US-based investment firm Wasatch Advisors LP has increased its stake in KFin Technologies Ltd through a substantial acquisition disclosed under SEBI regulations. The Salt Lake City-based investment advisor acquired additional shares through open market purchases, crossing the regulatory disclosure threshold.

Transaction Details

The acquisition involved the purchase of 263,663 shares of KFin Technologies through open market transactions executed on December 29, 2025. This represents 0.153% of the company's total share capital.

Shareholding Position

Following the acquisition, Wasatch Advisors LP's total shareholding in KFin Technologies has increased from 7.067% to 7.220%. The detailed shareholding comparison shows the firm's growing investment in the financial services company.

Company Information

KFin Technologies Ltd maintains its equity share capital at ₹1,724,010,000.00, based on a par value of ₹10.00 per share and total issued shares of 172,401,000. The company's shares are listed on both BSE and NSE, trading under the symbols 543720 and KFINTECH respectively.

Regulatory Compliance

The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, on December 30, 2025. Dan Thurber, Vice President and General Counsel of Wasatch Advisors LP, signed the disclosure on behalf of the firm. Wasatch Advisors LP is not part of the promoter or promoter group of KFin Technologies Ltd.

About the Acquirer

Wasatch Advisors LP operates from 505 Wakara Way, 3rd Floor, Salt Lake City, UT 84108, USA. The firm has been systematically building its position in KFin Technologies, with this latest acquisition representing its continued confidence in the Indian financial services company.

KFin Technologies Limited has successfully completed its postal ballot process with all three proposed resolutions receiving shareholder approval. The company announced the results following the conclusion of e-voting on December 18, 2025, as confirmed by the scrutinizer's report.

Postal Ballot Results Overview

The voting process, conducted entirely through e-voting from November 19 to December 18, 2025, saw participation from shareholders representing significant voting power. All three resolutions were passed with requisite majority as per regulatory requirements under Section 110 of the Companies Act, 2013.

Resolution-wise Voting Results

Resolution 1 - Appointment of Nominee Director Shareholders approved the appointment of Mr. Devang Gheewalla (DIN: 07480378) as Nominee Director with overwhelming support. Mr. Gheewalla, currently serving as Group Chief Financial Officer at Kotak Mahindra Bank Limited, brings over two decades of experience spanning group finance, taxation, strategy, and operations.

Resolution 2 - Designation Change The second resolution, approving the change in designation of Mr. Alok Chandra Misra (DIN: 01542028) from Non-Executive Nominee Director to Non-Executive Director along with his remuneration, was passed as a special resolution. This change follows the withdrawal of his nomination by General Atlantic Singapore Fund Pte. Ltd.

Resolution 3 - Independent Directors' Remuneration Shareholders approved the remuneration structure for Non-Executive Independent Directors with exceptional support.

Director Remuneration Structure

The approved remuneration structure for directors reflects competitive compensation in the financial services technology sector.

Regulatory Compliance and Process

The postal ballot notice was dispatched to eligible members on November 18, 2025, with the cut-off date set as November 14, 2025. The company ensured full regulatory compliance by publishing advertisements in Financial Express (English) and Navshakti (Marathi) newspapers on November 19, 2025.

The scrutinizer, S.N. Ananthasubramanian & Co., Company Secretaries, confirmed that all votes cast by members were found to be valid. The e-voting platform was provided by NSDL, ensuring secure and transparent voting process.

The successful completion of this postal ballot strengthens KFin Technologies' corporate governance framework and board composition, reflecting the company's commitment to maintaining robust leadership while ensuring appropriate compensation structures for its directors.