CG-VAK Software & Exports has declared a dividend of ₹1 per equity share. The payout represents a 10% distribution on the company’s equity share capital.

The firm fixed the record date for the dividend as September 21, 2026. Shareholders holding units on this date will be eligible for the payment.

Dividend Timeline

The company outlined the schedule for the dividend disbursement in its intimation to the BSE Limited.

The announcement follows an earlier intimation dated September 3, 2026. J Harcharan, Company Secretary, confirmed the details in the filing signed on September 5, 2026.

CG-Vak Software & Exports has strengthened its Board composition by appointing three new Independent Directors effective August 5, 2026. The Board of Directors, meeting on August 5, 2026, approved the appointments of Vasudevan Kidambi, S. Muthukumar, and Mani Ravindran as Additional Directors in the capacity of Non-Executive, Independent Directors. Additionally, the Board proposed the appointment of A. Sankar as an Independent Director with effect from September 28, 2026, pending shareholder approval at the company’s ensuing General Meeting.

The appointments were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. All four appointees have been cleared for their roles, with disclosures confirming they are not related to any existing Director of the Company or its Subsidiaries and are not debarred from holding office by SEBI or any other authority.

New Appointees Profile

The newly appointed directors bring diverse expertise in business transformation, logistics, retail distribution, and banking. Their terms are set for five consecutive years until the conclusion of the 36th Annual General Meeting (AGM), subject to shareholder ratification.

Strategic Expertise Added

Vasudevan Kidambi joins with over three decades of experience in corporate strategy, governance, and digital transformation across India, the Middle East, Africa, and international markets. His expertise includes ESG sustainability, risk management, and leadership development.

S. Muthukumar brings more than 30 years of experience in warehousing businesses, with specialized knowledge in general management, finance, accounting, and logistics.

Mani Ravindran contributes 40 years of experience in retail distribution, institutional sales, and supply chain management within the FMCG, consumer electronics, and telecom sectors.

A. Sankar, a retired Indian Bank Manager, offers extensive knowledge in the financial and banking sectors, specializing in general management, accounting, and finance.

Regulatory Compliance

The Company Secretary, Harcharan J (M.No. F13586), confirmed that all necessary disclosures have been submitted to the BSE Limited. The appointments aim to enhance board diversity and governance capabilities, aligning with regulatory requirements for independent director representation.