MUMBAI, India, Oct. 23, 2015 /PRNewswire/ -- Videocon d2h Limited (NASDAQ:VDTH) ("Videocon d2h"), India's fastest growing DTH service and India's most valued company on NASDAQ by market capitalization, announced that the shareholders of the Company approved the appointment of Mrs. Geetanjali Kirloskar as an Independent Director, subject to the approval of the Ministry of Information and Broadcasting.
Geetanjali Kirloskar is a successful entrepreneur and the chairperson of Sakra World Hospital. She is also a Director in Kirloskar Systems Limited and chairs several committees of leading trade associations such as Federation of Indian Chamber of Commerce and Industry (FICCI). Geetanjali Kirloskar has also been a successful and reputed advertising professional. She ran her own advertising agency – Pratibha Advertising until 1998, when she entered into a joint venture with Inter Public Group Worldwide (IPG Worldwide), one of the world's largest advertising agencies. She set up the first non-profit venture for cultural integration between two countries, India and Japan, called the India-Japan Initiative (IJI). Geetanjali Kirloskar is also an Honorary Consul for Finland at Bangalore.
"We are delighted to have Mrs. Geetanjali Kirloskar on our board," said Mr. Saurabh Dhoot, Executive Chairman, Videocon d2h. "She brings a wealth of knowledge and experience in the fields of advertising, branding and media. She is a multifaceted and multi-dimensional personality, her dynamism and creative pursuits across various industries are well known. I believe that the vast experience that she brings to the table will be of great value in terms of creative aspects for our brand."
Mrs. Geetanjali Kirloskar said, "I am an avid user of Videocon d2h services and have tremendous respect for the company's ability to innovate and grow. I am delighted to join the Videocon d2h board and with my experience in advertising and branding, I look forward to contributing to its continued success."
A multi-faceted personality, she has also anchored the first reality show of its kind in India – Life's Like That for Times Now channel. She has acted in Girish Karnad's movie "Cheluvi" and "Samay". She is a keen sportswoman and her interests range from mountaineering, rafting, tennis to golf. She is active through the day, walking more than 12,000 steps per day. She has a regular yoga and fitness routine through the week. Geetanjali is an art collector, travels for historical sight-seeing and writes often for leading newspapers & magazines like Times of India, Economic Times and others.
GVK, as she is fondly known, firmly believes in women empowerment, the power of youth in India and the development agenda of the present government.
Note to Editors: About Videocon d2h
Videocon d2h is India's fastest growing DTH service provider which offers over 525 channels and services. Videocon d2h also offers 40 "HD" channels and services. It launched India's first 4K Ultra HD DTH channel. Videocon d2h offers India's first 1000 GB High Definition Digital Video Recorder and is the first DTH service provider to offer Radio Frequency Remote Control (available with High Definition Digital Set Top Box with unlimited recording). Powered by the MPEG-4 and DVB-S2 technology, Videocon d2h offers services such as 12 PIP Mosaic, d2h Cinema, weather updates and multiple tickers to transform your TV into a hub of entertainment and knowledge. It offers High Definition channels in 1080p, HDD Sound and 16:9 aspect ratio. Apart from these, it also offers the Active Music service, which includes 41 Audio / Video active music channels, 24-hrs a day. In addition, Videocon d2h provides round-the-clock prompt and efficient customer support in nine regional languages in addition to English and Hindi from the dedicated 8 Customer care centres present in seven locations. Videocon d2h is the most valued Indian company on NASDAQ by equity market capitalization as of 30th Sept 2015 and was the first Indian media company to be listed on NASDAQ.
Forward looking statements
This announcement may contain forward-looking statements, as defined in the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995. In addition to statements which are forward-looking by reason of context, the words "may", "will", "should", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" and similar expressions identify forward-looking statements. We caution you that reliance on any forward-looking statement involves risks and uncertainties that might cause actual results to differ materially from those expressed or implied by such statements. These and other factors are more fully discussed in the Videocon d2h's annual report on Form 20-F filed with the SEC and available at http://www.sec.gov. All information provided in this announcement is as of the date hereof, unless the context otherwise requires. Other than as required by law, Videocon d2h does not undertake to update any forward-looking statements or other information in this announcement.
SOURCE Videocon d2h Limited