Announced Wed, 6 May · 18:47 IST

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we wish to inform you that Mr. K. Kathirvel (DIN:09091676) is appointed as an Independent Director in our Wholly Owned Subsidiary, ....

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Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹209.90
prior close
₹207.05
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.4+3.4+3.4+2.5+2.0-1.0-4.7-3.8-4.7-2.5-7.1-9.0-20.5
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AI summary

CG Vak Software & Exports Ltd has disclosed the appointment of Mr. K. Kathirvel (DIN: 09091676) as an Independent Director in its wholly owned subsidiary, CG-VAK Software USA Inc, effective 06.05.2026. Mr. Kathirvel is already serving as an Independent Director on the parent company. He is a businessman with over 30 years of experience in construction and finance, specializing in general management, finance, accounting, and marketing. The disclosure confirms he is not related to any director of the company or its subsidiary and is not debarred from holding a director position by any SEBI order.

Likely market impact

This is a routine governance disclosure for a subsidiary-level appointment. It has no direct impact on the parent company's board composition or shareholder interests as the director already serves on the parent board.