Summary of Key Information:

Nature of Filing / Announcement: Outcome of Board Meeting - Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Key Corporate Actions:

Management Appointment:

  • The Governing Board approved the appointment of Smt. Nayana Ovalekar (DIN: 02195513) as Executive Director for Vertical 2 (Regulatory, Compliance, Risk Management and Investor Grievances)
  • Term of appointment: Five years, from June 19, 2026 to June 18, 2031
  • The appointment is subject to ratification by shareholders
  • She will be categorized as Whole Time Director on the Governing Board

Additional Responsibilities:

  • Smt. Ovalekar will continue to hold the position of Chief Regulatory Officer & Compliance Officer under the SEBI (Depositories and Participants) Regulations, 2018 until a new incumbent is appointed
  • She will continue to be designated as Key Management Personnel under SEBI regulations and Key Managerial Personnel and Senior Management under the Companies Act, 2013 and SEBI Listing Regulations

Professional Profile of Appointee:

Smt. Nayana Ovalekar is a seasoned regulatory and governance professional with over three decades of experience in the Indian securities market infrastructure ecosystem.

Qualifications:

  • Commerce graduate (B.Com.)
  • Qualified Company Secretary

Expertise:

  • Regulatory compliance
  • Corporate governance
  • Depository operations
  • Investor protection
  • Policy formulation
  • Regulatory implementation
  • Governance and control frameworks

Career Highlights:

  • Extensive experience across broad spectrum of depository functions
  • Comprehensive understanding of regulatory requirements, business operations and market infrastructure dynamics
  • Experience in advising senior management and Governing Board on regulatory, governance and strategic matters
  • Instrumental in driving key regulatory and investor protection initiatives
  • Strengthened surveillance and oversight mechanisms
  • Constructive engagement with regulators, market participants and stakeholders

Filing Details:

Reference Number: CDSL/CS/NSE/AJ/2026/81

Date: June 19, 2026

Addressee: The Manager, Listing Compliance Department, National Stock Exchange of India Ltd.

Compliance: Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Additional Reference: SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023

Company Contact:

Nilay Shah, Company Secretary & Compliance Officer (ACS No.: A20586)

Availability:

The information is available on the company's website at www.cdslindia.com in terms of Regulation 46 of SEBI Listing Regulations.