BSE Limited shareholders have ratified the appointments of Saurabh Shukla and Gopalan S. Raghavan as Executive Directors, marking a key step in the exchange’s leadership restructuring. The resolutions were passed via a postal ballot that concluded on July 24, 2026, with both candidates securing more than 91% support from voting shareholders. This approval solidifies the Board’s earlier decision to appoint the executives to critical operational and regulatory roles within the organization.

The postal ballot was conducted in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The e-voting window opened on June 25, 2026, at 9:00 a.m. IST and closed on July 24, 2026, at 5:00 p.m. IST. Bhaskar Upadhyay of N L Bhatia & Associates served as the independent scrutinizer for the process, verifying votes through Central Depository Services (India) Limited (CDSL). As of the cut-off date of June 19, 2026, 9,85,365 members were eligible to vote, excluding trading members and their associates.

Voting Results

Shareholders voted on two ordinary resolutions to ratify the appointments. The promoter group did not participate in the voting. Public institutional and non-institutional shareholders drove the turnout, with significant majorities supporting both candidates.

Saurabh Shukla will serve as Executive Director – Critical Operations (Vertical 1), while Gopalan S. Raghavan will take charge as Executive Director – Regulatory, Compliance, Risk Management and Investor Grievances (Vertical 2). The high level of support indicates strong confidence among investors in the new leadership structure.

Governance and Compliance

The Postal Ballot Notice was dispatched on June 24, 2026, to 9,55,613 members with registered email IDs. To ensure transparency, BSE published advertisements in Financial Express and Navshakti on June 25, 2026, detailing the voting procedure. The scrutinizer’s report confirms that all procedural requirements under Section 110 of the Companies Act, 2013, and Rule 22 of the Companies (Management and Administration) Rules, 2014, were met. The resolutions are deemed passed as of the last date of e-voting.

BSE Limited has released the web-link for its Annual Report for the financial year 2025-26, ensuring accessibility for all shareholders. The disclosure was made on July 23, 2026, pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This action specifically targets shareholders who have not registered their email addresses with the Company’s Registrar and Transfer Agents or Depositories, allowing them to view the annual report online rather than receiving a physical copy.

The intimation was submitted to the Listing Department of the National Stock Exchange of India Limited (NSE) under Regulation 30 of the SEBI Listing Regulations. Vishal Bhat, Company Secretary & Compliance Officer of BSE Limited, signed the disclosure. The letter accompanying the submission confirms that the web-link and the exact path to access the Notice of the 21st Annual General Meeting (AGM) and the Annual Report have been communicated to these specific shareholders.

Shareholders can access the Annual Report directly via the company’s website at www.bseindia.com . The specific navigation path provided is: Investor Relations > Annual Report > Select Year 2025-2026 > BSE Limited - Annual Report. The direct link for investor relations annual reports is also available at https://www.bseindia.com/investor-relations/annual-reports .

In addition to the annual report release, the communication informs shareholders about the upcoming 21st AGM of BSE Limited. The meeting is scheduled to be held on Wednesday, August 19, 2026, at 3:00 p.m. (IST). The AGM will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in compliance with regulatory guidelines for virtual meetings.

BSE Limited has urged shareholders to register or update their Know Your Customer (KYC) details with their respective Depository Participants if they hold shares in demat form, or with the Company’s RTA if shares are held in physical form. This step is necessary to receive future communications electronically, aligning with the push towards digital shareholder engagement. The company encourages shareholders to read the Annual Report and attend the AGM to participate in the decision-making processes.

Key Details

The release of the annual report web-link is a standard compliance requirement for listed entities in India. It ensures transparency and equal access to information for all shareholders, regardless of their preference for electronic or physical communication channels. The availability of the report online allows investors to review the financial performance and strategic updates of BSE Limited for the fiscal year 2025-26 ahead of the AGM.