Change in Director / Key Managerial Personnel
Nature of change: Appointment and retirement of Non-Independent Directors
Appointment Details:
- Name: Smt. Geetha Gangadharan (DIN: 11311971)
- Position: Non-Independent Director
- Nominating Entity: BSE Limited
- Effective Date: Subject to SEBI approval (date of approval will be effective date)
- Tenure: Shall be liable to retire by rotation as per applicable laws
Retirement Details:
- Name: Ms. Kamala Kantharaj (DIN: 07917801)
- Position: Non-Independent Director
- Effective Date: July 30, 2026 (conclusion of 28th Annual General Meeting)
- Reason: Retired by rotation pursuant to Companies Act, 2013 provisions and did not seek re-appointment
Brief Profile of New Appointee:
Smt. Geetha G. has been appointed as Chief Regulatory Officer (Key Management Personnel) at BSE Limited effective June 05, 2026. She brings over three decades of experience across securities regulation, banking supervision, enforcement, litigation, and policy advocacy & implementation. She has held leadership roles at:
- Reserve Bank of India (RBI)
- Securities and Exchange Board of India (SEBI) - 15 years service, last designated as Chief General Manager and Head – Enforcement
- Central Bank of the UAE (CBUAE) - most recent role
At SEBI, she led key functions covering enforcement, litigation, quasi-judicial proceedings, and settlements. She has played a significant role in regulatory oversight across intermediaries, listed entities, and Market Infrastructure Institutions.
Educational Qualifications:
- LLM in Taxation from University of Calicut (First Rank)
- BA (Law) and LLB from Government Law College, University of Calicut (First Rank)
- Completed international regulatory programs at Harvard Law School and International Institute of Law (IIL), Washington DC, USA
Compliance Confirmations:
- Smt. Geetha Gangadharan is not related to any of the Directors on the Governing Board of CDSL
- She has confirmed she is not debarred from holding the office of Director by virtue of any SEBI Order or any such other authority
- The appointment was approved by shareholders at the 28th Annual General Meeting held on July 30, 2026
Board Appreciation:
The Governing Board of CDSL placed on record its deep appreciation and gratitude towards the valuable contributions made by Ms. Kamala Kantharaj during her tenure as Non-Independent Director of the Company.
Regulatory Compliance:
- Disclosure made under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
- Reference to SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023
- Information also available on company website www.cdslindia.com under Regulation 46 requirements
- Filed by Nilay Shah, Company Secretary & Compliance Officer (ACS No.: A20586)