National Securities Depository Limited (NSDL) concluded its 14th Annual General Meeting, where shareholders approved the audited financial statements for FY2026 and a final dividend of ₹4 per share. The meeting, held via video conference, also confirmed key leadership appointments, including two new Executive Directors to oversee critical operations and regulatory compliance. NSDL management emphasized the company's focus on AI, cybersecurity, and long-term strategic growth in its first year as a publicly listed entity.
NSDL 14th AGM Results: Dividend and Leadership Appointments
Final dividend declared at ₹4 per equity share for FY2026.
137 members represented over 5.24 crore shares during the meeting.
Reader Takeaway: Strong operational continuity confirmed through new executive appointments and a steady dividend payout for shareholders.
What just happened
National Securities Depository Limited (NSDL) successfully held its 14th Annual General Meeting (AGM) on September 22, 2026. The meeting was conducted via video conference under the chairmanship of Mr. Parveen Kumar Gupta. Shareholders voted on several key resolutions, most notably the adoption of the standalone and consolidated financial statements for the fiscal year 2026 and the declaration of a final dividend of ₹4 per equity share on a face value of ₹2.
Key Leadership Changes
The company moved to strengthen its management structure by appointing two new Executive Directors. Mr. Subhash Kelkar has been appointed as Executive Director for Vertical 1, focusing on critical operations, while Mr. Ankit Sharma joins as Executive Director for Vertical 2, overseeing regulatory, compliance, risk management, and investor grievances. Additionally, shareholders approved the re-appointment of Mr. Sriram Krishnan as a Non-Independent Director.
Management Strategy and Outlook
During the proceedings, Managing Director & CEO Mr. Vijay Chandok highlighted the company's performance in its first full year since listing on the exchanges. Management underscored a strategic shift toward integrating AI and advanced cybersecurity protocols to bolster market infrastructure. Sustainability and subsidiary performance remain core pillars of the firm’s roadmap for the coming year.
What to track next
Following the meeting, NSDL is set to release the final voting results and the Scrutinizer’s report on the stock exchange and the company’s official website. These documents will provide the specific breakdown of votes for each resolution.