Intimation under Regulation 30 with regards to SEBI approval received for re-appointment of Mr. Sanjay Panicker as Non Independent Director.
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NSDL has informed the stock exchanges that SEBI has approved the re-appointment of Mr. Sanjay Panicker (DIN 03531776) as a Non-Independent Director on NSDL's Governing Board, effective September 29, 2025. The approval was received via SEBI's letter dated November 21, 2025, which NSDL received on November 24, 2025. Mr. Panicker has been associated with NSDL since January 1, 2025, and currently serves as Executive Director at IDBI Bank Limited. He holds a mechanical engineering degree, an MBA from University of Pune, and has over 28 years of experience in corporate financing and accounts. This is a regulatory intimation under SEBI's Listing Regulations, with no change in the company's operations or financials.
This is a routine corporate governance update with no material impact on the company's financials or stock price. It confirms board continuity with a familiar director.