National Securities Depository Ltd has scheduled its 14th Annual General Meeting for Tuesday, September 22, 2026. The meeting will commence at 11:30 am through video conferencing or other audio-visual means.

The company submitted its 14th Annual Report for FY26 along with the notice of the meeting to the Bombay Stock Exchange on August 31, 2026. The filing complies with Regulations 30 and 34(1) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Meeting Details

The deemed venue for the AGM is the company’s registered office located at Naman Chambers in Bandra Kurla Complex, Mumbai. Shareholders whose email addresses are not registered with the company or the Registrar and Transfer Agent will receive a letter containing a web link to access the notice and annual report.

The documents are also available on the company’s website. The meeting aims to transact business as outlined in the convening notice.

Key Resolutions

The AGM agenda includes several ordinary and special resolutions requiring shareholder approval.

Final Dividend Declaration

The Board of Directors recommended a final dividend of ₹4 per equity share of face value ₹2 each for the financial year ended March 31, 2026. This represents a 200% payout ratio. The record date for determining eligibility for the dividend is Friday, September 11, 2026. If approved, the dividend will be credited directly to shareholders' bank accounts.

Director Appointments and Re-appointments

Shareholders will vote on the re-appointment of Mr. Sriram Krishnan as Non-Independent Director. He retires by rotation and is eligible for re-appointment. Mr. Krishnan serves as Chief Business Development Officer at NSE and brings over 30 years of experience in banking and capital markets.

Additionally, the meeting will consider special resolutions for the appointment of two Executive Directors:

• Mr. Subhash Kelkar: Appointed as Executive Director for Vertical 1 (Critical Operations). He joins from BSE, where he served as Chief Technology Officer. His five-year term begins July 2, 2026.
• Mr. Ankit Sharma: Appointed as Executive Director for Vertical 2 (Regulatory, Compliance, Risk Management & Investor Grievances). He joins from NSE, where he is Chief Regulatory Officer. His five-year term begins upon joining.

Compensation Structure

Both new Executive Directors have been offered identical compensation packages for their first year.

The compensation includes a Performance Linked Incentive (PLI) constituting 25% of total pay. Fifty percent of the variable PLI will be deferred for a minimum of three years, subject to malus and claw-back arrangements. No ESOPs or equity-linked instruments are part of the compensation.

Mr. Sharma is eligible for a one-time sign-on bonus of ₹49,18,000 towards car purchase costs, subject to a 12-month recovery clause.

Voting and Logistics

The book closure period runs from Saturday, September 12, 2026, to Monday, September 21, 2026. The cut-off date for determining eligibility for remote e-voting is Tuesday, September 15, 2026.

Remote e-voting will be open from Friday, September 18, 2026, at 9:00 am to Monday, September 21, 2026, at 5:00 pm. Members can vote electronically via the NSDL e-voting platform or during the AGM through VC/OAVM.

National Securities Depository Ltd will host an analyst and institutional investor meeting on September 3, 2026. The session is scheduled as part of the Ashwamedh – Elara India Dialogue 2026 Conference.

Meeting Details

The company disclosed the schedule pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will be held in person at a physical location in Mumbai.

Alen Ferns, Company Secretary and Compliance Officer, confirmed the intimation to the BSE Listing Compliance Department on August 27, 2026. The company noted that the schedule may change due to exigencies and any revisions will be communicated to the stock exchange.