Capricorn Systems Global Solutions Limited held its 41st Annual General Meeting on September 29, 2026, via Video Conferencing. The members adopted the audited financial statements for the fiscal year ended March 31, 2026.

The company confirmed that all resolutions proposed in the notice were passed. Key decisions included the re-appointment of Manmohan Rao Suddhala as Managing Director and the appointment of two new Independent Directors to strengthen board composition.

Board appointments and governance changes

The AGM addressed several critical governance matters alongside the adoption of accounts. The shareholders approved the following key personnel changes:

• Re-appointment of Managing Director: Manmohan Rao Suddhala was re-appointed as Managing Director of the company.
• Independent Director Appointments: Kondaipally Vamshi Krishna and Nageswara Rao Parimi were appointed as Independent Directors.
• Re-appointment of Independent Director: Vuddaraju Triveni was re-appointed for a second term as a Non-Executive Independent Director.
• Secretarial Auditors: M/s. MVK & Associates were appointed as Secretarial Auditors for a term of five consecutive years.

Meeting proceedings and voting

The meeting commenced at 11:15 am and concluded at 11:48 am. Maruthi Padmaja Prayaga, Company Secretary and Compliance Officer, welcomed the members and confirmed the presence of a requisite quorum. The Notice convening the AGM and the Auditors' Report were taken as read with the consent of the members present.

Remote e-voting facilities were available from September 26, 2026, to September 28, 2026. Members who did not vote remotely had the option to cast their votes during the meeting itself. M/s. MVK & Associates served as the Scrutinizer for the voting process.

What the numbers show

While specific financial figures such as revenue or profit were not disclosed in this summary of proceedings, the document confirms the formal adoption of the Balance Sheet, Statement of Profit and Loss, and Cash Flow Statement for FY26. The absence of detailed financial data in this filing indicates that investors should refer to the separate financial results announcement for quantitative performance metrics. The primary focus of this disclosure is on corporate governance updates and directorial continuity.

Capricorn Systems Global Solutions Limited has reconstituted its Board of Directors, appointing a new Managing Director and two additional independent directors following the resignation of two existing independent directors. The company also announced the schedule for its 41st Annual General Meeting (AGM).

The Board meeting held on September 2, 2026, approved several key governance changes subject to shareholder approval at the upcoming AGM.

Board Appointments and Resignations

The company appointed Mr. Manmohan Rao Suddhala as Managing Director for a one-year term from October 1, 2026, to September 30, 2027. Mr. Suddhala, an engineering graduate with over 49 years of managerial experience across textiles, paper, and software services, holds 6.42% of the company’s shares (17,95,223 equity shares).

Two independent directors resigned effective September 2, 2026:

• Mrs. Lakshmi Gurram
• Mr. Kollu Venkata Srinivasa Rao

Both cited personal and professional commitments as reasons for their departure and confirmed no other material reasons for resignation.

To replace them, the Board appointed:

• Mr. Kondaipally Vamshi Krishna, a practicing advocate with expertise in corporate and regulatory matters.
• Mr. Nageswara Rao Parimi, a professional with experience in real estate development and business management.

Both will serve as Non-Executive Independent Directors for five-year terms starting September 2, 2026.

Additionally, Mrs. Vuddaraju Triveni was re-appointed as an Independent Director for a second five-year term beginning September 3, 2026.

Committee Reconstitution

The newly appointed directors have been assigned to key board committees:

AGM and Secretarial Audit

The 41st AGM is scheduled for Tuesday, September 29, 2026, at 11:00 am via video conferencing or other audio-visual means (VC/OAVM). The Register of Members and Share Transfer Books will remain closed from September 23 to September 29, 2026.

The cut-off date for determining eligibility to vote is September 22, 2026. Remote e-voting commences on Saturday, September 26, 2026, at 9:00 am and ends on Monday, September 28, 2026, at 5:00 pm. CDSL will provide e-voting facilities, while M/s. MVK & Associates has been appointed as Scrutinizer for the e-voting process and as Secretarial Auditors for five years (FY27 to FY31).