LIC Housing Finance Limited announced the cessation of Shri T. Adhikari as its Managing Director and Chief Executive Officer (CEO) and Key Managerial Personnel (KMP). This change is effective from the close of business hours on August 28, 2026, due to his superannuation from LIC of India. The company has provided updated details as required under SEBI regulations.
Leadership Transition at LIC Housing Finance
LIC Housing Finance Limited has officially notified the cessation of Shri T. Adhikari from his roles as Managing Director, Chief Executive Officer (CEO), and Key Managerial Personnel (KMP) of the company. This significant leadership transition is effective from the close of business on August 28, 2026. The departure is a result of Shri Adhikari’s superannuation from the services of LIC of India.
Regulatory Disclosure
The company has made this disclosure in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Updated details pertinent to this change, as mandated by SEBI’s Master Circular, have been provided as an enclosure. Stakeholders are requested to take note of this information for their records and ensure its dissemination as required.
Source: BSE
