National Securities Depository Ltd

Senior Management Changes

• Appointment: Ashish Dandekar as CTO and Senior Management Personnel, effective 29 Sep 2026; profile: 33+ years in tech.
• Resignation: Kothandaraman Prabhakaran as CTO, ceased Sep 28, 2026; EVP until Oct 12, 2026.

National Securities Depository Limited trading window closed with effect from October 01, 2026; will reopen 48 hours after the announcement of the Unaudited (Standalone and Consolidated) financial results for the quarter and half year ended September 30, 2026.

Meeting Details

• Date: Monday, September 28, 2026
• Organizer: PL Capital Mid & Small Cap Conference
• Mode: In-person (physical)
• Location: Mumbai
• Type: Investor/Analyst Meeting

Additional Notes

• Schedule may change; updates to the Stock Exchange will be communicated
• Information available on NSDL website

AGM Details

• 14th AGM held on Sept 22, 2026 at 11:30 AM IST via Video Conferencing/OAVM.
• Meeting concluded at 1:32 PM IST.

Resolutions

• All agenda items approved by members.

Voting & Scrutiniser

• e-voting results and Scrutiniser's report indicate approval of items.

AGM details

• AGM held on 22 September 2026 at 11:30 IST via VC/OAVM.
• AGM concluded at 01:32 IST.
• 137 members attended representing 5,24,99,437 equity shares.
• Quorum confirmed; proxies not allowed in VC format.
• Scrutinizer appointed for e-voting (Mihen Halani).

Resolutions considered

• Adoption of audited standalone and consolidated financial statements for year ended 31 March 2026.
• Declaration of final dividend of ₹4 per equity share.
• Re-appointment of Sriram Krishnan as Non-Independent Director.
• Appointment of Subhash Kelkar as Executive Director for Vertical 1 (Special).
• Appointment of Ankit Sharma as Executive Director for Vertical 2 (Special).

Voting status

• Voting results to be announced separately; e-voting used at AGM.

Director changes

• Sriram Krishnan re-appointed as Non-Independent Director on rotation.
• Subhash Kelkar appointed Executive Director, Vertical 1.
• Ankit Sharma appointed Executive Director, Vertical 2.

Appointment of Ankit Sharma

• Type of change: Appointment of Ankit Sharma as Executive Director–Vertical 2.
• Name and designation: Mr. Ankit Sharma, Executive Director–Vertical 2.
• Effective date and term: 21 Sep 2026 for 5-year term.
• Reason: Appointment to NSDL Governing Board.
• Profile: MBA (University of Rajasthan); BSc; 30+ years in capital markets; ex-NSE regulatory chief.
• Relationships: None with other directors.
• Board impact: Joins NSDL Governing Board as Executive Director–Vertical 2.

AGM notice and annual report access

• AGM: 14th NSDL on 22 September 2026 at 11:30 IST via VC/OAVM.
• Web-link for accessing the FY2025-26 Annual Report provided to non-email shareholders.
• Exact web path: https://nsdl.com/annual-reports for the Annual Report 2025-26.
• KYC updation and dematerialisation of physical securities per SEBI circular.
• Cut-off date 21 August 2026 for email communications; contact queries via investor relations.

AGM Details

• AGM date/time: 22 September 2026, 11:30 IST, via VC/OAVM.
• Deemed venue: Registered Office, Bandra Kurla Complex, Mumbai.
• Book closure: 12–21 September 2026 inclusive.
• Record date for remote voting eligibility: 15 September 2026.
• Remote e-voting window: 18–21 September 2026.

Key Resolutions

• Ordinary: adopt Audited standalone and Consolidated Financial Statements.
• Ordinary: declare final dividend per equity share.
• Ordinary: re-appoint Sriram Krishnan as Non-Independent Director.
• Special: appoint Subhash Kelkar as Executive Director—Vertical 1.
• Special: appoint Ankit Sharma as Executive Director—Vertical 2.

Dividend

• Final dividend proposed/approved; ₹4 per equity share.
• Record date for dividend: 11 September 2026.

Director Changes

• Sriram Krishnan to be re-appointed as Non-Independent Director (retiring by rotation).
• Subhash Kelkar appointed Executive Director, Vertical 1 (Critical Operations).
• Ankit Sharma appointed Executive Director, Vertical 2 (Regulatory, Compliance, Risk, Investor Grievance).

Remuneration for Executive Directors

• Kelkar: five-year term; fixed pay plus incentive; other standard benefits.
• Sharma: five-year term; sign-on bonus; fixed pay plus incentive; other benefits.
• Notice period: three months from either side.

Voting Status

• Voting results for the resolutions are not disclosed in this filing chunk.

NSDL FY2025-26 Highlights

• Consolidated total income ₹1,660.16 Cr; PAT ₹380.01 Cr; YoY PAT up 10.75%.
• Standalone total income ₹835.13 Cr; PAT ₹360.60 Cr; Standalone PAT up 12.1%.
• Consolidated EPS ₹18.99.
• Custody value under NSDL custody (AUC) ₹477.29 Lakh Crore.
• NSDL market share 86%.
• Active Demat accounts 4.44 Crore.
• Demat accounts added in FY2025-26: 59.33 Lakh.
• NSDL equity listing on BSE occurred on 6 Aug 2025.
• Final dividend proposed: ₹4 per equity share.
• Record date for dividend: 11 Sep 2026.