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I thought they also OSSed a pretty solid https://github.com/frappe/helpdesk helpdesk but that was from Frappe, not Zerodha.
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A CTO that codes? Interesting indeed.
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That's pretty common in small companies. It's less common in large companies but can happen - you may use the "CTO" title for the founding engineer who still leads code and architecture, then hire someone under a different title (frequently "VP of Engineering") to handle the management / team growing side of the role.
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That sounds like a reasonable split to me, so much so I’m not sure I’d understand why you’d want the same person handling both code/architecture and management.
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CTO in my company* remains SME on a several components, commits to several production repositories (and expects the most stringent PR checks), and maintains couple of small tool used by us and the customers.

Its not that rare I think.

*small fintech with couple of billions in the accounts, not a startup, not a Fortune 500 company

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