BSE Limited has approved the appointment of Shri Gopalan S. Raghavan as Executive Director for Vertical 2, overseeing Regulatory, Compliance, Risk Management, and Investor Grievance, effective June 18, 2026. The appointment is subject to ratification by shareholders and will remain in force until he attains the age of 65. The Board has also recommended shortlisted names for the post of Executive Director for Vertical 3 to the Securities and Exchange Board of India for approval under the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018.

In a separate leadership change, Ms. Kamala Kantharaj resigned as Chief Regulatory Officer effective May 29, 2026. She has been redesignated as Chief - Special Duty, a Key Management Personnel role, effective June 5, 2026. She will continue to report to the Managing Director & Chief Executive Officer until her last working day on August 26, 2026. To fill the vacancy, Ms. Geetha Gangadharan has been appointed as the new Chief Regulatory Officer, designated as Key Management Personnel and Senior Management, effective June 5, 2026, until she attains the age of 60.

Key Appointments and Changes

The following table summarizes the personnel changes approved by the Board:

Executive Profiles

Shri Gopalan S. Raghavan brings over 30 years of experience in capital markets, having previously served as Executive Director and Interim Managing Director at National Securities Depository Limited. A Fellow Member of the Institute of Chartered Accountants of India and an Associate Member of the Institute of Company Secretaries of India, he has also held leadership roles at CLSA India and was part of the founding team at the Securities and Exchange Board of India.

Ms. Geetha Gangadharan is a legal professional with over three decades of experience in regulatory enforcement and policy advocacy. She holds LL.M. and LL.B. degrees from the University of Calicut and has completed international regulatory programs at Harvard Law School. She previously served as Chief General Manager and Head of Enforcement at SEBI and has worked with the Reserve Bank of India and the Central Bank of the UAE.

BSE Limited has cancelled the one-on-one investor meeting with Baillie Gifford that was scheduled for June 1, 2026. The cancellation was communicated to the National Stock Exchange of India Limited on June 1, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company continues to proceed with other scheduled interactions.

The meeting with Baillie Gifford was initially planned as a physical session in Mumbai. In a disclosure dated May 26, 2026, the company had outlined a series of meetings with global investors. The schedule remains active for other funds, barring the cancellation of the Baillie Gifford interaction.

Meeting Schedule

The company had previously noted that schedules are subject to change due to exigencies on the part of the analyst, investor, or the company. The information regarding the updated meeting schedule is available on the company's official website.