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National Securities Depository Limited (NSDL) has received approval for the re-appointment of Mr. Sanjay Panicker as a Non-Independent Director on its Governing Board, effective September 29, 2025. Mr. Panicker, who joined NSDL in January 2025, contributes over 28 years of experience in corporate financing and accounts. His background includes serving as Executive Director at IDBI Bank. This re-appointment ensures the company's board retains a director with deep financial expertise and strategic insight, reinforcing stable governance crucial for NSDL's ongoing operations and future direction.