CMS Info Systems Limited has informed the Exchange regarding Change in Director(s) of the company.
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CMS Info Systems announced that Ms. Sayali Karanjkar (DIN: 07312305) retired as an Independent Director on December 31, 2025, after completing her second term. The Board has approved the name of Ms. Vidya Krishnan (DIN: 09669166) as an Independent Director Designate, subject to receiving a No Objection Certificate from her former employer, State Bank of India (SBI). Ms. Krishnan brings nearly four decades of experience with the SBI Group, including her most recent role as Deputy Managing Director (IT), where she led SBI's Global IT Centre and was instrumental in scaling the YONO digital banking platform and SBI UPI ecosystem. Her expertise covers enterprise technology, digital platforms, AI in financial services, and IT risk management, which aligns with CMS Info Systems' technology-driven solutions focus.
This is a routine board transition with no negative implications. The new Independent Director brings strong banking technology and digital transformation expertise from SBI, which could be value-additive for governance and strategic direction. No material impact on shareholders or stock price is expected.