Excelsoft Technologies Limited's Board of Directors conducted a meeting on February 06, 2026, approving significant changes in Key Managerial Personnel under Regulation 30 of SEBI Listing Obligations. The meeting commenced at 16:00 Hrs (IST) and concluded at 21:15 Hrs (IST), addressing strategic organizational changes and personnel transitions.

Key Managerial Personnel Resignation

The Board approved the resignation of Mr. Venkatesh Dayananda from his position as Company Secretary and Compliance Officer. In his resignation letter dated February 06, 2026, Mr. Dayananda cited his decision to pursue an alternate career outside of the organization. The resignation becomes effective from the close of business hours on February 27, 2026.

Regulatory Compliance and Documentation

The personnel changes were implemented pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally communicated these changes to both BSE Limited (Scrip Code: 544617) and National Stock Exchange of India Limited (Scrip Symbol: EXCELSOFT), ensuring full regulatory compliance.

Board Authorization and Documentation

The resignation was processed based on recommendations from the Nomination and Remuneration Committee. Chairman & Managing Director Dhananjaya Sudhanva (DIN: 00423641) signed the official disclosure documentation, which was digitally executed on February 07, 2026. All relevant documentation, including the resignation letter and regulatory filings, has been properly recorded and submitted to appropriate authorities.

Corporate Governance Framework

The management transition reflects Excelsoft Technologies' commitment to maintaining robust corporate governance standards and regulatory compliance. The company has ensured transparent communication of personnel changes to stakeholders and regulatory bodies, adhering to prescribed disclosure requirements under SEBI Listing Regulations. Additional information regarding these changes is available on the company's investor relations website at excelsoftcorp.com/investors.

Excelsoft Technologies Limited has announced a strategic partnership with ASEAMETRICS to deliver the Civil Service Commission of the Philippines' Civil Service Digital Examination (CSC DeX) system. This collaboration marks a significant step in the Commission's nationwide transition to secure, technology-enabled assessments beginning in 2026.

Partnership Overview

The partnership combines Excelsoft's globally proven SARAS eAssessment platform with ASEAMETRICS' expertise in public-sector transformation. Together, they will enable a scalable, cloud-based examination system designed to complement and progressively replace legacy testing modes for Civil Service Examinations.

Technology Platform Capabilities

The SARAS platform will deliver comprehensive digital assessment capabilities including:

• Secure test creation and delivery
• AI-enabled remote and on-site proctoring
• Real-time monitoring systems
• Psychometric analytics
• Comprehensive reporting features

These features are designed to ensure fairness, transparency, and examination integrity at scale while improving accessibility, reliability, and operational efficiency.

Implementation Strategy

ASEAMETRICS will lead the initial rollout of CSC DeX, with the first phase covering up to 50,000 tests. This implementation aims to strengthen merit-based recruitment into the Philippine civil service while enhancing the overall candidate experience. The phased deployment approach will allow for systematic integration throughout 2026.

Leadership Perspectives

Liza Manalo-Mapagu, Chief Executive Officer of ASEAMETRICS, emphasized the partnership's commitment to enabling trusted, future-ready Civil Service Examinations through secure, inclusive, and scalable technology. She highlighted the collaborative effort with Excelsoft Technologies and the Civil Service Commission in redefining public-sector talent assessment in the digital age.

Ajay Kulkarni, Head of Global Sales at Excelsoft Technologies, expressed enthusiasm about partnering with ASEAMETRICS on their digital excellence journey. He noted that the SARAS and easyProctor platforms will empower organizations to transform assessment delivery, embrace AI technology, and improve outcomes for end customers.

About the Partners

ASEAMETRICS operates as a consulting and HR technology firm specializing in organizational transformation through integrated strategy, analytics, and technology-driven solutions across talent, learning, and organizational development.

Excelsoft Technologies Limited serves as a global provider of education and assessment technology solutions, supporting 200+ organizations and over 30 million users worldwide. The company's platforms enable secure, scalable, and AI-enabled digital learning and assessment across multiple sectors.