BSECOSYN LtdMediumNeutral
Announced Tue, 26 May · 19:04 IST

We hereby inform you that the Board of Directors have appointed Ms. Madhuri Muddana as an Additional Director designated as Independent Director subject to approval of members

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-7.0%1-day move
₹21.68
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AI summary

COSYN Ltd's Board of Directors has appointed Ms. Madhuri Muddana as an Additional Director designated as Independent Director effective 26th May 2026 for a tenure of 3 years, subject to shareholder approval. Ms. Madhuri is a Fellow Chartered Accountant with over 25 years of experience in public practice, serving as founding partner of Madhuri & Co., Chartered Accountants. She brings expertise in statutory audit, taxation, regulatory compliance, and has specialized training in areas including GST, forex, treasury management, anti-money laundering, and forensic accounting. The company has confirmed she meets the independence criteria under Section 149(6) of the Companies Act 2013 and SEBI LODR 2015. No relationships between directors have been disclosed.

Likely market impact

The appointment strengthens the board's independent oversight with a qualified chartered accountant, which is positive for corporate governance. However, it remains subject to member approval at the next general meeting.