Announced Wed, 6 Aug · 19:13 IST

Intimation under Regulation 30 for re-appointment of Mr. Parveen Kumar Gupta as Public Interest Director and Chairperson for a period of three years w.e.f. September 06, 2025.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NSDL has informed BSE that SEBI has approved the re-appointment of Mr. Praveen Kumar Gupta as Public Interest Director (PID) and Chairperson of the NSDL Governing Board for a period of three years, effective September 06, 2025. Mr. Gupta has been associated with NSDL since September 06, 2022, and this re-appointment continues his existing role. He is a commerce graduate and an associate of the Institute of Company Secretaries of India and the Indian Institute of Bankers, with over 40 years of experience in the banking industry, including senior leadership roles at State Bank of India such as Managing Director and CFO. He has also served as Senior Advisor at Bank of Baroda and was part of an RBI expert committee on MSMEs. The disclosure is filed under Regulation 30 of SEBI LODR Regulations, 2015.

Likely market impact

This is a routine continuity announcement with no material change in leadership direction. Shareholders should see this as a stability signal, as an experienced chairperson with deep banking and regulatory background remains at the helm.