KFin Technologies announced on January 15, 2026, that it has received a formal request for reclassification from Capital Foods Private Limited (CFPL), currently categorized under the 'Promoter Group' category. The entity seeks reclassification to the 'Public' category under Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Request Details and Timeline

The reclassification request was submitted on January 14, 2026, at approximately 8:19 p.m. IST. KFin Technologies informed both the National Stock Exchange of India Limited and BSE Limited about this development through official communication dated January 15, 2026.

Background and Justification

The reclassification request stems from significant changes in the ownership structure involving General Atlantic entities. Previously, General Atlantic Singapore Fund Pte. Ltd. (GASF) and its wholly-owned subsidiary General Atlantic Singapore CF Pte. Ltd. (GAS CF), along with Capital Foods Private Limited, were classified as 'Promoter & Promoter Group' of KFin Technologies.

The key development triggering this request is the complete divestment of GAS CF's stake in Capital Foods Private Limited. Following this divestment, CFPL is no longer related to the General Atlantic entities and has no stake or interest in KFin Technologies.

Current Shareholding Position

Notably, Capital Foods Private Limited does not hold any shares in KFin Technologies, which supports its case for reclassification to the public category.

Regulatory Compliance Confirmations

In accordance with Regulation 31A of the SEBI LODR Regulations, Capital Foods Private Limited has provided comprehensive undertakings to support its reclassification request:

• The entity, along with related persons, does not hold more than 10.00% of total voting rights in KFin Technologies
• No exercise of control over KFin Technologies affairs, directly or indirectly
• Absence of special rights through formal or informal arrangements, including shareholder agreements
• No representation on the Board of Directors and no nominee director
• Not acting as a Key Managerial Person in KFin Technologies
• Clean record as not being a wilful defaulter per RBI Guidelines for the last three years
• Not classified as a fugitive economic offender for the last three years

Next Steps

KFin Technologies has confirmed that the reclassification request will be placed before the Board of Directors for consideration. The company will take requisite action in accordance with Regulation 31A of the LODR Regulations. The formal request letter from Capital Foods Private Limited has been submitted as supporting documentation for the board's review.

This corporate action reflects the evolving ownership structures in the financial services sector and demonstrates compliance with SEBI's regulatory framework for promoter group reclassifications.

KFin Technologies Limited has received a formal request for promoter group reclassification from House of Anita Dongre Private Limited (HADPL), marking a significant corporate governance development. The request, submitted on January 07, 2026, seeks reclassification from the 'Promoter Group' category to the 'Public' category under SEBI regulations.

Background of the Reclassification Request

The reclassification request stems from recent corporate restructuring involving General Atlantic entities. Previously, General Atlantic Singapore Fund Pte. Ltd. (GASF) and General Atlantic Singapore HAD Pte. Ltd. (GAS HAD) held shareholdings in HADPL, which resulted in HADPL being classified as part of KFin Technologies' promoter group. Following the complete divestment of these stakes, HADPL no longer maintains any connection to the original promoter entities.

Regulatory Compliance and Undertakings

HADPL has provided comprehensive undertakings in accordance with Regulation 31A of the SEBI LODR Regulations. The entity has confirmed that it, along with persons related to it, does not hold more than 10.00% of total voting rights in KFin Technologies. Additionally, HADPL has affirmed that it exercises no control over the company's affairs, either directly or indirectly.

Key compliance confirmations include:

• No special rights or arrangements with KFin Technologies
• No representation on the Board of Directors
• No Key Managerial Person roles within the company
• Clean record as per RBI guidelines for the last three years
• No classification as fugitive economic offender

Current Status and Next Steps

KFin Technologies has acknowledged receipt of the reclassification request and will present it to the Board of Directors for consideration. The company will take requisite action in accordance with Regulation 31A of the LODR Regulations. The formal documentation includes HADPL's request letter as Annexure 'A' and has been communicated to both NSE and BSE.

Corporate Governance Implications

This reclassification request reflects the evolving shareholding structure following the General Atlantic entities' complete exit from HADPL. The move aligns with regulatory requirements that mandate accurate classification of entities based on their actual relationship and control mechanisms with listed companies. Upon approval, HADPL will transition from the promoter group category to public classification in KFin Technologies' shareholding pattern submissions to stock exchanges.