Nucleus Software Exports Limited has informed the Exchange regarding Appointment of Mr. Vishnu R Dusad as the Interim Chief Financial Officer of the company w.e.f. August 20, 2025.
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Nucleus Software Exports Limited has designated Mr. Vishnu R Dusad, the existing Managing Director and co-founder, as the Interim Chief Financial Officer (CFO) effective August 20, 2025. The appointment was approved by the Board based on recommendations from the Audit Committee and Nomination and Remuneration Committee. Mr. Dusad will hold this additional role on an interim basis until the Board appoints a new full-time CFO. He is an IIT Delhi alumnus who co-founded the company in 1983 and has been central to its growth as a financial technology player.
The interim arrangement signals a temporary vacancy in the CFO position, which may cause short-term uncertainty until a permanent appointment is made. However, having the co-founder and Managing Director step in should provide operational continuity and reassure shareholders in the interim.