KFin Technologies seeks shareholder nod for director changes, remuneration

KFin Technologies Limited has announced a postal ballot seeking shareholder approval for several key resolutions. These include the appointment of Devang Gheewalla as a nominee director, effective October 27, 2025, following the resignation of Chetan Savla. Gheewalla, group chief financial officer at Kotak Mahindra Bank, will serve as a non-executive, nominee director, liable to retire by rotation, with no remuneration proposed for this role.

Additionally, the company proposes a change in designation for Alok Chandra Misra, who will transition from non-executive nominee director to non-executive director, effective October 27, 2025. This change follows the withdrawal of his nomination by General Atlantic Singapore Fund Pte. Ltd. Misra is proposed to receive an annual remuneration not exceeding INR 25,50,000, prorated from October 27, 2025.

The postal ballot also seeks approval for the remuneration payable to non-executive independent directors, excluding Shankar Iyer. The proposed remuneration is a commission not exceeding INR 30,00,000 per annum to each director, in addition to sitting fees and expense reimbursements. The e-voting period for these resolutions will commence on Wednesday, November 19, 2025, and conclude on Thursday, December 18, 2025. The results are expected to be announced on or before Monday, December 22, 2025.