Change in Director / Key Managerial Personnel
Nature of change: Appointment of Chief Compliance Officer
Name and DIN of the individual: Shri Asit Kumar Nandi (DIN not provided in disclosure)
Effective date and tenure: Appointment effective from the date of his joining the company, which will be intimated separately. Term of appointment is 36 months.
Brief profile and relevant qualifications: Mr. Nandi is a seasoned Banking and Financial Services professional with over 39 years of experience at State Bank of India. He is currently serving as Director – Compliance at Alexis Finance Pvt. Ltd. since November 2024. He has extensive experience in strengthening governance frameworks and ensuring RBI compliant risk and regulatory practices, while leading large-scale audit and compliance programs. During his tenure, he has overseen operations of 216 branches with a workforce of over 2,500 employees and has delivered strong business performance, particularly in home loans and SME lending. His core areas of expertise include Regulatory Compliance, Internal Audit, AML/KYC, Economic Research, Retail & SME Banking, NPA Management, and HR & Superannuation Fund Administration. He is known for advising senior management and boards on risk and policy matters and for driving improvements in governance and operational efficiency.
Confirmation of eligibility: The disclosure states the appointment was made based on the recommendation of Nomination & Remuneration Committee, implying compliance with SEBI norms, though no explicit confirmation is provided.
Relationship with other directors: Not Applicable (as per disclosure)
Previous KMP: The disclosure does not mention who held the position earlier or what happened to their tenure.
Key Financial or Operational Approvals
No financial or operational approvals were disclosed in this filing. The document solely concerns the appointment of the Chief Compliance Officer.
Strategic or Business Context
No specific business outlook, risks, trends, or macro/micro developments were discussed in this disclosure. The appointment focuses on strengthening compliance and governance frameworks.
Any Other Material Information
The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/ HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
The event date and time of occurrence was July 14, 2026 at 09.02 P.M.
The letter was signed by Raj Gor, Group Head & Company Secretary.