Centrum Capital Appoints Manmohan Shetty as Additional Director
Centrum Capital Limited appointed Mr. Manmohan Shetty as an Additional Director (Non-Executive, Non-Independent) effective August 05, 2026. This follows the end of his term as Independent Director on August 04, 2026. His appointment requires shareholder approval. Mr. Shetty is the founder of Adlabs Films and Adlabs Entertainment.
The appointment of a new director, especially one with significant industry experience like Mr. Manmohan Shetty, can have a medium-term impact on the company's strategic direction and governance.
The announcement details a change in directorship, which is a routine corporate governance event. There are no immediate financial implications mentioned.
Centrum Capital Limited has announced a change in its board composition. The term of Mr. Manmohan Shetty as an Independent Director concluded on August 04, 2026.
Subsequently, the Board of Directors, through a circular resolution passed on July 16, 2026, has appointed Mr. Manmohan Shetty as an Additional Director. This appointment is Non-Executive and Non-Independent, and it will be effective from August 05, 2026. The appointment is subject to shareholder approval.
Mr. Manmohan Shetty is a notable figure in the Indian entertainment industry, known as the founder of Adlabs Films Limited and Adlabs Entertainment Limited, which developed the "Imagicaa" theme park. He has held significant positions, including Chairman of the National Film Development Corporation, and is not related to any existing director of Centrum Capital. He is not debarred from holding a director's office by any regulatory authority.
What to do with a filing like this
Centrum Capital Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Centrum Capital Limited. Read the original for the full detail.