBAI: To ensure safety of users against hazards of electric leakage, Havells India Ltd. and TATA Power-DDL today signed an MoU to strengthen the distribution of electrical protection devices in North and North-Western parts of Delhi. Along with that, both companies have also planned an extensive awareness and training program to encourage adoption of proper installation of circuit protection devices – ELCB and MCB. The MoU signing ceremony saw the presence of Mr. Sanjay Banga, CEO, Tata Power Delhi Distribution Ltd. and Mr. Saurabh Goel, President, Havells India Ltd.
The synergy between prominent electrical distribution company and leading electrical brand in the country shall ensure safety from electricity hazards.
Welcoming the association, Sanjay Banga, CEO, TPDDL, said, “Tata Power-DDL is committed to consumer safety and has joined hands with Havells to drastically reduce the electricity related accidents which result in loss of life and property. I urge all consumers to install a suitable device for earth leakage protection at their homes/ premises. To further reinforce the need of electricity safety, we will also be sensitizing consumers and arranging for trainings of local electricians on the importance and implementation of safe technology.”
ELCBs are extremely critical in ensuring human safety as they protect us from current leakage. Today, we are surrounded by electrical devices and most of us are not aware about the hazards that come along, due to lack of proper protection devices not being used. Delhi has recorded maximum electrical related fatalities over the last decade. Deploying Miniature Circuit Breakers (MCB) is the most common practice that is followed to ensure protection of electrical devices from short circuit and overload. However, MCB does not ensure safety of the users when it comes to current leakage. As per the Regulatory Guidelines (DERC) ELCB are a must, as no new connection will be energized in Delhi unless a suitable earth leakage protection device has been installed at consumer premises.
Commenting on the partnership, Mr. Saurabh Goel, President, Havells India Ltd said “We are extremely delighted to partner with Tata Power Delhi Distribution Ltd for distribution of electrical protection devices in their distribution region. Havells being a responsible company always prioritizes user safety and hence is the only company which provides a 6-year warranty on Miniature Circuit Breakers (MCB) and Earth Leakage Circuit Breaker (ELCB/RCCB) if used along with Havells Distribution Board. The association will help us sensitize consumers on the need to incorporate best in class protection devices in their homes and together we shall ensure that consumers are aware of the use of Earth-Leakage Circuit Breaker (ELCB) through TATA Power-DDL Customer Care Centers.”
Havells plans to reach out to the 6000 consumers applying for new connections every month on an average along with 17 lakhs residential and industrial users of Tata Power-DDL. The primary focus of Havells lies on human safety devices which includes Residual Current Circuit Breaker (ELCB/RCCB), Socket Residual-Current Device (RCD) and Portable Residual Current Device (PRCD).
Being a power distribution company for North and North-West Delhi, Tata Power-DDL works closely with electricians, Resident Welfare Associations and Industrial Welfare Associations to spread awareness about various good practices for installation and usage. Generally electrical problems are caused due to short circuits, overload, current leakage and voltage fluctuations. Necessary precautions such as ELCB/RCCB of 30mA sensitivity must be taken so that human life is not harmed from any such threats. The electrical leakage circuit breaker (ELCB) will be made available across all 12 Tata Power-DDL Customer Care Centers at subsidized price from Oct. 1 2019 onwards.
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.
