Excelsoft Technologies Limited has taken a governance-forward step with the board approving the appointment of Jayakumar Karuppusamy as an Additional Director (Non-Executive Independent Director) with effect from March 10, 2026 for a term of five years, up to March 9, 2031. The move, which is subject to shareholder approval, reflects the company’s emphasis on strengthening independent oversight as it charts a path for technology-led growth.
Concurrent with the appointment, the board reconstituted its key governance committees. Karuppusamy has been inducted as a member of the Audit Committee, while Shivkumar Pundaleeka Divate has been elevated to Chairperson of the Audit Committee, replacing Doreswamy Palaniswamy. In the Nomination and Remuneration Committee, Karuppusamy has also been brought in as a member, signaling a broader independent lens on executive governance and talent decisions.
Karuppusamy’s background reads as a blend of high-level public administration and technology governance. A retired Indian Administrative Service officer with credentials spanning policy formulation, public reforms and e-governance, he has held senior roles across government ministries and public sector organizations. His ongoing directorships include Jakaru Technologies Private Limited, among others, underscoring a cross-sector perspective that Excelsoft appears keen to leverage as it advances governance and strategic initiatives.
Together, the changes spotlight Excelsoft’s intent to bolster governance through experienced independent oversight while reconfiguring committee leadership to sharpen risk management, governance, and executive-succession processes as the company moves forward.