
Capricorn Systems Global Solutions Appoints New Directors, Two Resign
Capricorn Systems Global Solutions Ltd announced significant board changes following a Board of Directors meeting on September 2, 2026. The company appointed Mr. Kondaipally Vamshi Krishna and Mr. Nageswara Rao Parimi as Additional Non-Executive Independent Directors for a term of five years, subject to member approval. Additionally, Mr. Manmohan Rao Suddhala was appointed as Managing Director for one year, also pending shareholder approval. The board also noted the resignations of Mrs. Lakshmi Gurram and Mr. Kollu Venkatasrinivasa Rao from their positions as Non-Executive Independent Directors, effective September 2, 2026. M/s. MVK & Associates has been appointed as Scrutinizer for the upcoming AGM.
Key Highlights
- Two new Independent Directors appointed to the Board.
- Managing Director appointed for a one-year term.
- Two Non-Executive Independent Directors have resigned.
- Company Secretary appointed as AGM Scrutinizer.
Price Impact
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