KFin Technologies shareholders approve capital increase, director reappointments

KFin Technologies Limited held its 8th Annual General Meeting (AGM) on Thursday, August 28, 2025, where shareholders approved the increase in the authorized share capital to INR 2,00,00,00,000, divided into 19,99,80,000 equity shares of INR 10 each and 1,000 preference shares of INR 200 each. This amendment to Clause 5 of the Memorandum of Association of the Company was passed via an ordinary resolution.

Shareholders also approved the re-appointment of Mr. Srinivas Peddada and Mr. Shantanu Rastogi as nominee directors, and Mr. Vishwanathan Mavila Nair as non-executive director and chairperson of the board of directors, with his remuneration also approved. Additionally, a revision in the remuneration of Mr. Venkata Satya Naga Sreekanth Nadella, managing director and chief executive officer, was sanctioned. The company declared a final dividend for the financial year ended March 31, 2025.

All resolutions proposed in the Notice of AGM, including the adoption of standalone and consolidated audited financial statements for the fiscal year ended March 31, 2025, were passed with the requisite majority based on the scrutinizer’s report from remote e-voting and e-voting during the AGM.