Kfin technologies Limited has announced the launch of instant withdrawal capabilities under the NPS Swasthya Scheme, developed in partnership with Apollo 24/7. This initiative enables National Pension System subscribers to address healthcare expenses while maintaining their long-term retirement investments within a regulated framework.

Partnership Details and Functionality

The solution operates through collaboration with Apollo 24/7, making it available as a payment option on the Apollo 24/7 Payment App and portal. Subscribers can link their NPS Swasthya account with the Apollo 24/7 Payment app, enabling them to pay for medical expenses with the same convenience as making a UPI payment.

Technical Infrastructure and Process

As the Central Recordkeeping Agency under the National Pension System, KFin Technologies manages the complete transaction lifecycle. The company handles account validation, transaction processing, and settlement within the NPS system. When subscribers make eligible healthcare payments through the designated partner network, requests undergo secure validation, required units are redeemed according to applicable rules, and payments are directly settled to healthcare providers.

This technical framework ensures:

• Secure validation of healthcare payment requests
• Compliant unit redemption processes
• Direct settlement to healthcare providers
• Transparent and auditable transaction flows

Strategic Benefits and Framework

The NPS Swasthya Scheme addresses the challenge of healthcare financing while preserving retirement planning discipline. Subscribers can pay eligible medical expenses through their NPS Swasthya contribution while their remaining retirement corpus continues to stay invested for the future. This approach helps individuals manage real-life healthcare needs while maintaining financial discipline for retirement.

Management Commentary

Sreekanth Nadella, Managing Director and CEO of KFin Technologies Limited, commented on the initiative: "The NPS Swasthya Proof of Concept reflects a progressive step towards advancing financial inclusion by making retirement solutions more responsive to essential life stage needs such as healthcare, within a regulated framework. Enabling such flexibility within a long-term retirement system requires a robust technology and recordkeeping infrastructure to ensure governance, transparency, and rule-based processing, rather than discretionary access to funds."

Regulatory Innovation and Technology Integration

The initiative operates under the Sandbox framework, demonstrating the role of technology-driven recordkeeping infrastructure in supporting regulatory innovation within the NPS ecosystem. KFin Technologies' digital architecture ensures secure validation, compliant unit redemption, and auditable transaction flows while delivering a seamless experience for subscribers and safeguarding the continuity and integrity of their retirement corpus.

The announcement was made through a press release dated February 24, 2026, filed under Regulation 30 of the Securities and Exchange Board of India Listing Obligations and Disclosure Requirements Regulations, 2015.

KFin Technologies Limited has received an Environmental, Social, and Governance (ESG) rating of 66 from NSE Sustainability Ratings and Analytics Limited for the financial year 2024-25. The rating places the company in the "Aspiring" category, reflecting its commitment to sustainable business practices across multiple dimensions.

ESG Rating Overview

The comprehensive ESG assessment was conducted voluntarily by NSE Ratings based on the company's public disclosure on ESG parameters at the standalone level and other information available in the public domain. The rating follows SEBI's Master Circular for ESG Rating Providers dated July 11, 2025, which mandates ESG ratings on a scale of 0-100, where 100 represents the maximum score.

Pillar-wise Performance Analysis

The company's ESG performance demonstrates balanced progress across all three key pillars:

Environmental Performance

The Environmental score of 61 is driven by the company's year-on-year improvements in several critical areas:

• Reductions in direct and indirect emissions
• Decreased water usage and energy intensity
• Lower waste generation
• Robust waste recycling and recovery practices

Social Initiatives

The Social score of 64 reflects the company's focus on employee welfare and workplace diversity:

• Balanced gender diversity across the organization
• Comprehensive health insurance coverage for permanent employees
• Decline in employee and worker grievances

Governance Framework

The highest score of 70 in Governance demonstrates strong corporate governance practices:

• Well-structured board composition meeting regulatory requirements
• Committee structures with strong independent director representation
• Sound governance practices reinforcing organizational integrity

Regulatory Compliance and Timeline

The ESG rating disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The rating process timeline shows NSE Ratings shared the ESG Report on February 20, 2026, allowing the company until February 24, 2026, to provide comments. KFin Technologies confirmed no comments were required on February 23, 2026.

This ESG rating assignment represents KFin Technologies' ongoing commitment to sustainable business practices and transparent reporting across environmental, social, and governance dimensions.