KFin Technologies Limited announced at the board meeting held on October 27, 2025, approved the change in designation of Mr. Alok Chandra Misra (DIN: 01542028) from Non-Executive Nominee Director to Non-Executive Director, liable to retire by rotation, pursuant to the withdrawal of nomination communicated by General Atlantic Singapore Fund Pte. Ltd., the promoter of the Company. the appointment of Mr. Devang Gheewalla (DIN: 07480378) as an Additional Director (Non-Executive, Nominee), liable to retire by rotation, with effect from October 27, 2025, in view of the letter received from Kotak Mahindra Bank Limited ("KMBL") in relation to substitution of its Nominee Director on the Board of Directors of the Company. Consequently, Mr. Chetan Savla (DIN: 10213435) has ceased to be the Nominee Director of KMBL on the Board of Directors of the Company with effect from October 27, 2025. Mr. Alok Chandra Misra has been associated with the Company since July 28, 2023. He was the Chief Operating Officer of General Atlantic's India office and an Operating
Partner. In this role, he provided strategic support and financial expertise to the firm's investment teams and portfolio Companies with a focus on the India & Asia-Pacific region. Before joining General Atlantic in 2013, Alok served as Group Chief Financial Officer at WNS Group, where he helped lead the Company through significant expansion and transformation. Prior to that, he was Group Chief Financial Officer of MphasiS BFL Group and served in a number of accounting and finance roles at other firms, including I.T.C. Limited and PwC. He is a fellow member of the Institute of Chartered Accountants of India. In view of Mr. Alok Chandra Misra's continued strategic guidance, seasoned judgment, and steadfast commitment to upholding the Company's governance standards, it is proposed to retain his directorship by changing his designation from Non-Executive Nominee Director to Non- Executive Director. This change reflects the Company's intent to continue leveraging his extensive experience and leadership across critical domains, thereby reinforcing the
Board's depth, continuity, and effectiveness. Mr. Devang Gheewalla is the Group Chief Financial Officer at Kotak Mahindra Bank Limited("KMBL"), overseeing Group Finance,
Taxation, Strategy, Investor Relations, and Operations. With over two decades of association with the Kotak Mahindra Group, Mr. Gheewalla has contributed significantly to
the Bank's strategic growth and operational excellence. Known for his commitment to corporate governance and ethical practices, Mr. Gheewalla has played a pivotal role in shaping
the Bank's forward-thinking approach. He began his journey at Kotak as the Head of Internal Audit and later served as Financial Controller for more than ten years, notably
contributing to the acquisition and integration of ING Vysya Bank. Prior to joining Kotak in 2004, he worked at KPMG India for a decade as an Associate Director in assurance and advisory services. Academically, he holds a Commerce degree from Mumbai University and is a qualified Chartered Accountant and Cost Accountant.