Kfin Technologies CEO, MD, chairman, board of directors and AGM
NSE: KFINTECHBSE: 543720Capital MarketsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹842.40.
- Next results date: the board meets on 26 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹13,812 Cr401st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 24 Jul 2026
- 40.4
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 29 Apr 2026
- 8.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.50%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 24 Jul 2026
- 22.2%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 24 Jul 2026
- 26.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 29 Apr 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 9,66,82442.8% delivered
Kfin Technologies board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonVishwanathan Mavila Nair
- Managing director and CEOVenkata Satya Naga Sreekanth Nadella
- Company Secretary and Compliance OfficerAlpana Kundu
12 directors5 independent2 executive5 non-executive
- Vishwanathan Mavila Nair · ChairpersonNon-executive · joined Nov 2018 · 2 listed boards · 1 as independent · 2 committee seats
- Venkata Satya Naga Sreekanth Nadella · Managing director and CEOExecutive · joined Jun 2020 · 1 listed board · 1 committee seat
- Shantanu RastogiNominee, non-executive · joined Nov 2018 · 3 listed boards · 1 committee seat
- Srinivas PeddadaNominee, non-executive · joined Jul 2020 · 1 listed board
- Radha RajappaIndependent · joined Oct 2023 · reappointed Oct 2023 · 32 months as independent · 4 listed boards · 4 as independent · 4 committee seats
- Kaushik MazumdarIndependent · joined Nov 2018 · reappointed Nov 2023 · 91 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Chengalath JayaramIndependent · joined May 2024 · reappointed May 2024 · 25 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Alok Chandra MisraNon-executive · joined Jul 2023 · 4 listed boards · 3 as independent · 6 committee seats, 5 as chair
- Shankar IyerIndependent · joined Apr 2025 · reappointed Apr 2025 · 14 months as independent · 1 listed board · 1 as independent
- Devang GheewallaNominee, non-executive · joined Oct 2025 · 1 listed board · 1 committee seat
- Dinesh Kumar KharaIndependent · joined Apr 2026 · reappointed Apr 2026 · 2 months as independent · 5 listed boards · 5 as independent · 3 committee seats, 1 as chair
- Vivek Narayan MathurExecutive · joined Apr 2026 · 1 listed board
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
3 directors who left
- Chetan Savla, left 27 Oct 2025: Others
- Prashant Saran, left 25 May 2025: Tenure Completion
- Jaideep Hansraj, left 28 Nov 2024: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 10 Jun 202611 of 12 present5 independent · 41 days in between
- 29 Apr 202610 of 10 present4 independent · 36 days in between
- 23 Mar 20269 of 10 present4 independent · 37 days in between
- 13 Feb 202610 of 10 present4 independent · 10 days in between
1 earlier meeting
- 2 Feb 20269 of 10 present4 independent
Audit Committee
Chair Kaushik Mazumdar
Alok Misra, Radha Rajappa, Chengalath Jayaram
- 10 Jun 20264 of 4 present3 independent · 41 days in between
- 29 Apr 20264 of 4 present3 independent · 74 days in between
- 13 Feb 20264 of 4 present3 independent
- 2 Feb 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Chengalath Jayaram
Kaushik Mazumdar, Shantanu Rastogi, Shankar Iyer
- 20 May 20264 of 4 present3 independent · 27 days in between
- 22 Apr 20264 of 4 present3 independent · 89 days in between
- 22 Jan 20263 of 4 present3 independent
Stakeholders Relationship Committee
Chair Chengalath Jayaram
Vishwanathan Mavila Nair, Venkata Satya Naga Sreekanth Nadella
- 23 Jan 20263 of 3 present1 independent
Risk Management Committee
Chair Alok Misra
Kaushik Mazumdar, Venkata Satya Naga Sreekanth Nadella, Chengalath Jayaram
- 22 May 20264 of 4 present2 independent · 94 days in between
- 16 Feb 20263 of 4 present1 independent · 19 days in between
- 27 Jan 20263 of 4 present1 independent · 3 days in between
Corporate Social Responsibility Committee
Chair Radha Rajappa
Alok Misra, Devang Gheewalla
- 29 May 20263 of 3 present1 independent · 120 days in between
- 28 Jan 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- B S R & CoPeer-review certificate valid to Apr 2026
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Kfin Technologies AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Kfin Technologies dividend history
Annual general meeting, 22 Jul 2026
2,72,688 shareholders on the register on 15 Jul 2026; present: 2 promoters and 107 others; votes counted by S. N. Viswanathan / S. N. ANANTHASUBRAMANIAN & Co..The company's voting result (opens in a new tab)
To consider and adopt the standalone and consolidated audited financial statements of the Company for the financial year ended March 31, 2026, and the Reports of the Board of Directors and Auditors thereonMoreLess
Ordinary99.97% for0.03% againstAgainst: promoters 0.00% · institutions 0.04% · other public 0.06%
Turnout: all 68.93% · promoters 100.00% · institutions 93.22% · other public 2.08%
- To declare final dividend on the equity shares for the financial year ended March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 68.97% · promoters 100.00% · institutions 93.30% · other public 2.08%
- To re-appoint Mr. Shantanu Rastogi (DIN: 06732021), who retires by rotation as a Nominee DirectorOrdinary97.58% for2.42% against
Against: promoters 0.00% · institutions 3.66% · other public 0.35%
Turnout: all 68.97% · promoters 100.00% · institutions 93.30% · other public 2.08%
- To approve the revision in remuneration of Mr. Venkata Satya Naga Sreekanth Nadella (DIN: 08659728), Managing Director and CEO of the CompanySpecial99.71% for0.29% against
Against: promoters 0.00% · institutions 0.43% · other public 0.34%
Turnout: all 68.95% · promoters 100.00% · institutions 93.30% · other public 2.01%
- To approve the increase in remuneration of Mr. Alok Chandra Misra (DIN: 01542028), Non-Executive Director of the CompanySpecial99.39% for0.61% against
Against: promoters 0.00% · institutions 0.92% · other public 0.84%
Turnout: all 68.95% · promoters 100.00% · institutions 93.30% · other public 2.03%
- To consider and appoint Mr. Dinesh Khara (DIN: 06737041) as an Independent Director of the Company and approve his remuneration thereofSpecial86.97% for13.03% against
Against: promoters 0.00% · institutions 19.71% · other public 0.67%
Turnout: all 68.97% · promoters 100.00% · institutions 93.30% · other public 2.08%
- To consider and appoint Mr. Vivek Narayan Mathur (DIN: 07928470) as a Whole-Time Director of the Company and approve his remuneration thereofSpecial99.47% for0.53% against
Against: promoters 0.00% · institutions 0.79% · other public 0.62%
Turnout: all 68.97% · promoters 100.00% · institutions 93.30% · other public 2.08%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 18 Dec 2025, 3 resolutions
2,67,384 shareholders on the register on 14 Nov 2025; votes counted by Aparna Gadgil / S. N. ANANTHASUBRAMANIAN & CO..The company's voting result (opens in a new tab)
- To appoint Mr. Devang Gheewalla (DIN: 07480378) as a Nominee Director of the CompanyOrdinary98.78% for1.22% against
Against: promoters 0.00% · institutions 1.85% · other public 0.92%
Turnout: all 67.52% · promoters 100.00% · institutions 87.51% · other public 0.95%
- To approve the change in designation of Mr. Alok Chandra Misra (DIN: 01542028) from Non-Executive Nominee Director to Non-Executive Director of the Company and payment of remuneration thereofSpecial97.32% for2.68% against
Against: promoters 0.00% · institutions 4.06% · other public 1.02%
Turnout: all 67.52% · promoters 100.00% · institutions 87.51% · other public 0.95%
- To approve the remuneration payable to Non-Executive Independent Directors of the CompanySpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.02% · other public 1.44%
Turnout: all 67.52% · promoters 100.00% · institutions 87.51% · other public 0.95%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 28 Aug 2025, 9 resolutions
2,69,281 shareholders on the register on 22 Aug 2025; present: 0 promoters and 86 others; votes counted by S. N. Viswanthan / S. N. Ananthasubramanian & Co.The company's voting result (opens in a new tab)
To consider and adopt the standalone and consolidated audited financial statements of the Company for the financial year ended March 31, 2025, and the Reports of the Board of Directors and Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 66.71% · promoters 100.00% · institutions 84.98% · other public 2.39%
- To declare final dividend on the equity shares for the financial year ended March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 66.74% · promoters 100.00% · institutions 85.13% · other public 2.21%
- To re-appoint Mr. Srinivas Peddada (DIN: 08755240), who retires by rotation as a Nominee DirectorOrdinary98.39% for1.61% against
Against: promoters 0.00% · institutions 2.49% · other public 0.17%
Turnout: all 66.73% · promoters 100.00% · institutions 85.11% · other public 2.21%
- To re-appoint Mr. Shantanu Rastogi (DIN: 06732021), who retires by rotation as a Nominee DirectorOrdinary97.72% for2.28% against
Against: promoters 0.00% · institutions 3.52% · other public 0.16%
Turnout: all 66.73% · promoters 100.00% · institutions 85.11% · other public 2.21%
- To re-appoint Mr. Vishwanathan Mavila Nair (DIN: 02284165) as a Non-Executive Director and Chairperson of the Board of Directors of the Company and approve his remuneration thereofSpecial99.16% for0.84% against
Against: promoters 0.00% · institutions 1.26% · other public 3.55%
Turnout: all 66.58% · promoters 100.00% · institutions 85.11% · other public 1.66%
To approve the payment of remuneration to Mr. Vishwanathan Mavila Nair (DIN: 02284165), Non-Executive Director and Chairperson of the Board of Directors of the Company, in excess of the limits prescribed in the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
Special76.21% for23.79% againstAgainst: promoters 0.00% · institutions 36.60% · other public 3.71%
Turnout: all 66.58% · promoters 100.00% · institutions 85.11% · other public 1.66%
- To approve the revision in remuneration of Mr. Venkata Satya Naga Sreekanth Nadella (DIN: 08659728), Managing Director and CEO of the CompanySpecial95.55% for4.45% against
Against: promoters 0.00% · institutions 6.83% · other public 2.70%
Turnout: all 66.73% · promoters 100.00% · institutions 85.11% · other public 2.21%
- To appoint M/s. D V Rao & Associates, Company Secretaries as the Secretarial Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 66.73% · promoters 100.00% · institutions 85.13% · other public 2.21%
- To approve the increase in the authorized share capital of the Company and consequential alteration to Clause 5 of the Memorandum of Association of the CompanyOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.01% · other public 2.71%
Turnout: all 66.73% · promoters 100.00% · institutions 85.11% · other public 2.21%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 7 Jun 2025, 1 resolution
2,34,740 shareholders on the register on 2 May 2025; votes counted by S. N. Viswanathan / S. N. Ananthasubramanian & Co..The company's voting result (opens in a new tab)
- To appoint Mr. Shankar Iyer (DIN: 02134073) as an Independent Director of the Company and approve his remuneration thereof.Special99.51% for0.49% against
Against: promoters 0.00% · institutions 0.92% · other public 0.50%
Turnout: all 70.18% · promoters 100.00% · institutions 85.64% · other public 1.20%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 9 Jan 2025, 1 resolution
1,51,504 shareholders on the register on 6 Dec 2024; votes counted by S. N. Viswanathan / S. N. Ananthasubramanian & Co..The company's voting result (opens in a new tab)
- To consider and appoint Mr. Chetan Savla (DIN: 10213435) as a Nominee Director of the CompanyOrdinary98.10% for1.90% against
Against: promoters 0.00% · institutions 3.65% · other public 0.32%
Turnout: all 69.44% · promoters 100.00% · institutions 80.83% · other public 1.60%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 7 Nov 2024, 2 resolutions
The company's voting result (opens in a new tab)
- To implement the KFin Employee Stock Option Plan 2024 including the Schemes thereunderSpecial93.13% for6.87% against
Against: promoters 0.00% · institutions 13.78% · other public 1.82%
Turnout: all 66.41% · promoters 100.00% · institutions 73.27% · other public 1.25%
- To extend the KFin Employee Stock Option Plan 2024 including the Schemes thereunder to employees of the present and future Subsidiary CompaniesSpecial93.20% for6.80% against
Against: promoters 0.00% · institutions 13.61% · other public 3.20%
Turnout: all 66.37% · promoters 100.00% · institutions 73.27% · other public 1.06%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 29 Aug 2024, 4 resolutions
Present: 0 promoters and 70 others.The company's voting result (opens in a new tab)
To consider and adopt the standalone and consolidated audited financial statements of the Company for the financial year ended March 31, 2024, and the Reports of the Board of Directors and Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 66.98% · promoters 100.00% · institutions 74.03% · other public 1.90%
- To declare final dividend on the equity shares for the financial year ended March 31, 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 67.01% · promoters 100.00% · institutions 74.09% · other public 1.90%
- To re-appoint Mr. Shantanu Rastogi (DIN: 06732021), who retires by rotation as a Nominee DirectorOrdinary86.22% for13.78% against
Against: promoters 0.00% · institutions 27.52% · other public 0.21%
Turnout: all 67.01% · promoters 100.00% · institutions 74.09% · other public 1.90%
- To re-appoint Mr. Alok C Misra (DIN: 01542028), who retires by rotation as a Nominee DirectorOrdinary95.70% for4.30% against
Against: promoters 0.00% · institutions 8.58% · other public 0.19%
Turnout: all 67.01% · promoters 100.00% · institutions 74.09% · other public 1.90%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 6 Jul 2024, 3 resolutions
The company's voting result (opens in a new tab)
- To appoint Mr. Chengalath Jayaram (DIN: 00012214) as an Independent Director of the CompanySpecial99.55% for0.45% against
Against: promoters 0.00% · institutions 1.20% · other public 0.01%
Turnout: all 72.70% · promoters 100.00% · institutions 62.35% · other public 53.22%
To approve the payment of remuneration to Mr. Vishwanathan Mavila Nair (DIN: 02284165), Non-Executive Director and Chairperson, in excess of the limits prescribed in the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
Special75.98% for24.02% againstAgainst: promoters 0.00% · institutions 63.92% · other public 0.05%
Turnout: all 72.70% · promoters 100.00% · institutions 62.35% · other public 53.22%
- To approve the remuneration of Mr. Venkata Satya Naga Sreekanth Nadella (DIN: 08659728), Managing Director and CEO of the CompanySpecial96.94% for3.06% against
Against: promoters 0.00% · institutions 8.15% · other public 0.02%
Turnout: all 72.70% · promoters 100.00% · institutions 62.35% · other public 53.21%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 22 Jul 2026, 13 fund houses so far (houses' deadline to file 15 Oct 2026)
To consider and adopt the standalone and consolidated audited financial statements of the Company for the financial year ended March 31, 2026, and the Reports of the Board of Directors and Auditors thereonMoreLess
13 for0 against- To declare final dividend on the equity shares for the financial year ended March 31, 202613 for0 against
- To re-appoint Mr. Shantanu Rastogi (DIN: 06732021), who retires by rotation as a Nominee Director13 for0 against
- To approve the revision in remuneration of Mr. Venkata Satya Naga Sreekanth Nadella (DIN: 08659728), Managing Director and CEO of the Company
Against SBI Mutual Fund
- SBI Mutual FundSreekanth Nadella was paid remuneration of Rs. 322.5 mn (including fair value of stock options) in FY26. The company seeks approval to revise remuneration payable to Sreekanth Nadella. Based on the past trends of stock option grants and the current proposed terms his estimated FY27 remuneration can go upto Rs. 411.0 mn (including fair value of stock options granted). The company seeks approval to pay him remuneration in excess of regulatory limits i.e. in excess of 10% of net profits and to pay aggregate managerial remuneration in excess of 11%, the rationale for which is unclear. His maximum estimated remuneration is not aligned with the size and complexity of the business, nor comparable with peers in the industry. The company must disclose the quantum of stock options that may be granted to him during his term and also disclose the performance metrics governing his variable pay . Hence, we do not support the revision in remuneration.
12 for1 against - To approve the increase in remuneration of Mr. Alok Chandra Misra (DIN: 01542028), Non-Executive Director of the Company
Against Jio BlackRock Mutual Fund
- Jio BlackRock Mutual FundAlok Chandra Misra was appointed as Nominee Director on 28 July 2023 (representing General Atlantic Singapore Fund) and then redesignated as NED on 28 October 2025. He was paid remuneration of Rs. 1.5 mn from 27 October 2025 for FY26. The company seeks approval to pay him remuneration of Rs. 3.0 mn per annum, in addition to sitting fees, from 1 April 2026, which may exceed 1% of net profits. While the proposed remuneration is commensurate with the size of business and in line with peers, the company has not specified a specific tenure for payment of remuneration. We do not support resolutions in perpetuity: shareholders must get a chance to periodically review such payments. We do not support the resolution.
12 for1 against - To consider and appoint Mr. Dinesh Khara (DIN: 06737041) as an Independent Director of the Company and approve his remuneration thereof
Against Angel One Mutual Fund, Edelweiss Mutual Fund, HSBC Mutual Fund, Navi Mutual Fund
- Angel One Mutual FundGovernance concern: Proposed commission appears to be excessive as compared to other directors on the Board and the Company has not provided adequate justification for such higher commission.
- Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. No concerns on the merits of the proposed appointee. Governance concern: Proposed commission appears to be excessive as compared to other directors on the Board and the Company has not provided adequate justification for such higher commission.
- HSBC Mutual FundA vote AGAINST the proposal is considered warranted as: There is insufficient justification for the proposed remuneration, which exceeds that of the other independent directors, each of whom receive INR 3 million.
9 for4 against - To consider and appoint Mr. Vivek Narayan Mathur (DIN: 07928470) as a Whole-Time Director of the Company and approve his remuneration thereof13 for0 against
Mutual fund votes, meeting of 18 Dec 2025, 25 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- To appoint Mr. Devang Gheewalla (DIN: 07480378) as a Nominee Director of the Company25 for0 against
- To approve the change in designation of Mr. Alok Chandra Misra (DIN: 01542028) from Non-Executive Nominee Director to Non-Executive Director of the Company and payment of remuneration thereof
Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Jio BlackRock Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund, Shriram Mutual Fund, Zerodha Mutual Fund
- Angel One Mutual FundGovernance & Transparency Concern: Inadequate justification with regards to the withdrawal of nomination ~1 year after the appointee’s resignation from the Promoter Company.
- Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. Governance & Transparency Concern: Inadequate justification w.r.t the withdrawal of nomination ~1 year after the appointee’s resignation from the Promoter Company.
- Jio BlackRock Mutual FundAlok Misra, 59, is the former Chief Operating Officer and Operating Partner of General Atlantic (India Office). He represented General Atlantic Singapore Fund Private Limited (GASF), the promoter, on the board of KFin Technologies Limited. He was appointed as Non-Executive Nominee Director on the board on 28 July 2023. He attended seven out of nine (78%) board meetings held in FY25, and all seven board meetings held in FY26, till the date of the notice. On 9 October 2025, the company received communication from GASF conveying their intention to withdraw Alok Misra’s nomination as its Nominee Director on the board. Accordingly, the company proposes to redesignate him as Non-Executive Non-Independent Director from 27 October 2025, liable to retire by rotation. His redesignation and appointment on the board is in line with statutory requirements. The company also seeks approval to pay him remuneration of Rs. 2.55 mn per annum from 27 October 2025, even in years of no profits or inadequate profits, which may exceed 1% of net profits. He was not paid any remuneration in FY24 and FY25. While the proposed remuneration is commensurate with the size of business and in line with peers, the company has not specified a specific tenure for payment of remuneration. We do not support resolutions in perpetuity: shareholders must get a chance to periodically review such payments. We do not support the resolution.
- PGIM India Mutual FundCompliant with law. Governance & Transparency Concern: Inadequate justification w.r.t the withdrawal of nomination ~1 year after the appointee s resignation from the Promoter Company.
- Shriram Mutual FundWhile the designation change is routine, the proposed remuneration of ₹25.5 lakh for a non-executive director payable even in years of loss and potentially breaching overall managerial limits appears excessive and weakens pay–performance alignment
16 for9 against - To approve the remuneration payable to Non-Executive Independent Directors of the Company
Against Shriram Mutual Fund
- Shriram Mutual FundThe proposed remuneration cap of ₹30 lakh per Independent Director annually is high for a non-executive role and risks compromising perceived independence; the company also seeks approval even in years of loss/inadequate profits, weakening pay–performance alignment
20 for1 against
2 proposals not matched to one resolution
- 3) Approve payment of remuneration to Independent Directors upto Rs. 3.0 mn per director in case of no profits/inadequate profits, which may exceed 1% of net profits.1 for0 against
- Approve payment of remuneration to Independent Directors upto Rs. 3.0 mn per director in case of no profits/inadequate profits, which may exceed 1% of net profits
Against Jio BlackRock Mutual Fund
- Jio BlackRock Mutual FundIn March 2022, shareholders had approved payment of remuneration of upto Rs. 3.0 mn per annum to Independent Directors. Subsequently, in Postal Ballot dated 8 May 2025, shareholders had approved payment of remuneration of upto Rs. 4.5 mn to Shankar Iyer. The company is seeking shareholder approval to continue payment of remuneration to Independent Directors upto Rs. 3.0 mn per director even in years of no profits or inadequate profits, which may exceed 1% of net profits. In FY25, the aggregate commission paid to Independent Directors was Rs. 9.2 mn (~0.2% of standalone PBT). While the proposed remuneration is capped in absolute terms and is reasonable, the company has not defined a tenure for payment of commission. Therefore, the resolution is effectively valid for perpetuity. Generally, we do not support resolutions in perpetuity: shareholders must get a chance to periodically review such payments. We do not support the resolution.
2 for1 against
6 earlier meetings
Mutual fund votes, meeting of 28 Aug 2025, 26 fund houses
To consider and adopt the standalone and consolidated audited financial statements of the Company for the financial year ended March 31, 2025, and the Reports of the Board of Directors and Auditors thereonMoreLess
26 for0 against- To declare final dividend on the equity shares for the financial year ended March 31, 202526 for0 against
- To re-appoint Mr. Srinivas Peddada (DIN: 08755240), who retires by rotation as a Nominee Director26 for0 against
- To re-appoint Mr. Shantanu Rastogi (DIN: 06732021), who retires by rotation as a Nominee Director26 for0 against
- To re-appoint Mr. Vishwanathan Mavila Nair (DIN: 02284165) as a Non-Executive Director and Chairperson of the Board of Directors of the Company and approve his remuneration thereof26 for0 against
To approve the payment of remuneration to Mr. Vishwanathan Mavila Nair (DIN: 02284165), Non-Executive Director and Chairperson of the Board of Directors of the Company, in excess of the limits prescribed in the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, HSBC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund
- Angel One Mutual FundGovernance & Transparency Concern: Non-Executive Director Remuneration shall exceed 50% of the total Non-Executive Director remuneration majorly because of the perquisite value arising out of exercise of such stock options (already granted or as may be granted from time to time) and no compelling justification for having granted to ESOPs, in the first place.
- Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual FundCompliant with law. Governance & Transparency Concern: NED Remuneration shall exceed 50% of the total NED remuneration majorly because of the perquisite value arising out of exercise of such stock options (already granted or as may be granted from time to time) and no compelling justification for having granted to ESOPs, in the first place.
- HSBC Mutual FundThere is lack of absolute or percentage cap and clarity for excessive payments to Vishwanathan Mavila Nair.
19 for7 against- To approve the revision in remuneration of Mr. Venkata Satya Naga Sreekanth Nadella (DIN: 08659728), Managing Director and CEO of the Company
Against Aditya Birla Sun Life Mutual Fund, Axis Mutual Fund, Invesco Mutual Fund, Jio BlackRock Mutual Fund, Unifi Mutual Fund
- Aditya Birla Sun Life Mutual Fund, Axis Mutual Fund, Jio BlackRock Mutual Fund, Unifi Mutual FundSreekanth Nadella was paid remuneration of Rs. 44.9 mn in FY25. The company seeks approval to revise remuneration payable to Sreekanth Nadella. The remuneration terms include stock options at the discretion of the NRC. While he has not been granted any stock options since FY23, the company has not provided any details regarding the stock options that may be granted to him during his tenure. In the absence of the same we are unable to determine his overall remuneration. Further, the company seeks approval to pay him remuneration in excess of regulatory limits i.e. in excess of 5% of net profits and to pay aggregate managerial remuneration in excess of 11%, the rationale for which is unclear. Hence, we do not support the revision in remuneration.
- Invesco Mutual FundSreekanth Nadella was paid remuneration of Rs. 44.9 mn in FY25. The company seeks approval to revise remuneration payable to Sreekanth Nadella. The remuneration terms include stock options at the discretion of the NRC. While he has not been granted any stock options since FY23, the company has not provided any details regarding the stock options that may be granted to him during his tenure. In the absence of the same we are unable to determine his overall remuneration. Further, the company seeks approval to pay him remuneration in excess of regulatory limits i.e. in excess of 5% of net profits and to pay aggregate managerial remuneration in excess of 11%, the rationale for which is unclear. Hence, we do not support the revision in remuneration
21 for5 against - To appoint M/s. D V Rao & Associates, Company Secretaries as the Secretarial Auditors of the Company26 for0 against
- To approve the increase in the authorized share capital of the Company and consequential alteration to Clause 5 of the Memorandum of Association of the Company26 for0 against
Mutual fund votes, meeting of 7 Jun 2025, 21 fund houses
- To appoint Mr. Shankar Iyer (DIN: 02134073) as an Independent Director of the Company and approve his remuneration thereof.21 for0 against
Mutual fund votes, meeting of 9 Jan 2025, 15 fund houses
- To consider and appoint Mr. Chetan Savla (DIN: 10213435) as a Nominee Director of the Company15 for0 against
Mutual fund votes, meeting of 7 Nov 2024, 15 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- To implement the KFin Employee Stock Option Plan 2024 including the Schemes thereunder
Against Bandhan Mutual Fund, Baroda BNP Paribas Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNon-Compliant with SEBI SBEB & SE Regulations: Board/NRC given the discretion to alter the exercise period.
- Baroda BNP Paribas Mutual FundNon-Compliant with SEBI (Share Based Employee Benefits and Sweat Equity Regulations, 2021 (SBEB) & SE Regulations: Board/NRC given the discretion to alter the exercise period.
- Nippon India Mutual FundBoard/NRC given the discretion to alter the exercise period.
7 for5 against - To extend the KFin Employee Stock Option Plan 2024 including the Schemes thereunder to employees of the present and future Subsidiary Companies
Against Bandhan Mutual Fund, Baroda BNP Paribas Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNon-Compliant with SEBI SBEB & SE Regulations: Board/NRC given the discretion to alter the exercise period.
- Baroda BNP Paribas Mutual FundNon-Compliant with SEBI (Share Based Employee Benefits and Sweat Equity Regulations, 2021 (SBEB) & SE Regulations: Board/NRC given the discretion to alter the exercise period.
- Nippon India Mutual FundBoard/NRC given the discretion to alter the exercise period.
7 for5 against
4 proposals not matched to one resolution
- 1) Approve KFin Employee Stock Option Plan 2024 (ESOP 2024) under which 2.5 mn ESOPs can be granted.1 for0 against
- 2) Approve grant of stock options under ESOP 2024 to employees of existing and future subsidiaries.1 for0 against
- Approve grant of stock options under ESOP 2024 to employees of existing and future subsidiaries2 for0 against
- Approve KFin Employee Stock Option Plan 2024 (ESOP 2024) under which 2.5 mn ESOPs can be granted2 for0 against
Mutual fund votes, meeting of 29 Aug 2024, 13 fund houses
To consider and adopt the standalone and consolidated audited financial statements of the Company for the financial year ended March 31, 2024, and the Reports of the Board of Directors and Auditors thereonMoreLess
13 for0 against- To declare final dividend on the equity shares for the financial year ended March 31, 202413 for0 against
- To re-appoint Mr. Shantanu Rastogi (DIN: 06732021), who retires by rotation as a Nominee Director
Against HSBC Mutual Fund
- HSBC Mutual FundWe have concerns about the director's attendance at board meetings.
12 for1 against - To re-appoint Mr. Alok C Misra (DIN: 01542028), who retires by rotation as a Nominee Director13 for0 against
Mutual fund votes, meeting of 6 Jul 2024, 13 fund houses
- To appoint Mr. Chengalath Jayaram (DIN: 00012214) as an Independent Director of the Company13 for0 against
To approve the payment of remuneration to Mr. Vishwanathan Mavila Nair (DIN: 02284165), Non-Executive Director and Chairperson, in excess of the limits prescribed in the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
Against Axis Mutual Fund, Bandhan Mutual Fund, Baroda BNP Paribas Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
- Axis Mutual FundVishwanathan Mavila Nair, 72, is the Non-Executive Chairperson of Kfin Technologies Limited. In FY24, Vishwanathan Mavila Nair received a remuneration of Rs. 17.5 mn (including fair value of stock options). The remuneration structure is open ended, and the total remuneration payable is uncapped and maybe in excess of 1% of net profits of the company. The company must provide details regarding the stock options that may be granted to Vishwanathan Mavila Nair in FY25 and must cap the remuneration payable in absolute terms. We are unable to support the resolution.
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Disclosure & Transparency concern: Inadequate justification for payment of excessive remuneration.
- Baroda BNP Paribas Mutual FundCompliant with Law, however disclosure & transparency concern: Inadequate justification for payment of excessive remuneration.
- Edelweiss Mutual FundNeed further data
- Nippon India Mutual FundInadequate justification
6 for7 against- To approve the remuneration of Mr. Venkata Satya Naga Sreekanth Nadella (DIN: 08659728), Managing Director and CEO of the Company
Against Axis Mutual Fund, Edelweiss Mutual Fund
- Axis Mutual FundVenkata Satya Naga Sreekanth Nadella, 45, has been associated with the company since June 2018. He was appointed as Whole-time Director & CEO for five years from 12 June 2020 and was subsequently appointed as Managing Director for five years from 6 June 2022. Sreekanth Nadella was paid remuneration of Rs. 48.7 mn in FY24 (including fair value of stock options granted). The company seeks approval to revise remuneration payable to Sreekanth Nadella. He was granted stock options during FY20 to FY22 (pre-IPO). The company has clarified that he was not granted any stock options in FY23 and FY24. The company seeks approval to pay him remuneration in excess of regulatory limits i.e. in excess of 5% of net profits and pay aggregate managerial remuneration in excess of 11%. Therefore, we are unable to support the resolution.
- Edelweiss Mutual FundNeed further data
11 for2 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.