CDSL has informed the Exchange regarding the SEBI s approval for appointment of Shri Amit Mahajan and Smt. Nayana Ovalekar, as Executive Directors for Vertical 1 & 2, respectively, on the Governing Board of the Company.
CDSL · price
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CDSL has received SEBI approval for appointing two Executive Directors to its Governing Board. Shri Amit Mahajan has been appointed as Executive Director for Vertical 1 (Critical Operations) and Smt. Nayana Ovalekar has been appointed as Executive Director for Vertical 2 (Regulatory, Compliance, Risk Management & Investor Grievances). The appointments follow an earlier intimation made on May 2, 2026. SEBI conveyed its approval via letters dated and received on May 25, 2026. Both appointments will be effective from their respective joining dates and are subject to ratification by the company's shareholders.
The appointments strengthen CDSL's governance structure with dedicated executive oversight for critical operations and regulatory functions. This is a routine corporate governance update with no material impact on shareholders, as shareholder ratification is a procedural requirement.