
Management Change6 Aug 2026, 02:49 pm
CG Vak Software Appoints Three Additional Directors as Independent Directors
AI Summary
CG Vak Software & Exports Ltd announced the appointment of Mr. Vasudevan Kidambi, Mr. S. Muthukumar, and Mr. Mani Ravindran as Additional Directors in the capacity of Non-Executive, Independent Directors, effective August 5, 2026. The board also proposed the appointment of Mr. A. Sankar as an Independent Director, effective September 28, 2026, subject to shareholder approval at the upcoming General Meeting. These appointments are in line with SEBI (LODR) Regulations, 2015. The company provided detailed profiles and disclosures for the appointed directors, confirming they are not related to existing directors and are not debarred from holding directorships.
Key Highlights
- Three new Non-Executive Independent Directors appointed to the board.
- One additional Independent Director proposed, pending shareholder approval.
- Appointments effective August 5, 2026, and September 28, 2026.
- All directors confirmed to be unrelated to current management.
- Appointments comply with SEBI LODR Regulations.
Price Impact
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