Announced Wed, 11 Feb · 14:02 IST

Pursuant to Regulation 30 of SEBI (LODR), 2015, we inform you the that the designation of Mr. G. Suresh have been changed from Managing Director & CEO to Chairman & Managing Director.

Management Changes View source PDF

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AI summary

CG Vak Software & Exports has informed the stock exchanges that Mr. G. Suresh's designation has been changed from Managing Director & CEO to Chairman & Managing Director with effect from February 11, 2026. This is an internal restructuring where the Chairman and Managing Director roles have been combined into one position held by the existing leader. The CEO designation appears to have been dropped as part of this change. No new appointment or resignation is involved — Mr. Suresh continues on the board in a consolidated leadership role.

Likely market impact

This is a routine corporate governance update with no immediate impact on shareholders. It signals consolidation of leadership authority under the existing promoter-director, which may improve decision-making speed but also concentrates power at the top.