KFin Technologies Limited has announced the resignation of its Chief Technology Officer, Mr. Venkatagiri Vonkayala, effective February 15, 2026. The company informed stock exchanges about this senior management change in compliance with regulatory requirements.

Resignation Details

Mr. Venkatagiri Vonkayala tendered his resignation as Chief Technology Officer on November 16, 2025, with his last working day being February 15, 2026. In his resignation letter, he cited "pursuit of better opportunity" as the reason for leaving the company.

Regulatory Compliance

The company disclosed this information pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made to both the National Stock Exchange of India Limited and BSE Limited on February 16, 2026.

Management Acknowledgment

In his resignation letter addressed to the company, Mr. Vonkayala expressed gratitude to the Board of Directors and management for their support during his tenure. He wished the company success in its future endeavors. The resignation was signed by Company Secretary and Compliance Officer Alpana Kundu, who holds ICSI Membership No. F10191.

Documentation

The company has provided complete documentation including the resignation letter and regulatory disclosures as required under SEBI's Master Circular and exchange circulars. All necessary annexures have been submitted to ensure full compliance with listing obligations and disclosure requirements.

KFin Technologies Limited delivered impressive financial performance for the third quarter of fiscal year 2026, demonstrating strong growth momentum across its business segments. The technology-driven financial services company reported substantial increases in both revenue and profitability, reinforcing its market leadership position.

Financial Performance Overview

The company's consolidated financial results for Q3FY26 showed robust growth across key metrics. Net profit surged to ₹919.93 million compared to ₹901.78 million in the corresponding quarter of the previous year, marking a healthy 27.8% year-on-year increase.

Segment-wise Performance

All three operating segments contributed to the company's strong performance during the quarter. The domestic mutual fund investor solutions segment remained the largest revenue contributor, generating ₹2,244.09 million compared to ₹2,082.00 million in Q3FY25.

The international and other investor solutions segment showed exceptional growth of 143.2%, primarily driven by the Ascent acquisition and expanded global operations.

Nine-Month Performance

For the nine-month period ended December 31, 2025, the company maintained its growth trajectory with consolidated revenue reaching ₹9,541.63 million, up from ₹8,080.54 million in the corresponding period of the previous year. Net profit for the nine-month period stood at ₹2,625.63 million compared to ₹2,475.72 million, representing a 6.1% increase.

Strategic Acquisitions and Business Highlights

The company completed a significant strategic acquisition during the period, acquiring a 51% controlling stake in Ascent Fund Services (Singapore) Pte. Ltd. for ₹3,076.98 million. This acquisition strengthens KFin's position in the global fund administration services market, with Ascent contributing ₹478.33 million to the group's revenues during the quarter.

The company's international and other investor solutions segment now serves 428 clients, with overall assets under management growing 325.3% year-on-year to US$40.9 billion. Ascent won 47 new funds during the quarter, while KFintech SEA business secured 7 deals including a maiden pension administration platform deal from one of the largest banks in Philippines.

Market Leadership and Client Wins

KFin Technologies maintained its market leadership position across business segments. The company's overall AAUM growth stood at 17.9% year-on-year versus 18.1% for the industry, with market share at 32.5%. In equity AAUM, the company achieved 15.3% year-on-year growth with market share at 32.7%.

The company won RTA deals from two new AMCs - Nuvama Wealth Management Limited and Monarch Networth Capital Limited, and secured two SIF mandates from AMC clients. In the issuer solutions segment, KFin added 413 new corporate clients and was appointed as RTA for Chambal Fertilisers and BLS International Services.

Earnings Conference Call and Regulatory Disclosure

Following the announcement of Q3FY26 results, the company conducted an earnings conference call on February 16, 2026. In compliance with regulatory requirements under Regulation 30 of the SEBI LODR Regulations, KFin Technologies has made the audio recording of the earnings conference call available on its website for stakeholder access and transparency.

Exceptional Items and Financial Position

The company reported an exceptional item of ₹85.55 million related to the statutory impact of new Labour Codes implemented by the Government of India. This one-time impact primarily relates to provisions for long-term employee benefits due to changes in wage definitions. The company maintains a provision of ₹88.65 million related to potential claims from a past client matter involving unauthorized share transfers by a depository participant.

KFin Technologies ended the quarter with cash and cash equivalents of ₹5,072.7 million, providing strong financial flexibility for future growth initiatives and strategic investments.