Management Change2 Jul 2026, 04:05 pm
NSDL Appoints Subhash Kelkar as ED - Vertical 1
AI Summary
National Securities Depository Limited (NSDL) has appointed Mr. Subhash Kelkar as Executive Director - Vertical 1 (Critical Operations) on its Governing Board. The appointment is effective from July 02, 2026, for a term of five years. Mr. Kelkar brings extensive experience in market infrastructure, stock exchange operations, and technology transformation, having previously served as Chief Technology Officer at BSE and Chief Technology & Digital Officer at ICICI Securities. This appointment follows approvals from SEBI, the Nomination and Remuneration Committee, and the Governing Board.
Key Highlights
- Subhash Kelkar appointed Executive Director - Vertical 1 at NSDL.
- Appointment is for a term of five years, effective July 02, 2026.
- Kelkar has 33 years of experience in market infrastructure and technology.
- Previous roles include CTO at BSE and CT&DO at ICICI Securities.
- Appointment approved by SEBI, Nomination Committee, and Governing Board.
Price Impact
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