COSYN Ltd (538922)

Cosyn Ltd announced that its Board of Directors approved the re-appointment of Mr. Ravi Vishnu as Chairman cum Managing Director for a period of 5 years, effective from January 15, 2027. The appointment remains subject to shareholder approval at the upcoming Annual General Meeting. Mr. Vishnu possesses over 35 years of industry experience in information technology and is part of the promoter group, which currently holds a 53.89% stake in the micro-cap software firm (TTM revenue of ₹11 crore).

• Re-appointment of Mr. Ravi Vishnu as Chairman cum Managing Director approved for a 5-year tenure
• Effective start date of the new term is January 15, 2027, subject to member approval at the AGM
• Executive brings over 35 years of experience across information technology domains
• Relationship disclosed: Spouse of director Mrs. Ravi Kasturi

COSYN Ltd's Board of Directors has approved the re-appointment of M/s. Suryanarayana & Suresh, Chartered Accountants, Hyderabad, as the company's Statutory Auditors for a period of 1 year for FY 2026-27. The decision was taken at the Board meeting held on August 31, 2026, and remains subject to the approval of shareholders at the upcoming Annual General Meeting. This is a standard corporate governance procedure ensuring audit continuity for the ₹17 Cr market cap company.

• Re-appointment of M/s. Suryanarayana & Suresh, Chartered Accountants, as Statutory Auditors.
• Tenure approved for a period of 1 year for FY 2026-27.
• Board approved the reappointment on 31st August 2026, subject to AGM shareholder approval.

COSYN Ltd announced outcomes of its Board Meeting held on August 31, 2026. The Board approved the re-appointment of Mr. Ravi Vishnu as Chairman cum Managing Director for a term of 5 years, subject to shareholder approval. Additionally, M/s. Suryanarayana & Suresh, Chartered Accountants, were re-appointed as Statutory Auditors for 1 year. The company's 32nd Annual General Meeting has been scheduled for Wednesday, September 30, 2026.

• Re-appointment of Mr. Ravi Vishnu as Chairman cum Managing Director for a 5-year term
• 32nd Annual General Meeting scheduled for September 30, 2026
• Re-appointment of M/s. Suryanarayana & Suresh as Statutory Auditors for 1 year

COSYN Ltd has informed the exchange about the appointment of Ms. Madhuri Muddana (DIN: 01761420) as a Non-Executive Independent Director for a term of 3 years, effective from May 26, 2026. Ms. Muddana is a Fellow Chartered Accountant (FCA) with over 25 years of public practice experience in statutory audit, taxation, and regulatory compliance. The filing represents a routine corporate governance and board-level appointment with no direct financial impact.

• Appointment of Ms. Madhuri Muddana as Non-Executive Independent Director
• Appointed for a tenure of 3 years with effect from May 26, 2026
• Appointee brings over 25 years of public practice experience as a Fellow Chartered Accountant
• No inter-se relationship disclosed with any existing directors

COSYN Ltd has announced the re-appointment of Mr. Aeruva Bhopal Reddy as Executive Director for a two-year term starting August 12, 2026. The decision was finalized by the Board on July 17, 2026, ensuring leadership continuity. This is a routine administrative update for the software products company, which has seen a -28.1% price return over the last 12 months. No changes to the management's strategic direction or compensation were detailed in this specific filing.

• Re-appointment of Mr. Aeruva Bhopal Reddy for a period of 2 years.
• The new term is effective from 12th August, 2026.
• The announcement was made on 17th July, 2026, following Board approval.
• The company's 12-month price return stands at -28.1%.

COSYN Ltd reported a 48.8% YoY increase in revenue from operations to ₹106.13 lakhs for the quarter ended June 30, 2026. Despite the top-line growth, total expenses rose significantly to ₹108.69 lakhs, resulting in a marginal decline in Net Profit to ₹3.53 lakhs from ₹3.73 lakhs in the previous year. The company's profitability remains extremely thin with a net margin of approximately 3.3%. Additionally, the board approved the re-appointment of Mr. Aeruva Bhopal Reddy as Executive Director for a two-year term.

• Revenue from operations increased by 48.8% YoY to ₹106.13 lakhs from ₹71.30 lakhs.
• Total expenses surged to ₹108.69 lakhs compared to ₹70.42 lakhs in the same quarter last year.
• Net Profit for the quarter stood at ₹3.53 lakhs, down slightly from ₹3.73 lakhs YoY.
• Paid-up equity share capital remains unchanged at ₹750.00 lakhs.
• Consolidated results show zero revenue and profit contribution from subsidiaries Cosyn LLC and WellTo Desk Inc.

COSYN Ltd reported a 48.8% YoY increase in consolidated revenue from operations to ₹106.13 lakhs for Q1 FY27. However, Profit After Tax (PAT) remained stagnant at ₹3.53 lakhs compared to ₹3.73 lakhs in the previous year, primarily due to a 261% surge in employee benefit expenses. The company continues to operate as a single-segment IT services provider with thin margins. Additionally, the board approved the re-appointment of Mr. Aeruva Bhopal Reddy as Executive Director for a two-year term.

• Consolidated Revenue from Operations increased to ₹106.13 lakhs from ₹71.30 lakhs in the same quarter last year.
• Employee benefit expenses rose significantly to ₹62.55 lakhs, representing 59% of operational revenue.
• Net Profit for the quarter stood at ₹3.53 lakhs, slightly lower than the ₹3.73 lakhs reported in Q1 FY26.
• The board approved the re-appointment of Executive Director Aeruva Bhopal Reddy for a 2-year term starting from the date of the meeting.
• Total expenses for the quarter reached ₹108.69 lakhs, nearly matching the total income of ₹111.89 lakhs.