Corporate Governance29 Sept 2026, 03:35 pm
CG Vak Software Independent Directors Complete Tenure
AI Summary
CG Vak Software & Exports Ltd announced the completion of tenure for three Independent Directors: Mr. K. Kathirvel, Mr. R. Krishnaswamy, and Mr. G. S. Swaminathan. Their terms concluded on September 28, 2026, as per the prescribed tenure. The company stated that their cessation is solely due to the completion of their term and not due to resignation, removal, or disqualification. The Board of Directors expressed sincere appreciation for their valuable contributions during their tenure.
Key Highlights
- Three Independent Directors completed their term on September 28, 2026.
- Cessation is due to completion of tenure, not resignation or removal.
- Board acknowledges valuable contributions of the departing directors.
- No other reasons cited for the directors' departure.
Price Impact
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