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Updated - May 25, 2026 at 08:06 PM.

Central Depository Services Limited has received approval from Securities and Exchange Board of India to appoint Amit Mahajan and Nayana Ovalekar as executive directors on its board.
The Central Depository Services (CDSL) has received approval from the Securities and Exchange Board of India (SEBI) to appoint two new executive directors to the board: Amit Mahajan and Nayana Ovalekar. Amit Mahajan will oversee Vertical 1, which encompasses Critical Operations. Meanwhile, Nayana Ovalekar will take on Vertical 2, which covers Regulatory, Compliance, Risk Management, and Investor Grievances. The appointments are subject to ratification by the shareholders of CDSL and will be effective upon their respective dates of joining. The SEBI approval was communicated through letters dated Monday.
Published on May 25, 2026
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