IndoStar Capital Finance Limited has announced strategic changes to its senior management team, effective January 20, 2026. The company communicated these developments to the National Stock Exchange of India and BSE Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Leadership Restructuring Details

The management changes involve two key appointments within the technology leadership structure. The company has re-designated Mr. Amit Kothari from his current position as Chief Technology Officer to the newly created role of Chief AI Officer. Simultaneously, Mr. Shivam Choudhary has been appointed as the new Chief Technology Officer, both positions classified as Senior Management Personnel.

New CTO Profile and Experience

Mr. Shivam Choudhary brings extensive experience to his new role as Chief Technology Officer. His professional background spans 19 years in Information Technology, with specialized expertise in several critical areas:

• Digital Transformation: Leading large-scale technology initiatives across diverse industries
• Fintech Innovation: Driving technological advancement in financial services
• IT Strategy: Developing comprehensive technology roadmaps for organizational growth
• Enterprise Solutions: Successfully implementing technology solutions to optimize operations and enhance customer experience

Strategic Technology Leadership

The new CTO has demonstrated proven capabilities in managing substantial technology investments. His experience includes strategically managing multi-million-dollar IT budgets while ensuring cost optimization and maximizing returns on technology investments. This expertise aligns with the company's focus on sustainable growth through technological advancement.

Regulatory Compliance

The appointments were formally communicated through proper regulatory channels, with Company Secretary & Compliance Officer Shikha Jain signing the official notification. The disclosure follows SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, ensuring full compliance with listing obligations and disclosure requirements.

These strategic appointments reflect IndoStar Capital Finance's commitment to strengthening its technology leadership capabilities, particularly in artificial intelligence and digital transformation areas critical to modern financial services.

IndoStar Capital Finance Limited has informed stock exchanges about a structural change in its statutory auditor firm. The company disclosed this development under Regulations 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Firm Conversion Details

The company's statutory auditor, M S K A & Associates, Chartered Accountants, has converted itself into a Limited Liability Partnership (LLP) structure under the provisions of the Limited Liability Partnership Act 2008. The conversion became effective from January 13, 2026.

Continuity of Audit Services

IndoStar Capital Finance confirmed that despite the structural change, M S K A & Associates LLP will continue to function and discharge their obligations as statutory auditors. The firm will serve for the remaining period of their tenure of appointment as statutory auditors, ensuring no disruption in the company's audit processes.

Regulatory Compliance

The disclosure was made pursuant to the mandatory requirements under SEBI Listing Regulations. Company Secretary and Compliance Officer Shikha Jain signed the notification, which was submitted to both BSE Limited and National Stock Exchange of India Limited on January 16, 2026.

This conversion represents a structural reorganization of the audit firm while maintaining continuity in IndoStar Capital Finance's statutory audit arrangements. The LLP structure typically provides enhanced operational flexibility and liability protection for professional service firms.