National Securities Depository Ltd Reports Cessation of Dr. Madhu Sudan Sahoo's Tenure as Public Interest Director
National Securities Depository Limited (NSDL) announced the conclusion of Dr. Madhu Sudan Sahoo's first term as Public Interest Director (PID) on its Governing Board. The tenure officially ended at the close of business hours on April 17, 2026.Following the conclusion of his first term, Dr. Sahoo confirmed that he would not be seeking re-appointment for a second term as a Public Interest Director.
The Governing Board and the Management of NSDL expressed sincere appreciation and gratitude for the outstanding leadership, guidance, and valuable contributions made by Dr. Sahoo during his association with the company as PID.
The details regarding the change in directorial tenure are outlined below:
| Detail | Information |
|---|---|
| Director's Name | Dr. Madhu Sudan Sahoo (DIN: 01968430) |
| Position | Public Interest Director (PID) |
| Change Reason | Conclusion of the first term as PID. Dr. Sahoo conveyed that he will not be seeking reappointment for a second term. |
| Cessation Date | April 17, 2026 (at the close of business hours) |
This transition marks the completion of Dr. Sahoo's initial term serving on the Governing Board of the National Securities Depository Limited.
Stock Price Movement
National Securities Depository Ltd shares settled at ₹939.35 on Friday, closing out the session having edged higher by 0.79%. Throughout the day, the shares showed range-bound action, testing a low of ₹930.00 but at one point reaching a peak near ₹944.90.Source:
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