CG-VAK Software & Exports Limited has responded to a BSE inquiry regarding significant movement in its share price, confirming that no undisclosed information exists that could influence the stock's performance. The company submitted its clarification on April 09, 2026, following a query from the exchange dated April 08, 2026.

Regulatory Compliance and Disclosure

The company emphasized its consistent adherence to regulatory requirements in its response to BSE Limited. CG-VAK confirmed that it has maintained full compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring prompt communication of all material events to the stock exchange.

Company's Position on Price Movement

In its formal response, CG-VAK clarified that there is no undisclosed information or pending announcement that could impact the price or volume behavior of its shares. The company stated that all events and information bearing on its operations or performance have been promptly communicated to the stock exchange as required under regulatory guidelines.

The management specifically addressed three key points in their clarification:

• Consistent compliance with SEBI Regulation 30 requirements
• No undisclosed material information affecting share performance
• No pending announcements that could influence stock behavior

Market-Driven Movement Explanation

CG-VAK attributed the recent share price movements to market-driven factors and prevailing market conditions. The company and its management explicitly stated they have no connection with the observed price movements, emphasizing that the fluctuations are purely a result of market dynamics rather than any company-specific developments.

The clarification was signed by Company Secretary Harcharan J (Membership No. F13586) and submitted to the Department of Corporate Services at BSE Limited's Mumbai office. This response demonstrates the company's commitment to maintaining transparency and regulatory compliance in its communications with stakeholders and regulatory authorities.

G. Suresh has filed a regulatory disclosure with BSE Limited regarding an increase in his shareholding in cg-vak software & exports Limited through a share transmission transaction. The disclosure, made under the SEBI Substantial Acquisition of Shares and Takeovers Regulations 2011, details a significant change in the company's shareholding pattern.

Transaction Details

The share transmission from C. Ganapathy to G. Suresh was completed on February 25, 2026. The transaction involved the transfer of 4,06,350 shares, which qualified for exemption under Regulation 10(1)(g) of the SEBI regulations. This exemption eliminated the requirement for an open offer, as the acquisition fell under the permitted transmission category.

Official Filing Documentation

The formal disclosure was submitted through proper regulatory channels, with CG-VAK Software and Exports Limited's Company Secretary Harcharan J filing the required documentation on February 27, 2026. G. Suresh personally submitted his disclosure letter on February 26, 2026, ensuring compliance with post-transaction reporting requirements under Regulation 10(6).

Shareholding Changes

The transaction resulted in substantial changes to the shareholding structure:

G. Suresh's shareholding increased by 8.05 percentage points, making him the largest individual shareholder in the company with 26.90% stake.

Regulatory Compliance

The disclosure confirms that no prior announcement under Regulation 10(5) was required for this transaction. The filing was submitted to BSE Limited in compliance with the post-transaction disclosure requirements. The transaction's classification under Regulation 10(1)(g) provided the necessary exemption from making an open offer to other shareholders.

Share Capital Impact

The transmission represents a redistribution of existing shares rather than new issuance, with the total diluted share capital of CG-VAK Software & Exports Limited remaining unchanged. The promoter group's collective holding continues to represent a significant portion of the company's equity structure, with the four disclosed shareholders collectively holding 53.86% of the total share capital post-transaction.