CDSL has informed the Exchange about changes in the Governing Board of the Company.
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CDSL shareholders approved the appointment of Shri Rajesh Kumar (DIN: 11191844) as a Non-Independent Director at the 27th AGM held on August 14, 2025. He is nominated by Life Insurance Corporation of India (LIC) and his appointment is subject to SEBI approval. Kumar brings over 37 years of experience at LIC, where he currently serves as Director of the North Zone Zonal Training Centre. Separately, Shri Masil Jeya Mohan P, Non-Independent Director, retired by rotation at the same AGM after not seeking re-appointment, with his cessation effective from the conclusion of the meeting. The board placed on record its appreciation for Mohan's contributions during his tenure.
This is a routine, planned board change where an outgoing LIC-nominee director is being replaced by another LIC nominee. There is no disruption to management or operations, and the change is not expected to materially affect the stock price or shareholder interests.