
Capricorn Systems Appoints New MD, Reconstitutes Board Committees
Capricorn Systems Global Solutions Ltd announced key management and board changes following a Board Meeting on September 02, 2026. Mr. Manmohan Rao Suddhala has been appointed as the Managing Director for a one-year term starting October 1, 2026. The company also re-appointed Mrs. Vuddaraju Triveni as a Non-Executive Independent Director and appointed Mr. Kondaipally Vamshi Krishna and Mr. Nageswara Rao Parimi as Additional Non-Executive Independent Directors. The Board also approved the reconstitution of its committees and the Board's Report for FY2025-2026. The 41st Annual General Meeting is scheduled for September 29, 2026. Additionally, the company noted the resignation of two Non-Executive Independent Directors, Mrs. Lakshmi Gurram and Mr. Kollu Venkatasrinivasa Rao.
Key Highlights
- Manmohan Rao Suddhala appointed as Managing Director.
- Two new Independent Directors appointed to the Board.
- Board committees have been reconstituted.
- 41st Annual General Meeting scheduled for September 29, 2026.
- Two Non-Executive Independent Directors resigned.
Price Impact
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