MAM
Godrej group sees leadership movements
MUMBAI: Adi Godrej-led Godrej Group has made senior management movements in three of its publicly listed entities.
Godrej Consumer Products Ltd (GCPL) CFO P Ganesh will take charge as the chief financial officer and company secretary for Godrej Industries Ltd (GIL).
Godrej Properties limited (GPL) executive director V Srinivasan will move to GCPL as CFO and company secretary and will step down from the GPL Board of Directors.
Mohit Malhotra, who currently heads the business development function and the NCR region for Godrej Properties, will be inducted as an executive director on the Board of Directors of the company.
All these changes will take effect from 1 April, 2015.
Godrej Group chairman Adi Godrej said, “We have made these changes in line with our growth aspirations and talent management philosophy. Our HR strategy is to ensure that we have a robust in-house talent pipeline and the diversity of the Godrej Group enables us to periodically expose key talent to different business opportunities.”
MAM
Dish TV shareholders approve three independent directors
99.49 per cent vote of confidence strengthens board as company expands into connected TV, e-commerce and OTT.
MUMBAI: Dish TV has just been served a near-perfect vote of confidence and the shareholders have dished it out in style. Shareholders of the DTH operator have approved the appointment of three new Independent Directors with an overwhelming 99.49 per cent approval. The three appointees are Mr Arun Kumar Kapoor, Ms Heena Naishadh Bhatt and Mr Ashok Anant Paranjpe.
The strong mandate reflects continued investor faith in the company’s strategy, disciplined execution and long-term value creation. It comes as Dish TV focuses on stabilising its core DTH business while actively scaling new verticals connected TV platform VZY, B2B e-commerce ShopZop, and OTT service Watcho to build a more diversified and resilient growth trajectory.
Dish TV India Limited, CEO & executive director Manoj Dhobhal said, “We are encouraged by the shareholders’ approval of the appointment of the Independent Directors and sincerely thank them for their continued trust and confidence. The Board is already benefiting from the Directors’ collective experience, which will further sharpen strategic focus and support disciplined execution.”
With a fresh, strengthened board in place, Dish TV is well positioned to navigate the evolving media landscape. In a sector where every percentage point matters, a 99.49 per cent thumbs-up is the kind of ringing endorsement that suggests the company’s recipe for the future is already tasting right.
