Meeting Details
The 14th Annual General Meeting was held on Tuesday, September 22, 2026, through Video Conferencing/Other Audio Visual Means. The meeting commenced at 11:30 A.M. (IST) and concluded at 01:32 P.M. (IST), with a total duration of 2 hours and 2 minutes.
Attendance
A total of 137 Members (including authorized representatives) representing 5,24,99,437 equity shares attended the meeting. Mr. Parveen Kumar Gupta, Chairman of the Company, chaired the Meeting. The Company Secretary confirmed the quorum for the AGM.
Directors Present
The following Directors attended the meeting:
- Mr. Parveen Kumar Gupta (Chairman and Public Interest Director) - Through Video Conferencing from Mumbai
- Mr. Vijay Chandok (Managing Director & CEO) - Physically from Registered Office of NSDL
- Ms. Sripriya Kumar (Public Interest Director and Chairperson of the Audit Committee and Nomination & Remuneration Committee) - Through Video Conferencing from Chennai
- Dr. Shashank Saksena (Public Interest Director and Chairman of Stakeholder Relationship Committee) - Through Video Conferencing from Jammu
- Dr. Arun Kumar Panda (Public Interest Director) - Through Video Conferencing from Bhubaneswar
- Mr. Sanjay Panicker (Non-Independent Director) - Through Video Conferencing from Mumbai
- Mr. Sriram Krishnan (Non-Independent Director) - Through Video Conferencing from Mumbai
- Mr. Subhash Kelkar (Executive Director (V1)) - Physically from Registered Office of NSDL
- Mr. Ankit Sharma (Executive Director (V2)) - Physically from Registered Office of NSDL
Leave of absence was granted to Prof. Rajat Moona, Public Interest Director.
Key Managerial Personnel Present
The Company Secretary, Chief Financial Officer, and Chief Business Officer attended the AGM.
Proceedings Summary
The Company Secretary welcomed members and confirmed compliance with circulars and notifications. The Chairman introduced fellow directors on the Governing Board. The Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026, along with Board of Directors' report and Auditor's reports, were taken as read as they had been circulated electronically.
Chairman Parveen Kumar Gupta addressed members, highlighting NSDL's successful first full financial year as a listed company, completion of 30 years of journey, outlook for Indian economy and capital markets, and the Company's commitment to building secure market infrastructure.
MD & CEO Vijay Chandok addressed members on the state of affairs of the Company, provided overview of subsidiaries, and discussed strategic priorities, market view, key operational updates, technology initiatives, CSR activities, people agenda, sustainability efforts, and investor engagement initiatives.
Members raised queries on financial statements, business, future roadmap, cybersecurity, and AI technology, which were addressed by the Chairman and MD & CEO.
Business Items Considered
The following items of business were considered for approval:
Ordinary Business:
1. Adoption of Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026, together with Reports of Board of Directors and Auditors
2. Declaration of final dividend of ₹4 per equity share of face value of ₹2 each for FY ended March 31, 2026
3. Re-appointment of Mr. Sriram Krishnan (DIN 07816879) as Non-Independent Director who retires by rotation
Special Business:
4. Appointment of Mr. Subhash Kelkar (DIN: 10188009) as Executive Director for Vertical 1 (Critical Operations)
5. Appointment of Mr. Ankit Sharma (DIN: 10496270) as Executive Director for Vertical 2 (Regulatory, Compliance, Risk Management & Investor Grievances)
Voting Process
Mr. Mihen Halani, proprietor of M/s. Mihen Halani & Associates, Practicing Company Secretaries, was appointed as Scrutinizer. E-voting facility was provided, and members who had not voted through remote e-voting had an opportunity to vote through the e-voting system kept open for 15 minutes post conclusion of the AGM. Voting results and Scrutinizer's Report will be intimated to Stock Exchange and made available on Company's website within two working days.