CVCG Vak Software & Exports531489Board structure update

Board Meeting Outcome: Committees Reconstituted, Independent Director Appointed in US Subsidiary

Board meeting outcome – 14 Oct 2026.

By ScoutQuest · Wed 14 Oct 2026, 1:28 PM IST · 1 min read

Audit Committee

4 members, chaired by Mr. S. Muthukumar

Nomination and Remuneration Committee

4 members, chaired by Mr. S. Muthukumar

Investors' Grievance Committee

5 members, chaired by Mr. S. Muthukumar

Committee reconstitution approved

• The board approved the reconstitution of three committees, each chaired by Mr. S. Muthukumar.
• Audit Committee: 4 members – Mr. S. Muthukumar (Chairman), Mr. A. Sankar (Member), Mr. Mani Ravindran (Member) and Mr. Vasudevan Kidambi (Member).
• Nomination and Remuneration Committee: 4 members – Mr. S. Muthukumar (Chairman), Mr. A. Sankar (Member), Mr. Mani Ravindran (Member) and Mr. Vasudevan Kidambi (Member).
• Investors' Grievance Committee: 5 members – Mr. S. Muthukumar (Chairman), Mr. A. Sankar (Member), Mr. Mani Ravindran (Member), Mr. Vasudevan Kidambi (Member) and Mrs. S. Latha (Member).

Appointment in the US subsidiary

• The board approved the appointment of Mr. S. Muthukumar (DIN: 00758407) as an Independent Director in CG-VAK SOFTWARE USA Inc, described in the update as the company's wholly owned subsidiary in the USA.

Meeting details

• The board meeting was held on 14 October 2026, commencing at 11:00 AM and concluding at 01:00 PM.

What these decisions cover

• The two committees that deal with financial oversight and director remuneration keep the same four names, with Mr. S. Muthukumar as Chairman of each.
• The Investors' Grievance Committee, which handles shareholder complaints, has 5 members – the same four plus Mrs. S. Latha.
• The subsidiary appointment places Mr. S. Muthukumar as an Independent Director on the board of the company's wholly owned US subsidiary, in addition to his committee roles at the parent company level.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

About ScoutQuest · Logos provided by Logo.dev