Excelsoft Technologies Appoints Doreswamy Palaniswamy as Chief Executive Officer
Excelsoft Technologies Limited has announced the appointment of Mr. Doreswamy Palaniswamy as Chief Executive Officer effective April 01, 2026, following Board approval on March 27, 2026. The new CEO brings over 25 years of leadership experience across technology and financial management, with previous roles at ISS, Quess Corp, SMS, and KPIT, and will focus on driving growth and expanding into new industry verticals.

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Excelsoft Technologies Limited has announced a significant leadership appointment, naming Mr. Doreswamy Palaniswamy as the company's new Chief Executive Officer. The appointment was approved by the Board of Directors at their meeting held on March 27, 2026, following a recommendation from the Nomination and Remuneration Committee.
Board Meeting Outcome
The Board of Directors meeting commenced at 16:53 hours (IST) and concluded at 17:25 hours (IST) on March 27, 2026. The company has informed BSE Limited and National Stock Exchange of India Limited about this appointment pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
| Parameter: | Details |
|---|---|
| Meeting Date: | March 27, 2026 |
| Meeting Duration: | 16:53 hours to 17:25 hours (IST) |
| Primary Agenda: | CEO Appointment |
| Regulatory Compliance: | SEBI Listing Regulations |
Appointment Details
| Parameter: | Details |
|---|---|
| Name: | Mr. Doreswamy Palaniswamy |
| Position: | Chief Executive Officer (CEO) |
| Effective Date: | April 01, 2026 |
| Term: | Until resignation or retirement (whichever is earlier) |
| Shareholding: | Nil |
Professional Background and Qualifications
Mr. Doreswamy Palaniswamy brings over 25 years of diverse leadership experience across technology, services, and financial management. He has demonstrated a strong track record of building scalable businesses, strengthening governance frameworks, and driving long-term value creation. His experience combines entrepreneurial ventures with institutional leadership, focusing on building scalable, high-growth, and governance-driven organizations.
Career Experience
Mr. Palaniswamy has held senior leadership roles in several prominent organizations including ISS, Quess Corp, SMS, and KPIT. In these roles, he contributed significantly to business growth, operational excellence, and strategic initiatives. As Co-Founder of CredoPay Technology Services Private Limited, he led the development of a global payment orchestration platform, working closely with banks, fintech companies, and international partners.
Educational Qualifications
| Qualification: | Details |
|---|---|
| Professional: | Member of the Institute of Chartered Accountants of India (ICAI) |
| Management: | Master's Program in Management of Global Enterprises from IIM Bangalore |
Strategic Focus Areas
In his new role as CEO, Mr. Palaniswamy will focus on several key strategic initiatives including driving growth across the organization, expanding into new industry verticals, strengthening institutional capabilities, and building a scalable, platform-led business. Mr. Palaniswamy brings significant experience in working with Boards and investors, which will be valuable in his leadership role.
Regulatory Compliance and Disclosures
The appointment has been made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointee has no relationships with any of the Directors or Key Managerial Personnel of the company and is not debarred from holding the office of CEO by virtue of any SEBI order or any other authority. All necessary disclosures have been provided to BSE Limited and National Stock Exchange of India Limited as per regulatory requirements.
Historical Stock Returns for Excelsoft Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.49% | +2.85% | -11.12% | -39.84% | -39.84% | -39.84% |
What specific new industry verticals is Excelsoft Technologies likely to target under Mr. Palaniswamy's leadership given his fintech and payment platform experience?
How might Mr. Palaniswamy's background in building payment orchestration platforms influence Excelsoft's technology strategy and product roadmap?
Will Excelsoft Technologies consider strategic partnerships or acquisitions in the fintech space to leverage the new CEO's industry connections?

































