eClerx Services share price
NSE: ECLERXBSE: 532927Commercial Services & SuppliesSmall Cap
eClerx Services Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Dec 2007
Last close ₹1,660.60down ₹205.60 (11.02%)BSE ₹1,660.30
Share price at the NSE close on 29 Oct 2026. Previous close ₹1,866.20.
29 Oct: open ₹1,833.30, high ₹1,833.30, low ₹1,630.00
52-week range of traded prices to 29 Oct 2026
₹1,320.00Low, 30 Jun 2026₹2,497.50High, 3 Feb 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹15,618 Cr402nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 21.51
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 5.36
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.06%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 26.2%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 31.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 12,31,51926.3% delivered
About eClerx Services
eClerx Services is a Mumbai-based provider of AI-powered analytics, digital operations, automation and business process management to large enterprises.12 Its clients are in financial services, telecom, media, luxury, retail and fashion, and manufacturing, across the Americas, Asia Pacific, Europe, the Middle East and Africa.1 It calls itself a productised services company (one selling services packaged as standard offerings), combining people, technology and domain expertise to run complex business functions.3
The group reports a single business segment: data management, analytics solutions and process outsourcing services.4 Its own platforms include Compliance Manager, DocIntel and Market360, QA360 for AI-powered quality assurance, FLUiiD4 and Merchandiser+ for content management, and Roboworx for robotic process automation.56 Its subsidiary CLX Europe serves fashion and luxury brands, from eCommerce campaigns and virtual try-ons to digital asset management.6
eClerx operates across 17 countries and was incorporated in 2000.12 It acquired Personiv in December 2020; that business is now held through Personiv Eclipse Inc, a step-down subsidiary (a subsidiary of a subsidiary).7
Its promoters are co-founder PD Mundhra, an executive director, and Anjan Malik, a non-executive director.38 At the end of March 2026, PD Mundhra held 27.21% of the shares and Anjan Malik 27.20%.9
eClerx Services key points
Results
- In the year to Mar 2026, consolidated operating revenue rose 22.3% to ₹41,170 million, and 17.9% to $468.9 million in dollar terms; total revenue, which adds other income, was ₹42,182 million, up 22.2%.10
- Consolidated EBITDA (earnings before interest, tax, depreciation and amortisation), which the company states including other income, rose 28.8% to ₹11,526 million in the year to Mar 2026, and profit after tax rose 30.5% to ₹7,062 million.1112
- In the quarter to Jun 2026, operating revenue was $125.9 million, up 15.2% from a year earlier and 2.8% from the previous quarter, its 12th straight quarter of sequential growth; in rupees it was ₹11,524 million, up 23%.13
- Operating EBITDA, the company's measure before other income, was ₹2,652 million in the quarter to Jun 2026, a 23% margin, and profit after tax was ₹1,643 million, a 14% margin.14
Revenue mix
- Share of revenue by industry1516
Item quarter to Jun 2026 year to Mar 2026 Banking, financial services and insurance 37.6% 40.8% Communication, media and telecom 26.2% 25.7% Hi-tech, manufacturing and distribution 16.3% 16.5% Emerging businesses 11.7% 8.4% Fashion, luxury and retail 8.2% 8.6% - Analytics and automation revenue grew 7% from the previous quarter in the quarter to Jun 2026 and passed an annual run rate (current revenue projected over a full year) of $100 million.17
Customers and partners
- The top 10 clients provided 61% of revenue in the year to Mar 2026, and a single customer provided revenue of ₹6,885.31 million, more than 10% of group revenue.2021
- Clients by revenue over the trailing year22
Item quarter to Jun 2026 quarter to Jun 2025 $3 million or more 25 19 $1 million to $3 million 28 24 $500k to $1 million 42 42 - New deal wins in the quarter to Jun 2026 were $41 million, up 25% from a year earlier.23
- In the year to Mar 2026, the company formed partnerships with AI platforms including Databricks and Adobe.24
Delivery centres and people
- At the end of March 2026, the delivery footprint was about 17,300 seats (workstations) across facilities in India, the USA, the Philippines, Egypt and Peru.25
- In the year to Mar 2026, it added over 1,500 seats in Mumbai, Pune, Chandigarh and Mohali and about 700 in Manila, and opened delivery centres in Cairo and Peru with over 550 seats between them.2526
- Headcount was 22,499 at the end of June 2026, and delivery staff utilisation (the share of delivery staff time billed to clients) was 75.5% in the quarter.27
- On its earnings call of 6 Aug 2026, the company said it was adding about 1,600 seats at centres in Mumbai, Pune, Chandigarh, Mohali and Coimbatore, opening in stages over 3 to 4 months.28
Research and development
- The group's in-house research and development centre is in Mumbai; its R&D revenue expenditure (spending charged to the year's income) was ₹508.86 million in the year to Mar 2026, against ₹407.73 million a year earlier.29
- eClerx was one of the first 5 companies awarded ISO 42001:2023 certification, the international standard for artificial intelligence management systems.30
What the company expects
- On its earnings call of 6 Aug 2026, the company said it expects to stay within its stated range of 24% to 28% for EBITDA margin, including other income, for the year to Mar 2027.3112
- On its earnings call of 6 Aug 2026, the company said it aims to at least match and grow on the around $170 million of annual contract value (yearly value of new deals, excluding its CLX business) won in the year to Mar 2026.3233
- On its earnings call of 6 Aug 2026, the company said it expects financial services revenue, down 0.1% from the previous quarter in the quarter to Jun 2026, to return to growth from the half year to Mar 2027.3435
- On its earnings call of 6 Aug 2026, the company estimated capital spending of ₹130 crore to ₹150 crore for the year to Mar 2027.36
Recent events
- As of its annual report, the board had proposed a final dividend of ₹1 per share, with 21 Aug 2026 as the record date (the cut-off for receiving it); the documents give no outcome of the vote at the 8 Sep 2026 annual general meeting.113738
- The company completed a buyback (the company repurchasing its own shares) of 625,000 shares for ₹3,000 million, settled on 2 Jan 2026. In March 2026 it issued 1 bonus share for every share held.113937
Last updated
All 39 sources, each with its page
- 1. Annual report, 5 Oct 2026, page 5
- 2. Annual report, 5 Oct 2026, page 1
- 3. Annual report, 5 Oct 2026, page 56
- 4. Annual report, 5 Oct 2026, page 256
- 5. Annual report, 5 Oct 2026, page 13
- 6. Annual report, 5 Oct 2026, page 7
- 7. Exchange filing, 4 Nov 2025, page 2
- 8. Annual report, 5 Oct 2026, page 110
- 9. Annual report, 5 Oct 2026, page 168
- 10. Annual report, 5 Oct 2026, page 13
- 11. Annual report, 5 Oct 2026, page 13
- 12. Earnings call, 6 Aug 2026, page 4
- 13. Earnings call, 6 Aug 2026, page 3
- 14. Earnings call, 6 Aug 2026, page 3
- 15. Investor presentation, 5 Aug 2026, page 7
- 16. Investor presentation, 5 Aug 2026, page 7
- 17. Earnings call, 6 Aug 2026, page 3
- 18. Investor presentation, 5 Aug 2026, page 10
- 19. Annual report, 5 Oct 2026, page 100
- 20. Annual report, 5 Oct 2026, page 99
- 21. Annual report, 5 Oct 2026, page 256
- 22. Investor presentation, 5 Aug 2026, page 10
- 23. Earnings call, 6 Aug 2026, page 3
- 24. Annual report, 5 Oct 2026, page 96
- 25. Annual report, 5 Oct 2026, page 97
- 26. Annual report, 5 Oct 2026, page 97
- 27. Investor presentation, 5 Aug 2026, page 12
- 28. Earnings call, 6 Aug 2026, page 4
- 29. Annual report, 5 Oct 2026, page 244
- 30. Annual report, 5 Oct 2026, page 5
- 31. Earnings call, 6 Aug 2026, page 5
- 32. Earnings call, 6 Aug 2026, page 6
- 33. Investor presentation, 5 Aug 2026, page 7
- 34. Earnings call, 6 Aug 2026, page 8
- 35. Earnings call, 6 Aug 2026, page 11
- 36. Earnings call, 6 Aug 2026, page 13
- 37. Annual report, 5 Oct 2026, page 34
- 38. Annual report, 5 Oct 2026, page 1
- 39. Annual report, 5 Oct 2026, page 168
Results
Consolidated; ₹ crore.eClerx Services quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +22.4%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +18.2%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,189 Crup 3.15%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹181 Crup 9.96%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 15.2%
Revenue by quarter
Peak revenue ₹1,189 Cr, quarter to Sep 2026; lowest ₹854 Cr, quarter to Dec 2024
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 854 | 898 | 935 | 1,005 | 1,070 | 1,107 | 1,152 | 1,189 |
| Net profit | 137 | 153 | 142 | 183 | 192 | 190 | 164 | 181 |
| Net margin | 16.1% | 17.0% | 15.1% | 18.3% | 17.9% | 17.1% | 14.3% | 15.2% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹4,117 Crup 22.32%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹706 Crup 30.52%
- Net margin
- 17.2%
Revenue by year
Peak revenue ₹4,117 Cr, year to Mar 2026; lowest ₹1,330 Cr, year to Mar 2017
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,330 | 1,365 | 1,431 | 1,438 | 1,564 | 2,160 | 2,648 | 2,926 | 3,366 | 4,117 |
| Net profit | 354 | 290 | 228 | 209 | 283 | 418 | 489 | 512 | 541 | 706 |
| Net margin | 26.6% | 21.2% | 16.0% | 14.5% | 18.1% | 19.3% | 18.5% | 17.5% | 16.1% | 17.2% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, Information Technology, which carries all its revenue.
Valuation
Today, against the company's own history.eClerx Services PE ratio and valuation
Price to earnings
At or below today's level on 68% of 2,479 trading days over the last 10 years.
LowestHighest
Its median17.27Industry median12.47
Price to book
At or below today's level on 64% of 1,946 trading days since Nov 2018.
LowestHighest
Its median4.76Industry median1.14
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 55% of 2,414 trading days over the last 10 years.
LowestHighest
Its median0.05%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | 0.0% | +33.5% | −25.2% | 0.1% |
| 3 years | +29.1% | +14.7% | +12.5% | 0.1% |
| 5 years | +30.5% | +22.9% | +6.1% | 0.1% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.
Mutual fund holdings
95 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 47 of the 62 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 95 funds holding eClerx Services
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 2
- AddedAdded. Funds that held more shares than at the end of the month before.
- 26
- CutCut. Funds that held fewer shares than at the end of the month before.
- 36
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 31
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 2
| Fund | |||
|---|---|---|---|
 HDFC Small Cap FundHDFC Mutual Fund | 65,47,683 | 2.92% | ₹1,191.6 Cr |
 Nippon India Small Cap FundNippon India Mutual Fund | 34,50,588 | 0.78% | ₹628.0 Cr |
 DSP Small Cap FundDSP Mutual Fund | 23,78,590 | 2.02% | ₹432.9 Cr |
 Bandhan Small Cap FundBandhan Mutual Fund | 19,50,428 | 0.99% | ₹355.0 Cr |
| HDFC Childrens FundHDFC Mutual Fund | 14,47,688 | 2.55% | ₹263.5 Cr |
 HSBC Small Cap FundHSBC Mutual Fund | 9,31,849 | 0.92% | ₹169.6 Cr |
 Motilal Oswal Small Cap FundMotilal Oswal Mutual Fund | 7,71,675 | 1.69% | ₹140.4 Cr |
 Mirae Asset Small Cap FundMirae Asset Mutual Fund | 4,61,615 | 1.44% | ₹84.0 Cr |
 ICICI Prudential Technology FundICICI Prudential Mutual Fund | 4,59,903 | 0.67% | ₹83.7 Cr |
 Tata Digital India FundTata Mutual Fund | 3,91,655 | 0.77% | ₹71.3 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 29 Oct 2025.eClerx Services insider trading
Bought on the marketBought on the market. The value each filer stated for its purchases on the exchange, added up; gifts, transfers and pledges are not counted. A purchase filed with no value is counted under the sum, not in it. Sold on the marketSold on the market. The value each filer stated for its sales on the exchange, added up; gifts, transfers and pledges are not counted. A sale filed with no value is counted under the sum, not in it.
- Others84 purchases, 42 sales₹222 Cr₹55 CrNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.₹167 Cr101 off-market moves
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
eClerx Services competitors and peers
Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO), 17 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to eClerx Services in market cap.Services companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Firstsource SolutionsFSL | 21,359 | 29.49 | 4.38 | +20.3% | +8.1% | 15.7% | 19.0% | 1.79% |
 Fusion CXFUSIONCX | 4,055 | – | – | – | – | – | – | 0.00% |
 RPSG VenturesRPSGVENT | 2,739 | – | 1.09 | +18.5% | – | −5.0% | 10.8% | 0.00% |
 One Point One SolutionsONEPOINT | 1,965 | 43.56 | 4.40 | +52.4% | +28.9% | 10.6% | 9.8% | 0.00% |
 Hinduja Global SolutionsHGS | 1,601 | – | 0.19 | −1.5% | – | −0.5% | −4.8% | 1.45% |
 Alldigi TechALLDIGI | 1,234 | 14.44 | 4.92 | +7.9% | +29.0% | 33.5% | 42.1% | 7.41% |
 Kandarp Digi Smart BPOKANDARP | 61 | 32.92 | 2.02 | +63.3% | +16.2% | 7.4% | – | 0.00% |
 NSB BPO SolutionsNSBBPO | 51 | 4.02 | 0.24 | – | – | 6.0% | – | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.eClerx Services dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹1.00 a share, year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 21 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹1.00 |
| 22 Aug 2025 | Final | ₹1.00 |
| 6 Sep 2024 | Final | ₹1.00 |
| 31 Aug 2023 | Final | ₹1.00 |
| 19 Aug 2022 | Final | ₹1.00 |
| 15 Sep 2021 | Final | ₹1.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.eClerx Services announcements
Oct 2026
28 Oct · General Updates
28 Oct · Results
21 Oct · Board meeting
Sep 2026
25 Sep · Updates
eClerx Services share price by year
Each calendar year to 2025.eClerx Services share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 2,347.65 | +34.8% | 2,455.70 | 1,201.10 |
| 2024 | 1,741.70 | +34.4% | 1,917.43 | 1,064.58 |
| 2023 | 1,295.80 | +102.6% | 1,338.45 | 634.28 |
| 2022 | 639.68 | −26.5% | 970.75 | 626.08 |
| 2021 | 870.68 | +195.7% | 870.68 | 294.45 |
| 2020 | 294.43 | +55.5% | 302.95 | 117.85 |
| 2019 | 189.33 | −47.1% | 384.50 | 130.27 |
| 2018 | 358.12 | −31.6% | 529.92 | 337.93 |
| 2017 | 523.87 | +12.3% | 523.87 | 389.32 |
| 2016 | 466.67 | −1.5% | 557.02 | 399.85 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 28 Oct 2026 | 1,887.90 | 1,911.00 | 1,852.20 | 1,866.20 | 1,866.60 | 1,00,288 | 38.5% |
| 27 Oct 2026 | 1,865.20 | 1,930.00 | 1,864.90 | 1,896.70 | 1,902.14 | 1,00,439 | 42.5% |
| 26 Oct 2026 | 1,870.90 | 1,916.10 | 1,841.50 | 1,876.60 | 1,886.04 | 1,49,695 | 54.6% |
| 23 Oct 2026 | 1,931.20 | 1,979.20 | 1,856.00 | 1,891.70 | 1,884.84 | 2,37,942 | 63.0% |
| 22 Oct 2026 | 1,928.00 | 1,943.70 | 1,881.30 | 1,930.30 | 1,917.84 | 2,08,721 | 45.7% |
| 21 Oct 2026 | 1,906.80 | 1,965.00 | 1,890.00 | 1,928.70 | 1,916.32 | 2,12,260 | 50.3% |
| 19 Oct 2026 | 1,951.20 | 1,958.50 | 1,910.00 | 1,920.00 | 1,927.21 | 1,02,677 | 41.1% |
| 16 Oct 2026 | 2,000.00 | 2,011.70 | 1,950.00 | 1,957.00 | 1,980.23 | 1,76,434 | 38.1% |
| 15 Oct 2026 | 1,970.50 | 2,007.90 | 1,917.70 | 1,998.20 | 1,964.06 | 2,28,040 | 44.5% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus share history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 13 Mar 2026 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 21 Sep 2022 | Bonus | 0.6667 | Holders received 1 bonus share for every 2 held. |
| 17 Dec 2015 | Bonus | 0.7500 | Holders received 1 bonus share for every 3 held. |
| 23 Jul 2010 | Bonus | 0.6667 | Holders received 1 bonus share for every 2 held. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.
Company details
- NSE symbol
- ECLERX
- BSE code
- 532927
- ISIN
- INE738I01010
- Industry
- Commercial Services & Supplies
- Website
- www.eclerx.com
- CIN
- L72200MH2000PLC125319
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2000
- Registered office
- Sonawala Building, 1st Floor, 29 Bank Street, Fort, Mumbai 400023, Maharashtra
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
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