IIFL Capital Services Appoints Vasudev Jagannath as Director

IIFL Capital Services Ltd announced the appointment of Mr. Vasudev Jagannath as an Additional Director and Whole-Time Director, effective upon regulatory approval. The Board also approved his re-designation as Managing Director from January 1, 2027, for a three-year term, subject to shareholder and regulatory approvals. This move is part of a planned leadership succession to ensure continuity and drive the company's strategic priorities. Mr. Jagannath, with nearly two decades of experience at the company and a strong background in capital markets, is well-positioned to lead the company's next phase of growth. He is not related to any existing director and is not debarred from holding a director's office.