Subhash Kelkar Appointed Executive Director at National Securities Depository Ltd (NSDL)
National Securities Depository Limited (NSDL) has appointed Mr. Subhash Kelkar as an Executive Director for Critical Operations within its Governing Board. The appointment is effective from July 02, 2026, and grants him a tenure of five years.Mr. Kelkar joins the NSDL board in the role of Executive Director - Vertical 1 (Critical Operations). This strategic addition aims to leverage his extensive experience in mission-critical market infrastructure and financial technology.
Professional Profile
The appointment follows a background characterized by nearly 33 years of experience in the finance sector. Mr. Kelkar possesses both academic qualifications and deep industry expertise relevant to complex financial ecosystems.He holds a Post Graduate Diploma in Software Technology from the National Centre for Software Technology (1992) and a Bachelor of Engineering in Mechanical from Sardar Patel College of Engineering (1989).
Prior to joining NSDL, Mr. Kelkar served as Chief Technology Officer at BSE. In this capacity, he managed the technology transformation of one of India's oldest and most systemically important financial institutions and held directorship positions across multiple BSE subsidiaries.
Before his tenure at BSE, Mr. Kelkar was Chief Technology & Digital Officer at ICICI Securities. At ICICI Securities, he defined and executed the digital transformation strategy, including mobile app revamps and API-fication, which helped position the company as a digital first brokerage with agile infrastructure.
Appointment Details
Key details regarding Mr. Subhash Kelkar’s appointment are summarized below:| Particulars | Details |
|---|---|
| Reason for change | Appointment as Executive Director - Vertical 1 (Critical Operation) |
| Effective Date | July 02, 2026 |
| Term of Appointment | 5 years |
| Relationships Disclosure | None |
Stock Price Movement
At the close of trade on Thursday, National Securities Depository Ltd settled at ₹853.25, ticking up by 0.01%. The shares traded within a noticeable intraday range, swinging between a low of ₹851.00 and an intra-day high of ₹865.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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