Change in Director / Key Managerial Personnel
Nature of change: Resignation of Chief Technology Officer and appointment of successor
Cessation Details:
- Mr. Jinu Joseph resigned from the position of Chief Technology Officer and Senior Management Personnel
- Effective date: Closure of business hours on September 30, 2026
- Reason for resignation: Personal reasons
- Confirmed no other material factors influencing the decision
Appointment Details:
- Mr. Nishit Shrivastava appointed as Chief Technology Officer
- Effective date: October 1, 2026
- Term: Full Time Employment
- Designation: Senior Management Personnel of the Company
Brief Profile of New CTO:
- Brings over 24 years of experience in software development and financial services technology
- Extensive experience across fintech, digital transformation, technology strategy, and enterprise platforms
- Previously served as Chief Information and Technology Officer at Muthoot Fincorp (Muthoot Pappachan Group)
- Led technology initiatives spanning customer experience, data engineering, modern infrastructure, digital transformation, security, technology resilience, and enterprise AI
Regulatory Compliance:
- Appointment approved by Board of Directors through circular resolution passed on September 16, 2026
- Based on recommendation of the Nomination and Remuneration Committee
- Filing made under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Compliance with SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026
- No relationships between directors disclosed (not applicable)
Company Details:
- Company Secretary & Compliance Officer: Anuj Jain
- Address: M-5 Magnum House-1, Community Centre, Karampura, West Delhi, New Delhi - 110015, India