The Board of Directors of Oracle Financial Services Software Limited at its meeting held on March 26, 2025 noted that Mr. Sridhar Srinivasan, Non-Executive, Independent Director of the Company, (current Chairperson of the Board and member/chairperson of a number of Committees of the Board), would complete his tenure as an Independent Director of the Company on March 31, 2025. He shall retire from the Board of Directors of the Company with effect from close of business hours of March 31, 2025. The company approved the appointment of Ms. Jane Murphy, Non-Executive Independent Director of the Company, as the Chairperson of the Board of Directors of the Company with effect from April 1, 2025.
Re-constitution of the following Committees of the Board, effective April 1, 2025: Audit Committee: Mr. Mrugank Paranjape - Chairperson, Non-Executive, Independent Director; Ms. Jane Murphy - Member, Non-Executive, Independent Director; Ms. Kavita Venugopal - Member, Non-Executive, Independent Director and Mr. Vincent Grelli - Member, Non-Executive, Independent Director. Nomination and Remuneration Committee: Mr. Mrugank Paranjape - Chairperson, Non-Executive, Independent Director; Ms. Jane Murphy - Member, Non-Executive, Independent Director and Mr. Harinderjit Singh - Member, Non-Executive, Independent Director. Risk Management Committee: Mr. Mrugank Paranjape - Chairperson, Non-Executive, Independent Director; Mr. Makarand Padalkar - Member, Managing Director & Chief Executive Officer; Ms. Kavita Venugopal - Member, Non-Executive, Independent Director and Mr. Avadhut Ketkar - Member, Chief Financial Officer.
