CounterCyclical Investments Private Limited has increased its stake in Cochin Minerals & Rutile , crossing the 5% threshold that requires mandatory disclosure under SEBI regulations. The portfolio manager acquired additional shares through open market purchases.

Stake Increase Details

CounterCyclical Investments Private Limited executed the purchase through its clients, acquiring 2,048 shares of Cochin Minerals & Rutile on June 27, 2025. This move increased their total shareholding from 391,072 shares to 393,120 shares, pushing their stake just over the 5% mark of the company's paid-up share capital.

Regulatory Compliance

The transaction triggered a mandatory disclosure under the Securities and Exchange Board of India (SEBI) regulations for substantial acquisition of shares. These regulations are designed to ensure transparency in the stock market and protect the interests of shareholders by requiring the disclosure of significant changes in ownership.

Company Update

In a separate development, Cochin Minerals & Rutile recently announced a change in their compliance leadership. As per the company's disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements:

This change in the compliance team comes at a time when the company is experiencing shifts in its ownership structure, highlighting the importance of maintaining strong corporate governance practices.

The recent stake increase by CounterCyclical Investments and the appointment of a new Company Secretary and Compliance Officer indicate ongoing developments within Cochin Minerals & Rutile. Shareholders and potential investors may want to monitor further announcements from the company.

Cochin Minerals & Rutile , a leading player in the minerals industry, has announced a series of significant management changes. These appointments and transitions mark a new chapter in the company's leadership structure.

Key Management Appointments

The company has made several strategic appointments to strengthen its executive team:

Chairman Emeritus Appointment

Dr. S N Sasidharan Kartha, the chief promoter and founder Managing Director of Cochin Minerals & Rutile, has been appointed as Chairman Emeritus for a five-year term, effective August 8, 2025. This appointment is subject to shareholder approval at the upcoming Annual General Meeting.

Dr. Kartha's appointment recognizes his significant contributions to the company since its inception. Under his leadership, the company has grown from a 10,000 TPA capacity plant to a 50,000 TPA synthetic rutile producer, while also diversifying into water purifying chemicals production.

New Chief Financial Officer

Mr. Joby Mathew, a finance professional with over 15 years of experience, will take on the role of Chief Financial Officer from September 1, 2025. Mr. Mathew brings expertise in financial management, business transformation, treasury, risk, audit, and ERP systems to his new position.

Changes in Company Secretary Position

The company has announced a transition in the Company Secretary role:

• Mr. Suresh Kumar P will serve as interim Chief Financial Officer & Company Secretary from July 7, 2025, to August 31, 2025.
• Mr. Kumar will then transition to the role of Chief General Manager (Finance) & Company Secretary from September 1, 2025.
• Mr. Kumar will retire from his position on October 26, 2025.
• Ms. Sreedeepa S will assume the role of Company Secretary & Compliance Officer effective October 27, 2025.

Additional Appointments

Cochin Minerals & Rutile has also made two key professional service appointments:

1. M/s. SEP Associates has been appointed as Secretarial Auditors for a five-year term from 2025-26 to 2029-30, subject to shareholder approval.
2. M/s. Suri & Co., Chartered Accountants, has been appointed as Internal Auditors for a three-year term from 2025-26 to 2027-28.

These management changes and appointments reflect Cochin Minerals & Rutile's commitment to strengthening its leadership team and corporate governance practices.