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Latest filing: 2026-09-02 20:51
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3 announcements match the current filters (relevance ≥ 5).
Madhya Pradesh Today Media CFO Shantanu Dixit Resigns With Immediate Effect
Madhya Pradesh Today Media Limited has announced the resignation of Shantanu Dixit from the post of Chief Financial Officer (CFO) with immediate effect. The resignation was tendered citing personal reasons and pre-occupation with other assignments, with no other material reasons stated. Dixit served as Whole Time Director and CFO of the company, which reported TTM revenue of ₹46 Cr and a market capitalization of ₹19 Cr. The board will need to appoint a successor to oversee the company's financial operations.
Confidence: HIGH
What changedShantanu Dixit has stepped down from his role as Chief Financial Officer with immediate effect.
Why it mattersThe exit of a key managerial person requires a timely and competent replacement to maintain financial controls and regulatory compliance for a ₹46 Cr TTM revenue media operation.
Effective date: immediate effectTTM Revenue: ₹46 CrMarket Capitalization: ₹19 Cr
📅 Short termRoutine corporate governance impact while the board processes the resignation and identifies a successor CFO.
📈 Long termLimited, assuming the company fills the key managerial role in a timely manner.
⚠ Risk flags
- Finance leadership vacancy until a new CFO is formally appointed.
Key Highlights
Shantanu Dixit resigned as Chief Financial Officer with immediate effect.
Stated reason for resignation is personal and pre-occupation with other assignments.
Confirmation provided that there are no other material reasons for the departure.
Appointment of a replacement CFO was not disclosed in the filing.
👀 What to Watch
Track subsequent exchange filings for the appointment of a new Chief Financial Officer and ensure smooth transition in financial disclosures.
Madhya Pradesh Today Media Appoints Kaustubh Dixit as CFO Succeeding Shantanu Dixit
Madhya Pradesh Today Media Limited announced the resignation of Mr. Shantanu Dixit as Chief Financial Officer effective close of business on September 2, 2026, citing personal reasons. The Board has appointed Mr. Kaustubh Dixit as the new Chief Financial Officer and Key Managerial Personnel with effect from September 2, 2026. Both the incoming and outgoing CFOs are sons of Managing Director Mr. Hradayesh Kumar Dixit. The transition occurs in a microcap media firm with TTM revenues of Rs 46 Cr and a market capitalization of Rs 19 Cr.
Confidence: HIGH
What changedShantanu Dixit stepped down as CFO on September 2, 2026, and Kaustubh Dixit took over the role on the same date.
Why it mattersEnsures operational continuity in key financial and regulatory compliance roles, maintaining financial leadership within the promoter family.
Effective date of change: September 2, 2026TTM Revenue: Rs 46 CrMarket cap: Rs 19 Cr
📅 Short termMinimal immediate market impact is expected as the key managerial position is filled immediately within the existing promoter group.
📈 Long termLimited structural impact on the underlying vernacular print and digital media operations.
⚠ Risk flags
- Promoter family concentration across Key Managerial Personnel (KMP) positions.
Key Highlights
Mr. Shantanu Dixit resigned as Chief Financial Officer effective September 2, 2026.
Mr. Kaustubh Dixit appointed as Chief Financial Officer effective September 2, 2026.
Incoming CFO holds a BMBS in Finance from Daly College Business School (2016).
Both incoming and outgoing CFOs are sons of Managing Director Mr. Hradayesh Kumar Dixit.
👀 What to Watch
Track upcoming financial results and governance disclosures to ensure smooth continuity in financial reporting under the incoming CFO.
MP Today Appoints Kaustubh Dixit as CFO Following Resignation of Shantanu Dixit
Madhya Pradesh Today Media Limited has appointed Mr. Kaustubh Dixit as Chief Financial Officer (CFO) and Key Managerial Personnel effective September 2, 2026. This follows the resignation of Mr. Shantanu Dixit from the CFO role on September 2, 2026, citing personal reasons. Both the incoming and outgoing CFOs are sons of Managing Director Hradayesh Kumar Dixit. The company currently operates with a market cap of ₹19 Cr and TTM revenue of ₹46 Cr.
Confidence: HIGH
What changedMr. Shantanu Dixit stepped down as CFO, and Mr. Kaustubh Dixit has taken charge as the new Chief Financial Officer.
Why it mattersThe CFO is a Key Managerial Personnel overseeing financial reporting, controls, and capital management, though this transition keeps the key financial role within the promoter family.
Effective Date of Appointment: September 2, 2026Incoming CFO Degree Year: 2016TTM Revenue (Context): ₹46 CrMarket Cap (Context): ₹19 Cr
📅 Short termRoutine handover with immediate effect; no disruption to day-to-day operations expected.
📈 Long termLimited structural impact on the business strategy, as executive oversight remains closely held by the promoter group.
⚠ Risk flags
- Concentration of key executive and managerial positions within the promoter family
Key Highlights
Mr. Kaustubh Dixit appointed as CFO and KMP effective September 2, 2026
Mr. Shantanu Dixit resigned from the CFO position with effect from close of business hours on September 2, 2026
Incoming CFO holds a BMBS in Finance from Daly College Business School (DMU, Leicester) completed in 2016
Both incoming and outgoing CFOs are sons of Managing Director Mr. Hradayesh Kumar Dixit
👀 What to Watch
Track subsequent quarterly financial statements and compliance disclosures to ensure smooth operational continuity under the new financial leadership.
