Nature of change: Appointment of Senior Management Personnel
Name and DIN: Mr. Sushil Kadu (DIN not disclosed in filing)
Effective date and tenure: Full-time employment effective November 02, 2026 (no specific term mentioned)
Profile and qualifications: Mr. Kadu has over 20 years of experience in technology and product leadership. He most recently served as Director - Technology Line Manager at Amdocs India, where he led a global team of 70+ engineers building AI-driven monitoring, automation, GenAI/RAG and cloud-native platforms for telecom operators worldwide. He is the inventor of an AI-powered enterprise translation engine (US Patent Application No. 15/857,249). He holds a Bachelor's degree in Computer Science from Amravati University and is a certified Six Sigma Green Belt and ITIL v3 professional.
Confirmation of eligibility: The disclosure confirms compliance with SEBI Listing Regulations and Master Circular requirements, but no specific declaration of non-disqualification is mentioned for Mr. Kadu.
Relationship with directors: Mr. Sushil Kadu is not related to any Director of the Company.
Previous KMP: The filing does not mention who held the Chief Product Officer position earlier or the nature of their exit.
Role implications: As Chief Product Officer, Mr. Kadu will strengthen the Company's Swaraj Platform, lead the launch of new products and services, and add new features to existing offerings.
Key Financial or Operational Approvals
No financial results, fundraising, acquisitions, or dividend declarations were mentioned in this disclosure.
Strategic or Business Context
The appointment is expected to strengthen the company's product strategy and innovation capabilities, specifically mentioning the Swaraj Platform and new product launches.
Any Other Material Information
Regulatory compliance: The disclosure is made pursuant to Regulation 30 read with Para A (7) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Approval process: The appointment was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee.
Company details: ESDS Software Solution Limited (CIN: U72200MH2005PLC155433) with registered office at Plot No. B-24 &25, NICE Industrial Area, Satpur MIDC Road, Nashik, Maharashtra - 422 007.
