Excelsoft Technologies Limited has informed the Exchange regarding Appointment of Mr Doreswamy Palaniswamy as Chief Executive Officer of the company w.e.f. April 01, 2026.
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Excelsoft Technologies has appointed Mr. Doreswamy Palaniswamy as its new Chief Executive Officer, effective from the start of business hours on April 01, 2026. The appointment was approved by the Board on March 27, 2026, based on the recommendation of the Nomination and Remuneration Committee. Mr. Palaniswamy is a Chartered Accountant and an alumnus of IIM Bangalore, bringing over 25 years of leadership experience across technology, services, and financial management. He has previously held senior roles at ISS, Quess Corp, SMS, and KPIT, and co-founded CredoPay Technology Services. He is not related to any existing directors or KMPs, holds no shares in the company, and has not been debarred by SEBI.
The appointment of an experienced external CEO signals a strategic push toward scaling the business, entering new industry verticals, and strengthening governance. For shareholders, this is a positive leadership transition that could support long-term growth, though the actual impact will depend on execution.