Cospower Engineering Ltd — Important, 25-09-2025: Company Update

COSPOWER Engineering's board announced changes to its independent directorships. Mr. Edwin E R Cotta resigned due to professional commitments. The board then appointed Mr. Atul Damodar Dharap as an Additional and Non-Executive Independent Director for five years, a decision following committee input and pending shareholder approval. Mr. Dharap will chair the Audit and Nomination and Remuneration Committees and join the Stakeholders Relationship Committee. The company also clarified that the resigning director, Mr. Cotta, holds a whole-time directorship in Mac Hotels Limited, enhancing transparency regarding his other corporate affiliations.