Digicontent Limited — Board/Management Information 2020

Jul 1, 2020

DIGICONTENT LIMITED

Registered Office: Hindustan Times House (2[nd] Floor) 18-20, Kasturba Gandhi Marg, New Delhi – 110 001, India T : +9111 66561234 F: +911166561270 W: www.digicontent.co.in E: corporatedept@digicontent.co.in CIN: L74999DL2017PLC322147

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Ref: DCL/CS/160/2020

1[st] July, 2020

BSE Limited The National Stock Exchange of India Limited P.J. Tower, Dalal Street Exchange Plaza, 5[th] Floor MUMBAI - 400 001 Plot No. C/1, G Block Bandra - Kurla Complex, Bandra (East) MUMBAI - 400 051

Scrip Code: 542685 Trading Symbol: DGCONTENT

Dear Sirs,

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”) for change in KMP

Pursuant to Regulation 30 of SEBI LODR, this is to inform you that Mr. Abhesh Verma, Chief Executive Officer (Key Managerial Personnel under the Companies Act, 2013) of the Company and HT Digital Streams Limited (material WOS) has decided to step-down from his role as CEO of both the companies w.e.f. 30[th] June, 2020 (closing business hours), as he is unable to devote adequate time for his role as CEO (KMP) in view of his extended stay in the United States of America (USA), due to international travel restrictions.

Consequent to above, the Board of Directors of the Company at its meeting held today i.e. July 1, 2020, on the recommendation of Nomination & Remuneration Committee of the Company viz. Digicontent Limited, approved the appointment of Mr. Puneet Jain as CEO (KMP) w.e.f. July 16, 2020 or such other date as may be mutually agreed.

The relevant information pursuant to Regulation 30 of SEBI LODR read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, is as under:

S.No.	Particulars	Information
a)	Reasonforchangeviz.appointment, resignation, removal,death or otherwise	Consequent upon intimation of decision byMr. Abhesh Verma to step-down from theposition of CEO (KMP) of the Company witheffect from June 30, 2020 (closing businesshours), Mr. Puneet Jain has been appointedas CEO (KMP) of the Company w.e.f. July16, 2020 or such other date as may bemutually agreed.Mr. Puneet Jain has also been appointed asas CEO (KMP) of HT Digital Streams Limited(wholly-owned subsidiary company).
b)	Date of appointment/ resignation (asapplicable) & terms of appointment	Mr. Puneet Jain appointed as CEO (KMP)w.e.f. July 16, 2020 or such other date asmay be mutually agreed.

c)	Brief Profile (in case of appointment)	Mr. Puneet Jain has completed his MBA fromthe Indian Institute of Management (IIM),Calcutta and is a graduate in engineeringfrom Netaji Subhash Institute of Technology(NSIT), University of Delhi. During a careerspan of more than 9 years, he has workedwith Accenture Consulting in Managementconsulting role as Engagement Manager. Inhis last assignment, he was associated withPAYTM as Senior Vice President-Payments,where he was leading the Payment GatewayBusiness.
d)	Disclosure of relationships betweenDirectors (in case of appointment ofa director)	None/Not Applicable

This is for your information and records.

Thanking you,

Yours faithfully, For DIGICONTENT LIMITED

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(Vikas Prakash)

Company Secretary