Cosyn Limited Approves Q1 FY2026 Results and Re-appoints Executive Director
COSYN's Board of Directors approved unaudited financial results for Q1 FY2026 ending June 30, 2025, in a meeting on July 31, 2025. The results, prepared under Ind AS, were recommended by the Audit Committee and reviewed by statutory auditors. Additionally, Mr. Aeruva Bhopal Reddy was re-appointed as Executive Director for a one-year term effective August 12, 2025. The company has complied with SEBI regulations by disclosing these developments to the Bombay Stock Exchange.
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COSYN has announced the approval of its unaudited financial results for the first quarter of the fiscal year 2026 and the re-appointment of a key executive in a board meeting held on July 31, 2025.
Financial Results Approval
The Board of Directors of COSYN convened a meeting that lasted from 4:30 PM to 9:35 PM to review and approve the company's financial performance. The key points from the meeting include:
- Approval of unaudited standalone and consolidated financial results for the quarter ended June 30, 2025.
- The results were prepared in accordance with Indian Accounting Standards (Ind AS).
- The Audit Committee recommended the financial results before the board's approval.
- M/s. Suryanarayana & Suresh, Chartered Accountants, the company's statutory auditors, conducted a limited review of the financial statements.
Executive Re-appointment
In addition to the financial matters, the board made a significant decision regarding the company's leadership:
- Mr. Aeruva Bhopal Reddy has been re-appointed as Executive Director.
- The re-appointment is effective from August 12, 2025.
- Mr. Reddy's new term is set for one year.
This re-appointment suggests continuity in the company's executive leadership, which could be seen as a vote of confidence in the current management structure.
Regulatory Compliance
COSYN has adhered to the regulatory requirements by promptly disclosing these developments:
- The financial results approval and executive re-appointment were reported in compliance with Regulation 33 and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, respectively.
- The company has submitted the necessary documentation, including the un-audited financial results and the limited review report, to the Bombay Stock Exchange.
Investors and stakeholders can expect more detailed information about COSYN's financial performance for the quarter ended June 30, 2025, once the company releases its full quarterly report.
Historical Stock Returns for COSYN
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.87% | -1.47% | +11.13% | +16.20% | -43.85% | +1.88% |
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