CG Vak Software & Exports Independent Director R. Jayaraman resigns
CG Vak Software & Exports (CGVAK) said R. The company is valued at about ₹73.58 crore.
What happened
In a filing with the BSE on 30 September 2026 at 05:57 PM, CG Vak Software & Exports (CGVAK) said that R. Jayaraman, Independent Director, has resigned.
From the filing: "Jayaraman, Independent Director of the Company resigned from the office of Independent Director w.e.f 30.09.2026."
Company snapshot
CG Vak Software & Exports is a micro-cap company, with a market value of about ₹73.58 crore.
The stock last traded at ₹145.7, against a 52-week range of ₹136.6–₹163.7 (11.0% below the high).
Before this filing the shares had moved −0.5% over the month. Average daily turnover over the last 20 sessions was about ₹0.03 crore.
Promoters held 53.87% at the end of Q1 FY27.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 14 | 2.7 | 5.38 |
| Q2 FY26 | 15 | 3.4 | 6.7 |
| Q3 FY26 | 15 | 3.2 | 6.26 |
| Q4 FY26 | 14 | -0.1 | -0.28 |
| Q1 FY27 | 14 | 1.9 | 3.71 |
What history shows
This is not the company's first management change disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
Market-wide, 3,833 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- The appointment of a successor and any change in strategy or guidance.
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.