Manipal Payment and Identity Solutions logo

Manipal Payment and Identity Solutions CEO and board of directors

NSE: MPIMANIPALBSE: 544916Financial Technology (Fintech)

Manipal Payment and Identity Solutions Limited · Face value ₹2 · Listed Sep 2026 · Issue price ₹339
Last close ₹311.80up ₹6.80 (2.23%)BSE ₹312.10

Share price at the NSE close on 29 Oct 2026. Previous close ₹305.00.

29 Oct: open ₹305.05, high ₹320.85, low ₹305.05

Range of traded prices from listing on 17 Sep 2026 to 29 Oct 2026
₹294.70Low, 27 Oct 2026₹458.00High, 29 Sep 2026
Market cap
₹7,228 Cr
P/E
No full year
P/B
No balance sheet
Dividend yield
Nonesince listing in Sep 2026
Volume, NSE
4,66,36539.1% delivered

Manipal Payment and Identity Solutions' chief executive is Kukkundoor Girish Kini, as filed for the quarter to Sep 2026.

Manipal Payment and Identity Solutions board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.

  • Chief executiveKukkundoor Girish Kini
  • Company Secretary and Compliance OfficerDattatri Manjunatha Hardur

8 directors4 independent1 executive3 non-executive

  • Tonse Gautham PaiNon-executive · joined May 2024 · 1 listed board
  • Abhay Anant GupteNon-executive · joined May 2024 · 3 listed boards · 2 as independent · 3 committee seats, 1 as chair
  • Baikadi NarahariNon-executive · joined Nov 2024 · 1 listed board · 1 committee seat
  • Ramachandra Kasargod KamathIndependent · joined May 2024 · 28 months as independent · 2 listed boards · 1 as independent · 4 committee seats, 2 as chair
  • Padmaja Shailen RuparelIndependent · joined May 2024 · 28 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 3 as chair
  • Rohan AjilaIndependent · joined Jul 2024 · 26 months as independent · 2 listed boards · 1 as independent · 2 committee seats
  • Kukkundoor Girish Kini · Chief executiveExecutive · joined Jun 2025 · 1 listed board
  • Binoy Sandip ParikhIndependent · joined Jun 2025 · 15 months as independent · 3 listed boards · 3 as independent · 7 committee seats, 4 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 11 Sep 20268 of 8 present4 independent · 7 days in between
    • 3 Sep 20268 of 8 present4 independent · 13 days in between
    • 20 Aug 20268 of 8 present4 independent · 6 days in between
    • 13 Aug 20268 of 8 present4 independent · 77 days in between
    1 earlier meeting
    • 27 May 2026
  • Audit Committee

    Chair Ramachandra Kasargod Kamath

    Padmaja Shailen Ruparel, Binoy Sandip Parikh, Abhay Anant Gupte

    • 3 Sep 20264 of 4 present3 independent · 13 days in between
    • 20 Aug 20264 of 4 present3 independent · 84 days in between
    • 27 May 20264 of 4 present3 independent
  • Nomination and remuneration committee

    Chair Ramachandra Kasargod Kamath

    Padmaja Shailen Ruparel, Rohan Ajila, Tonse Gautham Pai

    • 10 Jul 20263 of 3 present3 independent · 43 days in between
    • 27 May 20263 of 3 present3 independent
  • Stakeholders Relationship Committee

    Chair Binoy Sandip Parikh

    Rohan Ajila, Ramachandra Kasargod Kamath, Baikadi Narahari

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Padmaja Shailen Ruparel

    Ramachandra Kasargod Kamath, Rohan Ajila, Binoy Sandip Parikh, Kukkundoor Girish Kini

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Rohan Ajila

    Ramachandra Kasargod Kamath, Padmaja Shailen Ruparel, Abhay Anant Gupte

    • 13 Aug 20263 of 3 present3 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Tax disputeCommissioner of Central Excise and Service Tax, MangaluruSince 8 Mar 2017
    The matter is currently pending.
    At the filing before: Our Company received show cause notice dated March 8, 2017, (“SCN”) from the Office of the Commissioner of Central Excise and Service Tax, Mangaluru (“Commissioner of Central Excise”), alleging contravention under section 2, 3 and 4 of the Central Excise Act, 1944, read with Rule 4, 6, 8 and 12 of the Central Excise Rules, 2002 and other relevant rules, for failing to account for the process of personalization of cards as manufacturing and incorrect assessment of excise duty (“Duty”) payable on certain goods resulting in non/inadequate payment of Duty. Our Company responded to the SCN vide reply dated October 6, 2017, denying allegations made in the SCN. Thereafter, the Commissioner of Central Excise, vide order dated October 29, 2018, (“Order”) held that our Company had incorrectly assessed the Duty payable on its goods and therefore directed our Company to pay a sum of ₹517.17 million (plus interest thereon) towards payment of Duty along with a penalty of ₹517.17 million for non/inadequate payment of Duty. Our Company has filed an appeal dated April 24, 2019, before the Customs Excise and Service Tax Appellate Tribunal, Bangalore, praying inter alia, to set aside the Order.MoreLess
  • Tax disputeCommissioner of Central Excise and Service Tax, MangaluruSince 25 Apr 2018
    The matter is currently pending.
    At the filing before: Our Company received show cause notice dated April 25, 2018, (“SCN”) from the Office of the Commissioner of Central Excise and Service Tax, Mangaluru (“Commissioner of Central Excise”), alleging contravention under section 2, 3 and 4 of the Central Excise Act, 1944, read with Rule 4, 6, 8 and 12 of the Central Excise Rules, 2002 and other relevant rules, for failing to account for the process of personalization of cards as manufacturing and incorrect assessment of excise duty (“Duty”) payable on certain goods resulting in non/inadequate payment of Duty. Our Company responded to the SCN vide reply dated July 5, 2018, denying allegations made in the SCN. Thereafter, the Commissioner of Central Excise, vide order dated January 11, 2020, (“Order”) held that our Company had incorrectly assessed the Duty payable on its goods and therefore directed our Company to pay a sum of ₹249.53 million (plus interest thereon) towards payment of Duty along with a penalty of ₹24.95 million for non/inadequate payment of Duty. Our Company has filed an appeal dated May 29, 2020, before the Customs Excise and Service Tax Appellate Tribunal, Bangalore, praying inter alia, to set aside the Order.MoreLess

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved
22Sep 26

Open at the quarter's end

0Sep 26
None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
No
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.