Softsol India Limited , a company listed on the BSE, has announced a significant corporate action that could reshape its identity. The Board of Directors of the company has approved a proposal to change the company's name from "Softsol India Limited" to "Madala Holdings Limited" or any other name as may be approved by the Registrar of Companies (ROC).

Key Details of the Proposed Name Change

Implications and Process

The proposed name change, if implemented, would significantly alter the company's corporate identity and branding. However, it's important to note that this change is not yet final. The process involves several steps:

1. Board Approval: Achieved through the circular resolution on November 20, 2025.
2. Shareholder Approval: The next crucial step in the process.
3. Regulatory Approval: Final approval from the Registrar of Companies is required.

Regulatory Compliance

The company has duly informed the BSE Limited about this development, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency ensures that all stakeholders, including shareholders and potential investors, are kept informed about significant corporate actions.

What This Means for Stakeholders

While the reasons for the proposed name change have not been disclosed in the available information, such actions often signify a shift in company strategy, focus, or ownership structure. Shareholders and investors may want to keep a close eye on further announcements from Softsol India Limited for more details on the rationale behind this proposed change and its potential implications for the company's future direction.

As the process unfolds, more information is likely to emerge, particularly when the proposal is presented to shareholders for their approval. Stakeholders are advised to stay tuned for updates on this corporate action.

Softsol India Limited , a prominent player in the Indian IT sector, has announced a significant change in its leadership structure. Shareholders of the company have approved the appointment of Mr. Aravind Kumar Madala as both Director and Managing Director through a postal ballot voting process that concluded on November 15, 2025.

Key Highlights of the Appointment

• Appointment Duration: Mr. Madala has been appointed for a five-year term as Managing Director.
• Effective Date: The appointment is effective from September 1, 2025.
• Remuneration Details:
  • Fixed salary of Rs. 2,00,000 per month for the first three years.
  • Additional benefits include contributions to Provident Fund, Superannuation Fund, and gratuity.

Shareholder Approval Details

The appointment received overwhelming support from shareholders, as evidenced by the voting results:

Corporate Governance Implications

This appointment marks a significant change in Softsol India's leadership structure. The company has followed due process in accordance with the Companies Act, 2013, and SEBI regulations. The strong shareholder support suggests confidence in Mr. Madala's ability to lead the company.

About the Appointment Process

The appointment was made following recommendations from the Nomination and Remuneration Committee, Audit Committee, and Board of Directors. It complies with various regulatory requirements, including:

• Sections 152, 161, 196, 197, and 203 of the Companies Act, 2013
• Regulation 17 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

The comprehensive approval process and the strong shareholder support indicate a well-planned transition in Softsol India's top management.