Nucleus Software Exports Limited has informed the Exchange regarding Outcome of Board Meeting held on August 20, 2025.
NUCLEUS · price
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Nucleus Software Exports' Board of Directors, at its meeting on August 20, 2025, approved the designation of Mr. Vishnu R Dusad, the current Managing Director and co-founder, as the Interim Chief Financial Officer of the company. The appointment is based on recommendations from the Audit Committee and Nomination and Remuneration Committee and is effective from August 20, 2025. Mr. Dusad will serve in this interim capacity until the Board appoints a new full-time CFO. Mr. Dusad is an IIT Delhi alumnus and co-founded Nucleus Software in 1983.
This is an interim arrangement with the MD and co-founder taking on additional financial oversight responsibilities, suggesting a transitional period until a new CFO is found. Shareholders should watch for the formal appointment of a permanent CFO, as the duration of this interim arrangement may signal the company's urgency in filling the role.