Cords Cable Industries Limited has informed the Exchange regarding Appointment of Mr Mr. Praveen Verma as Non- Executive Independent Director of the company w.e.f. October 01, 2025.
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Cords Cable Industries has appointed Mr. Praveen Verma as a Non-Executive Independent Director for a first term of five years, from October 1, 2025 to September 30, 2030. Shareholders approved the appointment at the 34th Annual General Meeting held on September 29, 2025, following a recommendation by the Nomination and Remuneration Committee and the Board. Mr. Verma replaces Mr. Prem Kumar Vohra, whose second term as Independent Director expires on March 29, 2026. He is a B.Sc. (Engg) graduate in Electronics and Telecommunications with over four decades of experience in operations, business development, and strategic management, and was formerly Managing Director of Procon Instrumentation Pvt. Ltd.
This is a routine independent director succession well ahead of the outgoing director's term expiry, helping the company maintain board continuity and meet SEBI composition norms. No material impact on shareholders or stock price is expected.