KFin Technologies announces board changes, new nominee director

KFin Technologies Limited announced on October 27, 2025, changes to its board of directors, subject to shareholder approval. Alok Chandra Misra has been re-designated from non-executive nominee director to non-executive director, effective the same day, following the withdrawal of his nomination by General Atlantic Singapore Fund Pte. Ltd. Misra, who joined the company on July 28, 2023, is a fellow member of the Institute of Chartered Accountants of India and brings extensive experience in finance and operations.

Concurrently, Devang Gheewalla has been appointed as an additional director (non-executive, nominee), effective October 27, 2025. This appointment follows a letter from Kotak Mahindra Bank Limited ("KMBL") regarding the substitution of its nominee director. Gheewalla, group chief financial officer at KMBL, is a qualified chartered accountant and cost accountant with over two decades of experience.

These changes coincide with the cessation of Chetan Savla as KMBL’s nominee director on the board, also effective October 27, 2025. The board's decisions will be put forth to members for approval via postal ballot, which will also include a resolution for the remuneration payable to non-executive independent directors.