Cosyn Ltd seeks approval for Madhuri Muddana as Independent Director
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.
*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.19% | +2.33% | +3.32% | -2.01% | -12.64% | -39.89% |
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?
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