Management Change14 Oct 2026, 01:34 pm
CG Vak Subsidiary Appoints Independent Director
AI Summary
CG Vak Software & Exports Ltd announced the appointment of Mr. S. Muthukumar as an Independent Director to its wholly owned subsidiary, CG-VAK Software USA Inc. The appointment is effective from October 14, 2026. Mr. Muthukumar is a businessman with an engineering graduation and MBA, possessing over 30 years of experience in general management, finance, accounting, and logistics. He is not related to any director of the company or its subsidiary and is not debarred from holding a directorship by any regulatory authority.
Key Highlights
- Independent Director appointed to US subsidiary.
- Appointment effective October 14, 2026.
- Director has extensive business and management experience.
- No relationship with existing directors.
- Director is compliant with regulatory requirements.
Price Impact
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