Clarification pursuant to the intimation filed on September 05, 2025
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Cospower Engineering has submitted a clarification to BSE regarding its September 5, 2025 disclosure about the resignation of Independent Director Mr. Edwin E R Cotta (DIN: 02691199), effective September 1, 2025, due to professional commitments. The clarification fills in a previously omitted detail: Mr. Cotta also serves as a Whole-time Director at Mac Hotels Limited and is a member of its Stakeholders Relationship Committee. The original board meeting also approved the appointment of Mr. Atul Damodar Dharap (DIN: 06699876) as Additional Non-Executive Independent Director for a 5-year term. Board committees have been reconstituted, with Mr. Dharap now chairing the Audit Committee and Nomination & Remuneration Committee.
This is a procedural clarification with no change to the original event — the independent director vacancy was already filled on the same day. No material impact expected on shareholders or the stock.