Announced Fri, 15 May · 19:18 IST

SYSTMTXC: Appointment of Mr. Ratnadeep Acharyya as Managing Director & CEO - IB and designated him as Senior Management Personnel of the Company.

Management Changes View source PDF

SYSTMTXC · price

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Price reaction · full curve 14 horizons · vs prior close
+1.8%1-day move
₹66.79
prior close
₹63.39
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.3+1.3+1.5+1.8+0.3-0.5-2.1-0.1-0.4-0.4+0.3-3.4
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AI summary

Systematix Corporate Services Limited has appointed Mr. Ratnadeep Acharyya as Managing Director & CEO of its Investment Banking (IB) division, effective May 15, 2026. He has also been designated as Senior Management Personnel of the Company. This appointment was approved by the Board based on the recommendation of the Nomination and Remuneration Committee. Mr. Ratnadeep brings over 24 years of experience in Corporate & Investment Banking, having previously worked at SBI Capital Markets, JM Financial, BNP Paribas, ICICI Securities, and ICICI Bank Treasury. His notable transactions include leading IPOs for Bajaj Housing Finance, LIC of India, and several AMC companies. He holds an MBA in Finance from Boston University and a Masters in Economics from Cambridge University. Importantly, this role is not part of the Board of Directors.

Likely market impact

This appointment strengthens the company's Investment Banking leadership with an experienced professional from top-tier institutions. It signals focus on expanding the IB business. However, since the appointee is not joining the Board and existing Managing Director Nikhil Khandelwal continues in his role, this is a senior management addition rather than a change in overall company leadership.