IIFL Capital Services Ltd has designated Amit Gupta as its new Chief Compliance Officer (CCO) to strengthen its regulatory compliance and risk management framework. The appointment, effective June 15, 2026, was approved by the board of directors through a circular resolution. Gupta replaces Prasad Umarale, who ceased to hold the position of CCO and Senior Management Personnel (SMP) on the same date.

The company disclosed the appointment pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was read with SEBI Master Circular No. HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026. The company secretary, Meghal Abhishek Shah, confirmed the filing on behalf of the company.

Amit Gupta is a Chartered Accountant with over two decades of experience in regulatory compliance, corporate governance, and risk management across the financial services sector. His expertise covers Portfolio Management Services (PMS), Alternative Investment Funds (AIFs), Registered Investment Advisers (RIAs), and Wealth Management. He has previously worked on offshore fund structures and mutual funds, focusing on building compliance frameworks and governance standards.

Prior to joining IIFL Capital Services, Gupta served as Group Chief Compliance Officer at ASK Investment Managers. In that role, he led regulatory compliance, regulatory liaison, and enterprise-wide compliance transformation initiatives. His experience includes regulatory affairs, policy advocacy, compliance automation, and risk monitoring, having worked with domestic and global institutional stakeholders.

The details of the appointment and cessation of the previous officer are outlined in the table below:

IIFL Capital Services Limited shareholders approved the issuance of equity shares through a preferential issue and alterations to its Articles of Association during its Extra-Ordinary General Meeting (EGM) held on June 1, 2026. The resolutions were passed with the requisite majority, securing over 99.99% of the votes cast, which strengthens the company's capital structure and governance framework.

The meeting, conducted via Video Conferencing and Other Audio Visual Means (VC/OAVM), was held in accordance with a Notice dated May 7, 2026, and a Corrigendum dated May 21, 2026. A total of 42 members participated through VC/OAVM, reckoned under Section 103 of the Companies Act, 2013. The proceedings were chaired by Ms. Rekha Warriar, Chairperson and Independent Director, while Mr. R. Venkataraman, Managing Director, briefed the members on the proposals.

Remote e-voting was facilitated by Central Depository Services (India) Limited (CDSL) from 9:00 a.m. on May 27, 2026, until 5:00 p.m. on May 31, 2026. The cut-off date for determining member eligibility was May 25, 2026. CS Snehal Shah of Snehal Shah & Associates was appointed as the Scrutinizer to oversee the voting process, ensuring compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Voting Results Summary

The Scrutinizer's Report confirmed that both special resolutions were approved by the members. The detailed voting patterns reflect strong support across promoter and public categories.

The total number of votes cast for the first resolution was 21,14,10,313, representing 67.88% of the outstanding shares. For the second resolution, the total votes cast were 21,14,10,313, also representing 67.88% of the outstanding shares. The Promoter and Promoter Group cast 8,94,23,714 votes in favour of both resolutions, with no votes against. Public Institutions and Non-Institutions also supported the resolutions, with minimal opposition.