Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Excelsoft Technologies Limited has announced the appointment of Mr. Doreswamy Palaniswamy as the new Chief Executive Officer (CEO) of the company, effective March 27, 2026. The Board of Directors approved this appointment following the recommendations of the Nomination and Remuneration Committee. Mr. Palaniswamy, who currently holds no shares in the company and has no prior relationships with existing directors or key managerial personnel, is not debarred from holding office by any SEBI order or authority.

According to recent updates, the appointment of Mr. Palaniswamy comes at a time when Excelsoft is strategically expanding its global footprint in the learning and assessment sectors. The company recently made its public market debut, listing on both the BSE and NSE on November 26, 2025, following a successful ₹500 crore IPO. This transition in leadership is expected to drive the company’s vision of scaling product development and enhancing its digital learning infrastructure for its global client base.

Excelsoft Technologies is a global vertical SaaS provider specializing in AI-powered learning and assessment solutions, including digital eBook platforms and online proctoring. In early 2025, the company secured major multi-year partnerships, including a digital examination platform for the Philippines Civil Services Commission and a joint R&D partnership with AQA in the UK for AI-based assessment solutions. These strategic wins are part of a broader expansion into high-potential regions like Europe, North America, and the APAC region.

For the third quarter of FY26 ended December 2025, the company reported a robust 29.50% year-on-year (YoY) increase in revenue from operations, reaching ₹71.03 crore compared to ₹54.90 crore in the same period last year. The adjusted Profit After Tax (PAT) surged by 40% YoY to ₹13.30 crore. On a quarter-on-quarter (QoQ) basis, revenue grew by 9.94% from ₹64.61 crore in Q2 FY26, though net profit saw a marginal decline of 2.92% from ₹10.61 crore. Notable anchor investors in the company include Bengal Finance & Investment Pvt Ltd, 360 One Equity Opportunity Fund, and Societe Generale.