
Management Change15 Oct 2026, 04:18 pm
IIFL Finance: R Venkataraman Re-designated Non-Executive Director
AI Summary
IIFL Finance Limited announced the re-designation of Mr. R Venkataraman from Joint Managing Director to Non-Executive Non-Independent Director, effective October 15, 2026. This change is subject to shareholder approval. Mr. Venkataraman will cease to be a Key Managerial Personnel. The company also reported its consolidated and standalone unaudited financial results for the quarter and half-year ended September 30, 2026, along with related disclosures and a security cover certificate. Additionally, IIFL Finance proposed to acquire India Infoline Foundation from IIFL Capital Services Limited, pending regulatory approvals.
Key Highlights
- R Venkataraman re-designated from Joint MD to Non-Executive Director.
- Change effective October 15, 2026, pending member approval.
- Company reported Q2 FY27 unaudited financial results.
- Proposal to acquire India Infoline Foundation announced.
- Mr. Venkataraman ceases to be Key Managerial Personnel.
Price Impact
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