KFin Technologies | Business Upturn

L&T Technology Services announces 14th AGM and integrated annual report for FY 2025-26

Arunika Jain — Sat, 09 May 2026 17:13:11 +0000

L&T Technology Services (LTTS) has announced the schedule for its Fourteenth Annual General Meeting (AGM), set to take place on 1 June 2026 at 3:30 p.m. (IST) via video conferencing and other audio-visual means. The company has also released its Integrated Annual Report for the fiscal year 2025-26, which includes the notice of the AGM.

The Integrated Annual Report, in compliance with Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has been disseminated electronically to members whose email addresses are registered with the company or its registrar and share transfer agent, KFin Technologies Limited, as well as with depositories and depository participants.

For members whose email addresses are not registered, a letter containing the exact web-link to the Integrated Annual Report, including the AGM notice, is being sent. The report is also accessible on the company’s website at https://www.ltts.com/investors/financial-information.

The report provides a comprehensive view of LTTS’s processes, operations, and governance practices, along with performance metrics across Environmental, Social, and Governance (ESG) parameters. It integrates both quantitative and qualitative insights into stakeholder relationships, showcasing the company’s response to evolving expectations within a dynamic business environment.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

L&T Technology Services announces 14th AGM and releases FY26 annual report

Arunika Jain — Sat, 09 May 2026 17:10:21 +0000

L&T Technology Services (LTTS) has announced the schedule for its Fourteenth Annual General Meeting (AGM), set to take place on 1 June 2026. The AGM will be conducted via video conferencing and other audio-visual means, starting at 3:30 p.m. IST.

The company has also released its Integrated Annual Report for the financial year 2025-26. This report, which adheres to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is being distributed electronically to members whose email addresses are registered with the company or its Registrar and Share Transfer Agent, KFin Technologies Limited.

For those members whose email addresses are not registered, a letter containing the web-link to the Integrated Annual Report has been dispatched. The report is accessible on the company’s website, providing a comprehensive overview of LTTS’s operations, governance practices, and performance across various Environmental, Social, and Governance (ESG) parameters.

The report offers both quantitative and qualitative insights into stakeholder relationships, highlighting the company’s response to evolving expectations in a dynamic business environment. It also integrates financial and non-financial information, underscoring LTTS’s commitment to transparency and accountability.

The reporting period for the document spans from 1 April 2025 to 31 March 2026, covering material information related to the company’s performance and value creation in both its Indian and international operations. The report aligns with several frameworks, including the Global Reporting Initiative Standards, the International Integrated Reporting framework, and the United Nations Sustainable Development Goals, among others.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Navin Fluorine announces ₹8.60 final dividend per share for FY 2025-26

Arunika Jain — Wed, 06 May 2026 13:56:52 +0000

Navin Fluorine International has announced a final dividend of ₹8.60 per equity share for the financial year ending March 31, 2026. This decision was made during the company’s board meeting on April 29, 2026, and is subject to approval at the upcoming 28th Annual General Meeting.

The dividend will be distributed to shareholders holding equity shares, either in electronic or physical form, based on their eligibility as of the record date, which is set for June 12, 2026. The payment is scheduled to be made on or after August 13, 2026.

In compliance with the Finance Act, 2020, dividend income is taxable in the hands of shareholders. Consequently, Navin Fluorine will deduct tax at source at the time of distribution or payment of the dividend. The rate of Tax Deducted at Source (TDS) will vary depending on the residential status of the shareholder and the documents submitted to the company.

For resident shareholders, a TDS rate of 10% will apply, provided they have updated their PAN with the depositories or the company’s Registrar and Transfer Agent, Kfin Technologies Limited. No tax will be deducted if the dividend income does not exceed ₹10,000 during FY 2026-27 or if the shareholder is exempted from TDS provisions and provides the necessary documentation.

Non-resident shareholders will face a TDS rate of 20% plus applicable surcharge and cess, unless they opt for a lower rate under a Double Taxation Avoidance Agreement by submitting the required documents, including a Tax Residency Certificate and self-declarations.

Shareholders are advised to submit the necessary documents to KFin by the stipulated deadline to ensure the correct application of TDS rates.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

KFin Technologies shares fall over 2% as Q4 net profit drops 11.8% YoY to Rs 81 crore, revenue down 6.4%

Aman Shukla — Thu, 30 Apr 2026 03:57:44 +0000

Shares of KFin Technologies Limited slipped more than 2% in early trade on April 30, 2026, after the company reported a weak set of earnings for the fourth quarter of FY26, with declines across revenue, profitability, and margins on a year-on-year basis.

The company posted consolidated revenue of ₹347 crore for Q4 FY26, marking a decline of 6.4% compared to ₹371 crore in the same quarter last year. The drop in topline reflects a slowdown in business momentum during the quarter.

Operating performance also came under pressure. EBITDA stood at ₹129 crore, down 15.3% YoY from ₹152 crore. As a result, EBITDA margin contracted to 36.98%, compared to 40.91% in the corresponding period last year, indicating rising cost pressures and lower operational efficiency.

Net profit for the quarter came in at ₹81 crore, registering a decline of 11.8% from ₹92 crore in Q4 FY25. The fall in profitability aligns with the weaker operating performance and margin compression.

Disclaimer: This article is generated for informational purposes only and does not constitute financial, investment, or trading advice. The data and analysis presented are based on publicly available market information at the time of writing. Markets are subject to risk. Please consult a qualified financial advisor before making any investment or trading decisions. Business Upturn does not accept responsibility for any losses arising from reliance on this content.

Orient Cement launches ‘Saksham Niveshak’ campaign to aid shareholders with unclaimed dividends

Arunika Jain — Thu, 23 Apr 2026 17:03:56 +0000

Orient Cement has initiated the ‘Saksham Niveshak’ campaign, a 100-day drive aimed at assisting shareholders in claiming unpaid or unclaimed dividends. This initiative, running from April 1, 2026, to July 9, 2026, aligns with the directive from the Investor’s Education and Protection Fund Authority (IEPFA) under the Ministry of Corporate Affairs.

The campaign’s primary objective is to raise awareness among shareholders about the importance of updating their personal and banking details to claim dividends before they are transferred to the Investor Education and Protection Fund (IEPF). Shareholders are encouraged to update their PAN, nomination details, contact information, bank account details, and specimen signatures with the company or its Registrar & Transfer Agent, KFin Technologies Limited.

For shareholders holding physical shares, it is crucial to complete KYC updates to ensure dividends are credited electronically to their bank accounts. The necessary forms, including Form ISR-1 for KYC updates, Form ISR-2 for bank attestation and cheque submission, Form SH-13 for nominee addition, and Form ISR-3 for opting out of nomination, are available for download from the company’s website or KFin Technologies’ portal.

Shareholders can submit these forms either by post to KFin Technologies’ Hyderabad office or via email from their registered email ID. Those holding shares in electronic form should update their details with their respective Depository Participants to claim dividends.

Orient Cement will communicate with shareholders via letters or emails, providing details about unpaid dividends and the process for claiming them. The company has also published a list of unclaimed or unpaid dividends for the past seven years on its website.

For further assistance or queries regarding the ‘Saksham Niveshak’ campaign, shareholders can contact the company at investors@orientcement.com.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

ACC launches ‘Saksham Niveshak’ campaign to recover unclaimed dividends

Business Desk — Thu, 23 Apr 2026 14:12:53 +0000

ACC has announced the launch of its Second 100 Days Campaign, titled ‘Saksham Niveshak’, aimed at reaching out to shareholders with unpaid or unclaimed dividends. Running from 1 April 2026 to 9 July 2026, the initiative seeks to create awareness among shareholders to update their details and claim dividends before they are transferred to the Investor Education and Protection Fund (IEPF).

The campaign is part of a broader effort by the Investor’s Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, to ensure shareholders receive their rightful dividends. Shareholders are encouraged to update crucial information such as their PAN, nomination details, contact information, bank account details, and specimen signatures with the company or its Registrar & Transfer Agent, KFin Technologies Ltd.

Dividends are payable only through electronic means, and shareholders with unpaid or unclaimed dividends will have the amounts credited to their bank accounts once the necessary information is updated. Physical shareholders are advised to complete their Know Your Customer (KYC) updates to facilitate this process.

ACC has provided detailed instructions for submitting the required documents. Shareholders can send filled and signed forms, along with self-attested KYC documents, either by post to KFin Technologies Ltd in Hyderabad or via email from their registered email ID. The necessary forms are available for download from KFin Technologies’ website or ACC‘s official site.

The company will also send letters or emails to shareholders detailing any unpaid dividends and the process for claiming them. ACC has uploaded information about unclaimed or unpaid dividends for the past seven years on its website.

Shareholders are urged to act promptly to avoid the transfer of their dividends to the IEPF authority. For further assistance, shareholders can contact ACC’s investor support at acc-investorsupport@adani.com.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Engineers India enters tripartite agreement with KFin Technologies and Alankit Assignments

Kinjal — Tue, 21 Apr 2026 09:06:06 +0000

Engineers India has formalised a tripartite agreement with KFin Technologies Limited and Alankit Assignments Limited, effective April 20, 2026. This agreement follows the company’s previous communication dated January 27, 2020, and aligns with Regulation 7 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The agreement involves KFin Technologies, the erstwhile Registrar and Transfer Agent (RTA), and Alankit Assignments, the new RTA, effective from January 24, 2020. This move is part of Engineers India‘s compliance with regulatory requirements and aims to ensure a smooth transition in RTA services.

This development is significant for the company as it continues to adhere to the necessary regulatory frameworks, ensuring transparency and efficiency in its operations.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Great Eastern Shipping announces TDS details for interest on debentures

Yash Agarwal — Mon, 13 Apr 2026 06:12:48 +0000

The Great Eastern Shipping Company Limited has announced the details regarding the Tax Deduction at Source (TDS) applicable on the interest payment for its 8.25% Unsecured Redeemable Non-Convertible Debentures (NCDs) with ISIN INE017A08292. The interest payment is scheduled for May 25, 2026, and will be applicable to debenture holders listed as of the record date, May 11, 2026.

The company is required to deduct TDS under section 393 of the Income-tax Act, 2025, on the interest payable on these listed debentures. For resident debenture holders with a valid Permanent Account Number (PAN) linked to Aadhaar, a TDS rate of 10% will be applied. However, no tax will be deducted if the interest paid does not exceed ₹10,000 in a financial year or if the debenture holder submits a duly filled Form No. 121, provided the interest does not exceed the non-taxable amount.

Certain entities such as Life Insurance Corporation, General Insurance Corporation, and other insurers are exempt from TDS, provided they submit the necessary declarations and documentary evidence proving their registration with the Insurance Regulatory and Development Authority of India (IRDAI). Additionally, no TDS will be deducted from interest payable to Mutual Funds, which must furnish their SEBI registration or CBDT notification and a declaration of income exemption under section 11 of the Income-tax Act.

For non-resident debenture holders, TDS will be deducted as per the applicable rates in force under the Income-tax Act. They may also opt for the benefits of the Double Tax Avoidance Treaty (DTAA) if it is more beneficial, by submitting the required documents, including a Tax Residency Certificate and other declarations, by May 11, 2026.

The company has clarified that it is not obligated to apply the beneficial DTAA tax rate at the time of deduction, and the application of such rates depends on the satisfactory review of submitted documents. Debenture holders are advised to submit the necessary documents to avoid higher TDS rates and to update their residential status with their Depository Participants if there are any changes.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Samvardhana Motherson confirms compliance with SEBI regulations for Q4 2026

Business Desk — Thu, 09 Apr 2026 15:37:28 +0000

Samvardhana Motherson International has confirmed its compliance with the Securities and Exchange Board of India (SEBI) regulations for the quarter ending 31 March 2026. The company has submitted a confirmation certificate issued by its Registrar and Share Transfer Agent, KFin Technologies Limited, in accordance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

The certificate confirms that during the period from 1 January 2026 to 31 March 2026, Samvardhana Motherson processed dematerialisation requests within 15 days of receipt from depository participants. The company approved or rejected these requests and confirmed to the depositories that the securities in the certificates were listed on the stock exchanges where previously issued securities are listed.

Additionally, the company has reported that it immediately mutilated and cancelled the security certificates after due verification. The names of the depositories have been substituted in the register of members as the registered owner in cases where dematerialisation requests were approved.

Samvardhana Motherson has been certifying these actions to the depositories and stock exchanges in compliance with the SEBI regulations.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Navin Fluorine issues TDS certificates for interim dividend FY 2025-26

Yash Agarwal — Wed, 08 Apr 2026 13:10:32 +0000

Navin Fluorine International has announced the availability of TDS certificates for shareholders who received an interim dividend for the financial year 2025-26. The interim dividend was paid on 27 November 2025, following the board’s declaration on 30 October 2025.

In accordance with the Income-tax Act, 1961, as amended by the Finance Act, 2020, the company deducted tax at source (TDS) on dividend payments exceeding the threshold limit, where valid exemption forms were not received. Shareholders can download their TDS certificates in Form No. 16A from the website of the company’s registrar and transfer agent, KFin Technologies Limited, at https://ris.kfintech.com/clientservices/tds/ until 31 October 2026. After this date, requests for TDS certificates can be made by contacting KFinTech at einward.ris@kfintech.com.

Additionally, shareholders can view TDS credits in Form 26AS, accessible through their e-filing account on the Income Tax Department’s website.

For any further communication regarding the TDS certificates, shareholders are advised to contact KFin Technologies Limited, located in Hyderabad, India.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Great Eastern Shipping announces TDS details for debenture interest payments

Yash Agarwal — Wed, 08 Apr 2026 07:12:11 +0000

The Great Eastern Shipping Company has announced the tax deduction at source (TDS) details for the interest payments on its 8.70% Unsecured Redeemable Non-Convertible Debentures, ISIN INE017A08235. The interest payment and redemption are scheduled for May 6, 2026, with payments being made net of TDS to debenture holders listed as of April 21, 2026.

For resident debenture holders, TDS will be deducted at 10% if the debenture holder has a valid PAN linked with Aadhaar. No tax will be deducted if the interest is ₹10,000 or less during the financial year, or if a duly filled Form No. 121 is submitted by individuals under 60 years of age, provided the interest does not exceed the non-taxable amount. Senior citizens over 60 years can also submit Form No. 121 to avoid TDS. Additionally, entities like Life Insurance Corporation and General Insurance Corporation, among others, can provide a declaration and evidence of registration with IRDAI to claim TDS exemption.

For mutual funds, no TDS will be deducted if they furnish a certified copy of SEBI registration or CBDT notification and declare their income as exempt under section 11 of the Income-tax Act 2025. If the PAN is unavailable or invalid, TDS will be deducted at a higher rate of 20%.

Non-resident debenture holders will have TDS deducted as per the Income-tax Act at applicable rates. They may opt for Double Tax Avoidance Treaty (DTAA) benefits if more favourable, by submitting necessary documents such as a Tax Residency Certificate and a self-declaration of eligibility for DTAA benefits.

Debenture holders are required to email scanned copies of the necessary documents to the company and its Registrar and Share Transfer Agent, KFin Technologies Limited, by April 21, 2026. Original documents can be sent to the company’s registered office or KFin Technologies’ address in Hyderabad.

The company emphasises that incomplete or unsigned forms will not be considered for exemption, and debenture holders may file a return of income to claim a refund if tax is deducted at a higher rate due to incomplete documentation.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Poonawalla Fincorp confirms compliance officer and RTA details as of March 2026

Arunika Jain — Thu, 02 Apr 2026 09:50:53 +0000

Poonawalla Fincorp Limited has provided updated information regarding its Company Secretary and Compliance Officer, as well as its Registrar to an Issue and Share Transfer Agent (RTA), as of 31 March 2026. This information is in accordance with Regulation 6(1) and 7(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

According to the company’s announcement, Ms. Shabnum Zaman continues to serve as the Company Secretary and Compliance Officer. She is a qualified company secretary with membership number 13918 and has held this position since her appointment on 2 August 2015.

In terms of the company’s RTA, Poonawalla Fincorp Limited has two entities serving in this capacity. MUFG Intime India Private Limited, formerly known as Link Intime India Pvt. Ltd., has been appointed as the RTA since 15 December 2022. Additionally, KFin Technologies Limited, which handles retail debentures, has been serving as the RTA since 12 November 2018.

The company has confirmed that there have been no resignations or changes in these positions as of the reporting date.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

KFin Technologies receives approval for reclassification of Capital Foods

Business Desk — Mon, 30 Mar 2026 12:54:57 +0000

KFin Technologies Limited has successfully obtained approval from both the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) for the reclassification of Capital Foods Private Limited (CFPL) from the ‘Promoter(s) Group’ category to the ‘Public’ category. This development was confirmed on March 30, 2026, when KFin Technologies received no-objection letters from both exchanges.

The reclassification process was initiated earlier this year, with KFin Technologies filing an application with the NSE and BSE to seek their consent for the change in classification of CFPL. The company had previously informed stakeholders of this move through intimations dated January 15, February 2, and February 4, 2026.

The approval marks a significant step in KFin Technologies’ corporate restructuring efforts, as CFPL will no longer be considered part of the ‘Promoter(s) Group’. This change aligns with the provisions of Regulation 31A and other applicable sections of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations).

The communication regarding the no-objection letters was disclosed in accordance with Regulation 30(13) of the LODR Regulations, as well as SEBI’s Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/25 dated February 25, 2025. KFin Technologies has affirmed that the details provided in the prescribed Form A are accurate and complete.

This reclassification does not entail any financial implications for KFin Technologies, nor were there any non-compliances or penalties identified by the regulatory authorities. The company has not taken any additional actions in response to the communication, and no further relevant information has been disclosed.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

KFin Technologies receives ESG rating of 78.6 from SES Ratings

Kinjal — Sat, 21 Mar 2026 10:07:43 +0000

KFin Technologies has been assigned an Environmental, Social, and Governance (ESG) rating of 78.6 by SES ESG Research Private Limited. The rating reflects the company’s performance based on its public disclosure on ESG parameters at the standalone level, as well as other publicly available information.

The ESG rating, which is provided on a scale of 0 to 100, where 100 represents the maximum score, was voluntarily assigned by SES Ratings. This assessment aligns with the guidelines set forth by the Securities and Exchange Board of India (SEBI) in its Master Circular for ESG Rating Providers issued on July 11, 2025.

The rating was disclosed to KFin Technologies through an email from BSE Limited on March 20, 2026, at approximately 07:17 p.m. IST. The company noted that no direct communication was received from SES Ratings, and the date and time of the event were recorded based on the receipt of the email from BSE.

This ESG rating serves as an important benchmark for KFin Technologies, highlighting its commitment to transparency and sustainability practices. The company continues to focus on enhancing its ESG performance as part of its broader corporate responsibility initiatives.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

KFin Technologies receives no-objection for reclassification of HADPL

Yash Agarwal — Thu, 19 Mar 2026 12:54:57 +0000

KFin Technologies Limited has received no-objection letters from both BSE Limited and the National Stock Exchange of India Limited for the reclassification of House of Anita Dongre Private Limited (HADPL) from the ‘Promoter(s) Group’ category to the ‘Public’ category. This development was confirmed on March 19, 2026, marking a significant change in the company’s promoter group structure.

The reclassification follows an application submitted by KFin Technologies earlier this year, as part of their compliance with Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously informed the exchanges of its intent to seek this reclassification through communications dated January 8, February 2, and February 3, 2026.

The no-objection letters signify that HADPL will no longer be considered part of the promoter group, effectively transitioning to a public shareholder status. This change is in line with the company’s strategic objectives and regulatory compliance requirements.

The official communication from KFin Technologies was accompanied by Form A, which summarises the key elements of the regulatory communication, as required by Regulation 30(13) of the LODR Regulations. The company has assured that the information provided is accurate and complete.

This reclassification does not have any stated financial implications for KFin Technologies, nor were there any penalties or restrictions imposed as part of the communication. The company has not identified any non-compliance issues related to this matter.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Hero MotoCorp withholds dividend due to incomplete KYC and bank details

Kinjal — Tue, 17 Mar 2026 14:33:47 +0000

Hero MotoCorp has announced that it has withheld interim dividends for the financial year 2025-26 for certain shareholders due to incomplete Know Your Customer (KYC) and bank details. This decision aligns with the Securities and Exchange Board of India (SEBI) regulations mandating updated KYC information for shareholders holding securities in physical form.

The company has communicated to shareholders that, as per SEBI’s circular dated November 3, 2021, and subsequent amendments, payments including dividends, interest, or redemption will only be processed electronically upon submission of complete KYC details. These details include Permanent Account Number (PAN), contact details, mobile number, bank account details, and signature. The regulation came into effect on April 1, 2024.

Shareholders whose dividends have been withheld are required to update their KYC details by submitting Form ISR-1 along with self-attested supporting documents. Additionally, Form ISR-2 is needed for banker attestation of signature, and Form SH-13 or ISR-3 for nomination updates. These forms can be downloaded from the company’s registrar and share transfer agent’s website.

In a separate communication, Hero MotoCorp also informed shareholders that dividend payments have been withheld due to incomplete bank details. The company emphasised that, following amendments to the SEBI Listing Obligations and Disclosure Requirements effective November 19, 2025, all dividend payments must be remitted electronically. Shareholders are urged to update their bank account details with their respective depository participants to facilitate the release of withheld dividends.

Hero MotoCorp has advised shareholders to consider converting their physical shareholdings to dematerialised form to mitigate risks associated with physical shares and simplify holding processes.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Why are KFin Technologies shares up over 5% today? Explained

Aman Shukla — Tue, 17 Feb 2026 03:51:20 +0000

Shares of KFin Technologies Limited surged more than 5% on February 17, 2026, after the company informed exchanges about the appointment of Mr. Nazish Hussain Mir as its Chief Technology Officer (CTO). The appointment was approved by the Board of Directors through a circular resolution passed on February 16, 2026.

The development appears to have been positively received by investors, leading to a sharp uptick in the stock price during early trade.

Nazish Hussain Mir currently serves as the Head of WebileApps (India) Private Limited, a wholly owned subsidiary and the core digital transformation arm of KFin Technologies. He co-founded WebileApps in 2009 and has led its expansion from a specialised startup into a 400-member engineering organisation catering to fintech, capital markets and healthcare platforms in India and overseas.

A BTech graduate from KL University, Mir previously worked with Wipro Limited before establishing WebileApps. Under his leadership, the subsidiary transitioned from a services-driven setup into a strategic engineering partner for financial institutions, focusing on managed services and large-scale platform modernisation.

Following the acquisition of WebileApps by KFin Technologies, his role expanded to include oversight of engineering capabilities, platform architecture and delivery systems. His work has involved enhancing system reliability, improving scalability for high-concurrency environments and aligning platforms with evolving regulatory requirements.

He has also been driving the adoption of applied artificial intelligence across the software development lifecycle, including the implementation of agentic coding frameworks and AI-assisted engineering workflows aimed at improving productivity and delivery precision.

The company clarified that the appointment falls under senior management personnel and that disclosure of relationships between directors is not applicable in this case.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

KFin Technologies shares rally over 3% after Citi upgrades stock to ‘Buy’ with Rs 1,215 target

Aman Shukla — Mon, 13 Oct 2025 03:51:58 +0000

KFin Technologies shares gained more than 3% in early trade today after global brokerage Citi upgraded the stock to a ‘Buy’ rating and raised its target price to ₹1,215 per share. The brokerage firm believes KFin is strongly positioned to capitalize on multiple structural tailwinds within India’s growing financial services sector.

According to Citi, KFin Technologies stands to benefit from sustained mutual fund inflows, expansion in alternative investment products, a growing international client base supported by its Ascent acquisition, and continued buoyancy in primary markets. These factors, the brokerage said, reinforce the company’s long-term growth outlook.

Citi also highlighted that KFin faces lower pricing pressure compared to rival CAMS, owing to its diversified revenue mix. While mutual fund AUM-linked income contributes about 45–50% of KFin’s revenue, the same metric accounts for roughly 75% for CAMS. The report further noted that KFin’s larger base of smaller clients adds stability and resilience to its business model.

Additionally, KFin continues to broaden its product capabilities, driving further diversification and strengthening its revenue streams. However, Citi cautioned that the overhang of promoter stake sale remains, as private equity investor General Atlantic still holds around 22.9% in the company.

KFin Technologies shares were up 2.38% at ₹1,098.00 apiece around 9.20 am. It has declined28.94% this year, so far.

KFin Technologies launches IGNITE to transform distributor engagement in mutual funds

Aman Shukla — Mon, 29 Sep 2025 08:10:24 +0000

KFin Technologies Limited, a leading provider of global investor and issuer solutions, has unveiled its flagship engagement program IGNITE, a new initiative that aims to transform the way mutual fund distributors interact with service platforms. The program is positioned as a game-changer for the distributor ecosystem, which includes banks, national distributors, mutual fund distributors (MFDs), and registered investment advisors (RIAs). By combining structured support with advanced digital tools, IGNITE seeks to create a more responsive, efficient, and collaborative environment for distributors to scale their operations.

The initiative builds on KFin Technologies’ four decades of experience in supporting India’s financial markets and represents a significant step forward in the company’s evolution from being a transaction partner to becoming a transformation ally. IGNITE is designed to redefine relationship management and service delivery, raising the standards of how asset management companies and distributors work together to serve India’s rapidly expanding investor base.

Central to IGNITE is a comprehensive suite of offerings tailored to meet the needs of today’s distributors. Enhanced relationship management, faster turnaround times, and integrated digital platforms such as IRIS, KFin’s all-in-one super app for financial intermediaries, and KFin KRA, a seamless onboarding solution, form the backbone of this program. Alongside these, structured feedback mechanisms will ensure that KFin continues to refine its services in alignment with distributor requirements.

Through IGNITE, KFin Technologies is not just equipping distributors with tools but is also creating a trusted partner ecosystem that empowers them to improve operational efficiency, strengthen investor confidence, and extend their market presence.

Kfin Technologies shares jump nearly 3% after Jefferies reiterates ‘Buy’ call with Rs 1,460 target

Aman Shukla — Mon, 23 Jun 2025 05:02:47 +0000

Kfin Technologies shares climbed nearly 3% in early trade after global brokerage firm Jefferies maintained its buy rating on the stock with a target price of ₹1,460, citing strong growth prospects and strategic benefits from its recent acquisition of Assent.

According to Jefferies, Kfin Tech is well-positioned to scale its operations further by leveraging synergies from the Assent acquisition. The move is expected to enhance Kfin Tech’s presence in institutional segments and contribute positively to earnings, becoming EPS accretive from the next financial year.

The brokerage also highlighted that Kfin Tech’s domestic operations remain solid with stable pricing, indicating a healthy business environment. It noted that the company is progressing toward becoming a leading global Registrar and Transfer Agent (RTA) and financial administration (FA) platform.

With an expanding client base and increasing operational efficiency, Jefferies estimates a 20% compound annual growth rate (CAGR) in the company’s profits over the coming years.

Kfin Technologies shares opened at ₹1,270.00 and, at the time of writing, reached a high of ₹1,310.00 during the day. The stock touched a low of ₹1,255.30. It is trading well below its 52-week high of ₹1,641.35 and significantly above its 52-week low of ₹682.25.

KFin Technologies launches KFIN KRA to simplify customer onboarding

Aman Shukla — Wed, 30 Apr 2025 09:26:13 +0000

KFin Technologies Limited has launched KFIN KRA, a new-generation KYC Registration Agency (KRA), through its wholly owned subsidiary, KFin Services Private Limited (KFSPL). This initiative aims to streamline customer onboarding for financial institutions amid increasing digital adoption and evolving regulatory requirements in India.

KFIN KRA is built as a unified platform with blockchain-backed infrastructure to improve data security, enhance verification speed, and reduce identity management complexity. The agency supports both digital and physical KYC processing, offering flexibility to financial institutions and investors.

Key Features of KFIN KRA:

Integrated KYC Services: Handles registration, modification, downloads, and interoperability to reduce repetitive documentation.
Advanced Authentication: Enables eKYC using DigiLocker and eAadhaar verification.
CKYC Integration: Connects with the Central KYC Records Registry for wider compliance.
Multi-Mode Processing: Supports both straight-through digital and physical submission workflows.
Real-Time Alerts: Sends SMS and email updates throughout the KYC process.
Enterprise Integration: Offers secure API/SFTP channels for data exchange across financial platforms.
Document Management: Provides digital storage and retrieval to reduce reliance on physical paperwork.

The platform uses AI-driven verification and centralized data systems to shorten processing times and support compliance. KFIN KRA is designed to assist financial service providers and investors with a consistent and transparent KYC process.

This development aligns with KFin Technologies’ efforts to support India’s financial infrastructure through efficient and technology-driven solutions.

Kfin Technologies shares surge 3% as Q4 revenue rises 24% YoY to Rs 282.7 crore, net profit jumps to Rs 85.1 crore

Aman Shukla — Tue, 29 Apr 2025 04:25:36 +0000

Kfin Technologies’ shares surged by 3% following the release of its Q4 FY25 financial results, showcasing strong year-on-year growth. As of 9:52 AM, the shares were trading 3.02% higher at Rs 1,276.60.

The company reported a consolidated revenue from operations of ₹282.7 crore for Q4FY25, marking a 24% increase compared to ₹228.3 crore in Q4FY24. However, the revenue was slightly lower than the ₹290 crore posted in Q3FY25.

Net profit for Q4FY25 stood at ₹85.1 crore, reflecting a 14% growth from ₹74.5 crore in the same period last year, though it declined sequentially from ₹90.2 crore in Q3FY25.

For the full financial year FY25, Kfin Technologies achieved a revenue of ₹1,090.8 crore, up 30% from ₹837.5 crore in FY24. The net profit for FY25 surged by 35%, reaching ₹332.6 crore, compared to ₹246 crore in FY24.

Kfin Technologies shares opened at ₹1,233.80, reaching a high of ₹1,304.10 and a low of ₹1,226.60 during the trading session. The stock’s 52-week high stands at ₹1,641.35, while its 52-week low is ₹621.75.

KFin Technologies Q3 FY25 Results: Revenue up 32.6% YoY to Rs 290 crore, Net Profit up 34.9% YoY

Aditya Bhagchandani — Thu, 23 Jan 2025 11:36:41 +0000

KFin Technologies Limited announced its financial results for the third quarter (Q3 FY25), reflecting strong growth across key financial and operational metrics.

Q3 FY25 Financial Highlights:

Revenue from Operations: ₹290 crore, up 32.6% YoY.
EBITDA: ₹130.55 crore, marking a 33.4% YoY increase, with an EBITDA margin of 45%.
Profit After Tax (PAT): ₹90.18 crore, a 34.9% YoY growth, with a PAT margin of 31.1%.
Diluted EPS: ₹5.21, up 34.2% YoY.

9M FY25 Financial Highlights:

Revenue from Operations: ₹808 crore, reflecting a 32.6% YoY increase.
EBITDA: ₹356.75 crore, up 36.2% YoY, with an EBITDA margin of 44.1%.
Profit After Tax (PAT): ₹247.57 crore, marking a 44.3% YoY increase, with a PAT margin of 30.6%.
Diluted EPS: ₹14.34, up 43.4% YoY.

Operational and Business Updates:

Asset Under Administration Management (AAUM) grew by 42.8% YoY, reaching a market share of 32.6% in the industry.
Equity AAUM increased by 49.8% YoY, with a market share of 33.4%.
Added 366 new corporate clients and 8 million new investor folios, achieving a 48.1% market share in NSE500 companies.
The company’s Alternate Investment Fund (AIF) assets rose by 54.6% YoY to ₹1.4 trillion.

Management Commentary:

KFin Technologies highlighted its focus on international expansion, strategic partnerships, and consistent client onboarding, driving its strong performance in Q3 FY25. The company continues to lead in investor and asset management solutions, with significant market share gains across key verticals.

Outlook:

With robust financials and expanding global operations, KFin Technologies is well-positioned to sustain its growth trajectory in the coming quarters.

Kfin Technologies Q3 results: Stock jumps 5% ahead of result announcement

Aman Shukla — Thu, 23 Jan 2025 05:29:58 +0000

Kfin Technologies’ stock saw a significant jump of 5% in early trading, as investors await the company’s Q3 results.

The stock opened at ₹1,084.60, reaching a high of ₹1,145.00 and a low of ₹1,079.60 during the session. Despite today’s increase, Kfin Technologies’ shares have a 52-week high of ₹1,641.35 and a low of ₹538.90, reflecting notable volatility over the past year.

The upcoming quarterly earnings report has generated excitement, and market watchers are keen to see if the company’s performance continues to impress.

As of 11:00 AM, Kfin Technologies shares were trading 5.03% higher at Rs 1,133.90.

Stock Market Update, December 26: Amber Enterprises, KFin Technologies, Newgen Softwars and more hit 52-week highs today

Aman Shukla — Thu, 26 Dec 2024 10:31:24 +0000

On December 26, 2024, the Indian stock market witnessed a day of volatile trading, as benchmark indices showcased a mix of gains and losses across sectors. The BSE Sensex closed slightly lower at 78,472.48, down by just 0.39 points, reflecting the market’s indecision. On the other hand, the Nifty 50 ended the day on a positive note, gaining 22.55 points or 0.10% to close at 23,750.20.

Despite the fluctuations, several stocks reached their 52-week highs, reflecting strong momentum in the market. Here’s a look at some of the key stocks that hit their 52-week highs (as per Groww) on December 26, 2024:

Company	52-Week High	Price Change (%)
Amber Enterprises India	₹7,977.00	+8.52%
KFin Technologies	₹1,619.95	+7.80%
Newgen Software Technologies	₹1,725.00	+5.21%
Lloyds Metals & Energy	₹1,198.30	+1.84%
360 One Wam	₹1,312.10	+1.61%

Kfin Technologies shares surge 39% in past one month; Check details

Aman Shukla — Sat, 21 Dec 2024 09:51:05 +0000

KFin Technologies has witnessed an extraordinary surge in its share price over the past month, marking a 39% increase. The stock’s performance has captivated investors as it reached a 52-week high of ₹1,478.40 on December 20, 2024.

Performance Overview on December 20, 2024

Open: ₹1,405.00
High: ₹1,478.40
Low: ₹1,395.00
Close: ₹1,444.50

The significant movement aligns with the stock’s steady upward trend over the past month. Below is a detailed breakdown of the daily price movements (as per Investing) for the last 30 days.

Date	Price	Open	High	Low	Change %
Dec 20, 2024	1,444.50	1,405.00	1,478.40	1,395.00	+1.08%
Dec 19, 2024	1,429.05	1,302.10	1,446.95	1,296.05	+7.55%
Dec 18, 2024	1,328.70	1,243.00	1,342.90	1,228.50	+7.51%
Dec 17, 2024	1,235.90	1,249.90	1,257.00	1,227.95	-1.31%
Dec 16, 2024	1,252.30	1,231.05	1,260.40	1,220.15	-0.03%
Dec 13, 2024	1,252.70	1,245.85	1,254.90	1,225.35	+0.40%
Dec 12, 2024	1,247.65	1,260.00	1,278.15	1,238.40	-0.51%
Dec 11, 2024	1,254.00	1,250.05	1,260.85	1,234.45	+0.59%
Dec 10, 2024	1,246.65	1,268.50	1,268.55	1,228.00	-1.56%
Dec 09, 2024	1,266.35	1,271.40	1,295.15	1,251.75	-0.40%
Dec 06, 2024	1,271.40	1,263.05	1,285.00	1,235.05	+1.20%
Dec 05, 2024	1,256.35	1,219.00	1,313.70	1,210.40	+3.51%
Dec 04, 2024	1,213.70	1,205.00	1,239.00	1,192.00	-0.20%
Dec 03, 2024	1,216.10	1,183.80	1,243.15	1,178.55	+3.50%
Dec 02, 2024	1,174.95	1,169.80	1,182.95	1,133.70	+0.96%
Nov 29, 2024	1,163.75	1,157.35	1,196.90	1,138.70	+0.73%
Nov 28, 2024	1,155.35	1,150.80	1,177.35	1,143.45	+0.83%
Nov 27, 2024	1,145.80	1,163.95	1,175.00	1,129.05	-0.97%
Nov 26, 2024	1,157.00	1,107.80	1,174.75	1,105.00	+4.83%
Nov 25, 2024	1,103.65	1,081.00	1,113.75	1,077.35	+3.46%
Nov 22, 2024	1,066.70	1,039.80	1,084.50	1,024.15	+3.50%
Nov 21, 2024	1,030.65	1,013.95	1,035.70	1,003.05	+1.65%

The table highlights consistent gains in the stock’s value, reflecting strong investor confidence. The substantial increases on December 18 (+7.51%) and December 19 (+7.55%) were key drivers pushing the stock to its new peak.

KFin Technologies joins BlackRock’s Aladdin Provider Network to enhance fund administration services

Aman Shukla — Wed, 18 Dec 2024 08:00:30 +0000

KFin Technologies Ltd. (KFintech), a leader in technology and fund administration for asset management, has joined BlackRock’s Aladdin Provider Network.

This strategic partnership aims to enhance KFintech’s operating model, making it more standardized and efficient for asset managers. By joining this growing network of top global asset servicers, KFintech can offer superior fund administration and accounting services to clients.

The asset management industry often faces challenges with legacy systems, manual processes, and data inconsistencies, leading to inefficiencies and risks. By leveraging the Aladdin® platform’s proprietary data interfaces and workflows, KFintech can integrate data flows seamlessly, digitize manual processes, and streamline operations. This collaboration will enable KFintech to provide real-time insights, align reference data, and manage middle-office functions for asset managers more effectively.

Sreekanth Nadella, Managing Director and CEO of KFintech, expressed pride in joining the Aladdin network. He highlighted the benefits of Aladdin’s data connectivity in offering a more automated, error-free service to asset managers. With over four decades of expertise, KFintech is poised to deliver transformative, data-driven solutions globally, further strengthening its value proposition to asset managers.

KFIn Technologies stock jumps 2% after Jefferies raises target price to Rs 1,530

Aman Shukla — Wed, 18 Dec 2024 04:36:53 +0000

KFIn Technologies’ stock rose over 2% following Jefferies’ ‘Buy’ rating and target price increase to ₹1,530 per share. The brokerage’s positive outlook stems from strong growth prospects in the company’s domestic business, which is expected to expand at 15-20% annually. This growth is driven by robust demand for KFIn’s core services in India.

Jefferies also highlighted KFIn’s potential in Southeast Asia, where the company is gaining new licenses and expanding its international footprint. Additionally, the management’s openness to mergers and acquisitions could accelerate growth in the global market.

Kfin Technologies shares opened at ₹1,243.00, with a high of ₹1,280.80 and a low of ₹1,228.50 today. The stock has shown significant growth over the past year, reaching a 52-week high of ₹1,313.70, while its 52-week low stands at ₹456.25.

As of 10:05 am, Kfin Technologies shares were trading 2.23% higher at Rs 1,263.45 on the NSE.

KFin Technologies shares down nearly 3% – Know More

Aditya Bhagchandani — Tue, 29 Oct 2024 04:49:26 +0000

KFin Technologies Limited, a key player in the financial services sector, reported robust growth in its financial results for the second quarter ended September 30, 2024. However, despite strong earnings, the company’s shares fell by nearly 3% in early trading today.

Key Financial Highlights

Revenue: KFin Technologies reported a 35% year-on-year increase in revenue, reaching ₹291 crore in Q2 FY25, compared to ₹215 crore in the same period last year.
Sales: Sales for the quarter stood at ₹280 crore, up from ₹208 crore in Q2 FY24, showing a growth of 34%.
Net Income: Net income rose by 45% year-on-year, totaling ₹89.32 crore for the quarter, up from ₹61.37 crore in the previous year.
Earnings Per Share (EPS): The basic EPS from continuing operations increased to ₹5.21, compared to ₹3.62 a year ago. Diluted EPS from continuing operations also saw growth, reaching ₹5.16 from ₹3.58 in Q2 FY24.

H1 FY25 Performance

For the first half of FY25, KFin Technologies continued its growth momentum:

Revenue: Increased by 33% year-on-year to ₹536.67 crore from ₹402.09 crore in H1 FY24.
Net Income: Up 50% year-on-year, totaling ₹157.39 crore compared to ₹104.75 crore last year.
Basic EPS: Improved to ₹9.19, from ₹6.17 in H1 FY24, while diluted EPS rose to ₹9.11 from ₹6.11.

Despite the strong financial performance, the market reaction remained negative as the stock traded lower, potentially due to broader market trends or profit-booking. Analysts are closely watching the company’s progress as it sustains growth in a competitive financial services landscape.

KFin Technologies shares surge 3% following joint venture announcement with CAMS

Aman Shukla — Mon, 28 Oct 2024 08:12:30 +0000

KFin Technologies shares jumped more than 3% after the company announced a Joint Venture Agreement (JVA) with Computer Age Management Services (CAMS).

This strategic partnership aims to establish a new joint venture company (JVC) named MF Central, which will focus on developing, maintaining, and operating an innovative investment management platform tailored for the mutual fund industry. Both KFin Technologies and CAMS will equally share ownership of MF Central, with each company holding a 50% stake in this promising venture.

KFin Technologies shares opened at ₹951.55, reaching a high of ₹977.00 and a low of ₹950.55 during the trading session.

As of 1:41 pm, KFin Technologies shares were trading 3.26% higher at Rs 973.75 on the NSE.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

KFin Technologies surges 5% on strong Q2 performance

Aditya Bhagchandani — Mon, 23 Oct 2023 05:51:05 +0000

KFin Technologies witnessed a significant rally, surging by 5 percent to reach the day’s high of Rs 484 per share on October 23. This remarkable boost followed the company’s impressive financial performance in the second quarter of fiscal year 2023-24 (Q2FY24), where its profit-after-tax (PAT) soared by 28 percent year-on-year (YoY) to reach Rs 61.4 crore in the September-ended quarter.

The company’s robust financials were underscored by a 16 percent YoY growth in revenue from operations, reaching Rs 209 crore in Q2FY24 from Rs 180 crore in Q2FY23. Notably, KFin Tech expanded its clientele by adding 172 new corporate clients and 4 million investor folios under issuer solutions. Additionally, the company’s earnings before interest, tax, depreciation, and amortization (EBITDA) witnessed an impressive 32 percent YoY increase, reaching Rs 93 crore. The EBITDA margin also expanded by 540 basis points (bps) YoY to 44.8 percent in Q2FY24.

Sreekanth Nadella, the managing director and CEO of KFin Tech, expressed confidence about the company’s future prospects on CNBC-TV18, stating, “We expect to see high revenue growth going forward. Our margin band is expected to be in the range of 42-45 percent. Since we have not paid any dividend, we will use cash to fund the company’s inorganic growth going ahead.”

At 11:20 AM the shares of the company were 1.01% higher at ₹466.00

Stocks to watch: Bharti Airtel, RIL, NBFCs, LIC and more

Aryan Jakhar — Thu, 29 Dec 2022 02:42:18 +0000

Today’s penultimate trading day for the year 2022 is expected to be volatile, as global markets were seen reeling under selling pressure. Due to the monthly F&O expiry on Thursday, sharp movements in the latter portion of the trading day cannot be ruled out.

The SGX Nifty futures were quoted at 18,050 at 07:50 AM, compared to the actual Nifty 50 close of 18,122 yesterday.

Meanwhile, the following stocks are expected to experience some trading today.

KFin Technologies: Given the low demand for the IPO and the prevailing market sentiment, the company is likely to see a tepid listing. According to the GMP, the stock may open around its issue price of Rs 366 per share (Grey Market Premium).

SBI: The bank’s execution committee will meet on January 3rd to discuss a plan for collecting cash.

Bharti Airtel: According to a corporate executive, the telecom operator expects to invest up to Rs 28,000 crore in network infrastructure, with a focus on 5G rollout. While the business intends to boost capital investment by 10% to 15%, it has no intentions to charge a premium for 5G services because it has not worked in several nations that have attempted to do so.

Sheela Foam: According to media sources, the company plans to acquire out competitor Kurl-on for Rs 2,000 crore. According to an ICICIdirect analysis, Ghaziabad-based Sheela Foam distributes mattresses under the brand Sleepwell and has a market share of roughly 25%.

Reliance Industries: Mukesh Ambani has been the CEO of Reliance Industries (RIL) for the past 20 years. According to experts, RIL is a corporation for New India, having inherited historic textile and oil companies and expanding into retail, telecom, and digital.

NBFCs: While rising interest rates and tighter liquidity are negative signals for the financial sector, rising economic activity may result in increased business volumes for lenders.

Life Insurance Corporation of India (LIC): According to a top source familiar with the issue, the insurer has the resources to obtain a composite licence, and the insurance behemoth may consider entering the health and general insurance markets.

McLeod Russel: As part of the restructuring with secured lenders, debt-ridden McLeod Russel India is engaging with “several investors” to monetize assets and inject new cash. The company’s final third credit rating, which was postponed due to the Covid epidemic, is expected to be presented by January 10, according to the official.

Real Estate: Following a two-year pandemic-induced slump in the real estate market, 2022 provided a ray of light, with most industry categories recovering from Covid lows and recording strong year-on-year growth. According to industry experts, this growth trend is projected to continue in the calendar year 2023.

Stocks subject to a F&O ban: On Thursday, the only two stocks subject to a F&O ban were Balrampur Chini and Indiabulls Housing Finance.