COSYN appoints Madhuri Muddana as independent director for three-year term

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Reviewed by
Naman SScanX News Team
Key Highlights

COSYN Ltd appointed Ms. Madhuri Muddana as Non-Executive Independent Director. Appointment effective May 26, 2026, for a three-year term. Ms. Muddana is a Fellow Chartered Accountant with 25+ years of experience. She serves as founding partner of Madhuri & Co., Chartered Accountants. Disclosure made under SEBI LODR Regulation 30.

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COSYN Limited appointed Ms. Madhuri Muddana as a Non-Executive Independent Director effective May 26, 2026. The appointment was approved by the Board of Directors for a term of three years.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ms. Muddana’s Director Identification Number is 01761420.

Board Appointment Details

Ms. Muddana joins the board with effect from May 26, 2026. Her tenure will last for three years from the date of appointment. There are no disclosed relationships between her and other directors of the company.

Particulars Details
Name Ms. Madhuri Muddana
DIN 01761420
Role Non-Executive Independent Director
Term Start Date May 26, 2026
Tenure Three years

Professional Background

Ms. Muddana is a Fellow Chartered Accountant with more than 25 years of experience in public practice. She serves as the founding partner of Madhuri & Co., Chartered Accountants, based in Hyderabad.

Her expertise covers statutory audit, taxation, and regulatory compliance. She holds specialized ICAI certificate courses in Concurrent Audits of Banks, GST, Forex and Treasury Management, Anti-Money Laundering, and Forensic Accounting and Fraud Detection.

Ms. Muddana meets the independence criteria prescribed under Section 149(6) of the Companies Act, 2013 and the SEBI LODR Regulations, 2015.

Historical Stock Returns for COSYN

1 Day5 Days1 Month6 Months1 Year5 Years
+4.79%+17.90%+17.62%+9.52%-0.41%-8.07%

How might Ms. Muddana's expertise in forensic accounting and fraud detection influence COSYN's internal governance and risk management strategies?

Does this appointment signal a strategic shift towards strengthening financial compliance ahead of any anticipated regulatory changes or audits?

What specific areas of the board's oversight, such as audit or remuneration committees, is Ms. Muddana expected to join given her Chartered Accountant background?

Cosyn Ltd seeks approval for Madhuri Muddana as Independent Director

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Reviewed by
Riya DScanX News Team
Key Highlights

Cosyn Limited has initiated a postal ballot process to secure shareholder approval for the appointment of Ms. Madhuri Muddana as a Non-Executive Independent Director for a three-year term effective May 26, 2026. The company has scheduled remote e-voting from July 24, 2026, to August 22, 2026, with July 17, 2026, as the record date for eligibility. Ms. Muddana, a Fellow Chartered Accountant with over 25 years of experience, currently serves as the founding partner of Madhuri & Co., Chartered Accountants.

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Cosyn Limited has issued a postal ballot notice seeking shareholder approval for the appointment of Ms. Madhuri Muddana as a Non-Executive Independent Director for a term of three consecutive years. The appointment, subject to regulatory approval, is effective from May 26, 2026, to May 25, 2029. Ms. Muddana was appointed as an Additional Director by the Board on May 26, 2026, and holds DIN 01761420.

The Board of Directors approved the issuance of the notice pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resolution requires a special majority. Ms. Muddana is a Fellow Chartered Accountant with over 25 years of experience and is the founding partner of Madhuri & Co., Chartered Accountants. She has confirmed she meets the criteria of independence under Section 149(6) of the Companies Act, 2013, and Regulation 16(1)(b) of the SEBI Listing Regulations.

Remote E-Voting Details

The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate remote e-voting. The e-voting period commences on Friday, July 24, 2026, at 9:00 a.m. IST and concludes on Saturday, August 22, 2026, at 5:00 p.m. IST. The cut-off date for determining shareholder eligibility is Friday, July 17, 2026.

Smt. Durga Bhavani Agarwal and/or Mr. Arun Marepally, partners of M/s. A. S. Ramkumar & Associates, Company Secretaries, Hyderabad, have been appointed as Scrutinizers. The results of the postal ballot will be announced on or before 5:00 p.m. IST on Tuesday, August 25, 2026.

Director Profile

Detail Information
Name Ms. Madhuri Muddana
DIN 01761420
Date of Birth 26.08.1973 (52 years)
Qualification Chartered Accountant (FCA)
Expertise Over 25 years in public practice; Founding partner of Madhuri & Co., Chartered Accountants
Directorship in other companies NSL Sugars (Tungabhadra) Limited
Remuneration Sitting fees for attending Board and Committee Meetings
Equity Shares held in Cosyn Limited Nil

Historical Stock Returns for COSYN

1 Day5 Days1 Month6 Months1 Year5 Years
+4.79%+17.90%+17.62%+9.52%-0.41%-8.07%

How will Ms. Muddana's extensive financial expertise influence Cosyn Limited's future audit and risk management strategies?

What specific committees, such as audit or remuneration, is Ms. Muddana expected to join, and how might this shape corporate governance?

Given her zero shareholding, how will Ms. Muddana's independence impact potential shareholder activism or major decision-making processes?

More News on COSYN

1 Year Returns:-0.41%