KFin Technologies Share price

Our Company was originally incorporated under the Companies Act 2013 as ‘KCPL Advisory Services PrivateLimited’ and was granted a certificate of incorporation by the Registrar of Companies Telangana at Hyderabad (“RoC”) on June 8 2017. The Board of our Company approved the change in the name of our Company from ‘KCPL Advisory Services Private Limited’ to ‘Karvy Fintech Private Limited’by their resolution dated July 22 2017 which was thereafter approved by the Shareholders of our Company through their resolution dated July 24 2017 and a fresh certificate of incorporation under the Companies Act 2013 was issued by the RoC on August 10 2017. Pursuant to the Scheme of Amalgamation between Karvy Consultants Limited (“KCL”) Karvy Computershare Private Limited (“KCPL”) and our Company all the assets and liabilities pertaining to the RTA business of KCL (including but not limited to the equity investment of KCL in KCPL) were demerged into our Company on a going concern basis; and KCPL was amalgamated into our Company with effect from November 17 2018. The Board of our Company approved the change in the name of our Company from ‘Karvy Fintech Private Limited’ to ‘KFin Technologies Private Limited’ through their resolution dated November 25 2019 which was thereafter approved by the Shareholders of our Company through their resolution dated November 30 2019 and a fresh certificate of incorporation under the Companies Act 2013 was issued by the RoC on December 5 2019. The Board of our Company approved the conversion of our Company from a ‘private limited company’ to a ‘public limited company’ through their resolution dated January 8 2022 which was thereafter approved by the Shareholders of our Company through their resolution dated January 28 2022. Pursuant to the conversion of our Company into a public limited company the name of our Company was changed from ‘KFin Technologies Private Limited’ to ‘KFin Technologies Limited’ and a fresh certificate of incorporation dated February 24 2022 was issued by the RoC.Major events and milestones:2017 -Our Company was incorporated as ‘KCPL Advisory Services Private Limited’-Our Company entered into a share subscription agreement with General Atlantic Singapore Fund Pte. Ltd. (“GASF”)-Our Company approved the Scheme of Amalgamation between Karvy Consultants Limited Karvy Computershare Private Limited and KCPL Advisory Services Private Limited2018 -National Company Law Tribunal Hyderabad Bench approved the Scheme of Amalgamation-The Company had issued and allotted Non-convertible Debentures (“NCDs”) to Standard Chartered Bank and Nomura Singapore Limited2019 -The Company completed a buy-back of 14987846 Equity Shares from General Atlantic Singapore Fund Pte. Ltd. Compar Estates and Agencies Private Limited C. Parthasarathy – HUF C. Parthasarathy Adhiraj Parthasarathy and Rajat Parthasarathy-Vishwanathan Mavila Nair was appointed as the Chairman of the Board-The name of the Company was changed from ‘Karvy Fintech Private Limited’ to ‘KFin Technologies Private Limited’-Re-classification of the promoters was approved by our Board and GASF became the sole promoter of the Company2020 Venkata Satya Naga Sreekanth Nadella was appointed as Whole Time Director & CEO2021 -The Company executed a subscription agreement and a shareholders’ agreement with Kotak Mahindra Bank Limited-The Company had filed an application with the NCLT for modification in the sanctioned Scheme of Amalgamation-The Company redeemed 4000 rated listed redeemable non-convertible debentures2022 -The Company converted from a private limited company to a public limited company-NCLT approved the modification pertaining to change in the accounting treatment of goodwill in the sanctioned Scheme of Amalgamation-Incorporation of KFin Global Technologies (IFSC) Limited a wholly owned subsidiary of the Company at IFSC in Gift City Gujarat.-Venkata Satya Naga Sreekanth Nadella was appointed as Managing Director and CEO.