Central Depository Services (India) Limited (CDSL) has announced that the Securities and Exchange Board of India (SEBI) has granted its approval for the appointment of Shri Nehal Vora as the Managing Director and Chief Executive Officer (MD & CEO) of the company. The approval was conveyed via SEBI’s letter dated August 29, 2024.
The appointment of Nehal Vora, who holds the Director Identification Number (DIN) 02769054, is contingent upon his acceptance of the offer and fulfillment of the requisite terms and conditions. Additionally, the appointment will require ratification from the shareholders of CDSL and the completion of other due processes.
Nehal Vora’s appointment marks a significant step for CDSL as the company continues to strengthen its leadership team in alignment with its strategic goals. Further details regarding the official commencement of his tenure will be disclosed following the completion of the necessary formalities.
