The Board of Directors of eMudhra Limited, at its meeting held on May 06, 2026, approved the reappointment of two Independent Directors — Mrs. Chandra Lakshminarayan Iyer and Mr. Chandrasekar Padmanabhan — for a second term of five years each. The approvals were made based on the recommendation of the Nomination and Remuneration Committee and are subject to shareholder approval at the ensuing Annual General Meeting (AGM). The disclosures were made pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Reappointment Details

The following table summarises the key details of both reappointments as disclosed by the company:

Profile of Mrs. Chandra Lakshminarayan Iyer

Mrs. Chandra Lakshminarayan Iyer holds a bachelor's degree in commerce and a master's degree in commerce, both from the University of Mumbai. She also holds a diploma in financial management from the Directorate of Distance Education, University of Mumbai. She has previously served as the president of Anunta Technologies Management Services Limited for over two years, and is on the board of Lords Freight (India) Private Limited, Mahindra Retail Limited, and Mumbai Mantra Media Limited. She brings over 35 years of experience to her role.

Profile of Mr. Chandrasekar Padmanabhan

Mr. Chandrasekar Padmanabhan is a member of the Institute of Chartered Accountants of India and has also passed the final examination of the Institute of Company Secretaries of India. He has worked with ICICI Bank Limited for a period of over three years and carries over 35 years of professional experience. He was appointed as the first director of Erudite Capital Creations Private Limited and continued to hold that office till October 31, 2018. Both directors have confirmed that they are not related to any other director of the company and are not debarred from holding the office of director by virtue of any order passed by SEBI or any other authority.

Regulatory Compliance

The disclosures were made in accordance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The communication was signed by Johnson Xavier, Company Secretary & Compliance Officer (Membership No. A28304), on behalf of eMudhra Limited.

eMudhra Limited has reappointed CNGSN & Associates LLP as its internal auditor for the financial year 2026-27. The decision was taken by the Board of Directors during a meeting held on May 06, 2026. The reappointment is in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Reappointment

CNGSN & Associates LLP, a Chartered Accountancy firm, has been reappointed to serve as the internal auditor for the upcoming fiscal year. The firm was initially appointed during the previous financial year and will continue its association with eMudhra for the year 2026-27. The reappointment is effective from May 06, 2026.

Profile of CNGSN & Associates LLP

CNGSN & Associates LLP is a Limited Liability Partnership with LLP Identity No. AAC-9402. The firm is headquartered in Chennai, India, and was established in 1990 as a Partnership Firm before converting to a Limited Liability Partnership on November 19, 2014. The firm operates with 11 partners across multiple locations in South India, offering expertise in statutory audit, internal audit, management consulting, capital markets, taxation, private equity, and assurance services.

Key Information

The reappointment of CNGSN & Associates LLP underscores eMudhra's commitment to maintaining robust internal audit processes. The firm's extensive experience in various financial domains is expected to contribute to the company's governance and compliance frameworks.