Matrimony.com Limited has announced a key change in its senior management team with the resignation of Mr. Vaitheeswaran.S, Vice President of Personalised Services. The resignation becomes effective as of the closing hours of March 31, 2026, marking the end of his tenure with the matrimonial services company.

Resignation Details

The company filed the mandatory disclosure with BSE Limited on March 30, 2026, in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The formal resignation was submitted on January 1, 2026, with the executive citing personal reasons for his departure.

Tenure and Contributions

In his resignation letter addressed to CEO Mr. Murugavel Janakiraman, Vaitheeswaran.S highlighted his significant contributions during his tenure spanning slightly above a decade. He expressed gratitude for the opportunity to contribute meaningfully to the company's growth, particularly in scaling up the Assisted RM channel business.

The outgoing Vice President noted a remarkable achievement during his tenure - expanding the Assisted RM channel business nearly 25 times, from 20L per month to nearly 5CR monthly revenue. This substantial growth demonstrates his impact on the company's personalised services division.

Regulatory Compliance

Matrimony.com has fulfilled all regulatory requirements regarding the senior management change. The company has:

• Filed the disclosure under Regulation 30 of SEBI Listing Regulations
• Provided detailed information as per SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023
• Uploaded the disclosure on the company website at www.matrimony.com
• Attached the resignation letter as supporting documentation

Transition Support

Vaitheeswaran.S has committed to supporting the transition process in any way needed, ensuring continuity in the Personalised Services division operations. The three-month notice period from January to March 2026 provides adequate time for knowledge transfer and succession planning.

The resignation represents a significant change for Matrimony.com's senior management team, particularly given the executive's long tenure and substantial contributions to the company's growth in the personalised services segment.

Matrimony.com Limited has granted 14,500 stock options to its employees under the Employee Stock Option Scheme 2014, as approved by the company's Nomination and Remuneration Committee on March 25, 2026.

Stock Option Grant Details

The committee, acting under the authority granted through a shareholder resolution passed via postal ballot on January 2, 2018, approved the grant with specific terms for employee compensation.

Exercise Price Determination

The exercise price of Rs.408.20 per share was determined based on the closing price of Matrimony.com's shares on the National Stock Exchange of India Limited on March 24, 2026. This pricing methodology ensures that the exercise price reflects the current market valuation of the company's equity.

Employee Benefits Structure

The granted stock options carry the right for employees to apply for an equivalent number of equity shares of the company. Each equity share has a face value of Rs.5, providing employees with potential ownership stakes in the organization based on the company's performance and their individual vesting schedules.

Regulatory Compliance

The grant operates under the comprehensive framework of ESOS 2014, ensuring all terms and conditions align with the established employee stock option scheme. The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating the company's commitment to transparent corporate governance and timely disclosure of material information to stakeholders.