IIFL Finance Limited announced that the tenure of Mr. T S Ramakrishnan as a Non-Executive Nominee Director, representing the Life Insurance Corporation of India, has concluded effective October 25, 2026. The company expressed its appreciation for Mr. Ramakrishnan’s contributions to the strategic direction and governance during his association. Details of his cessation are provided as per SEBI Listing Regulations.
IIFL Finance Director’s Tenure Concludes
IIFL Finance Limited has officially informed the stock exchanges that the tenure of Mr. T S Ramakrishnan as a Non-Executive Nominee Director has come to an end. This conclusion is effective from October 25, 2026. Mr. Ramakrishnan was serving as a nominee of the Life Insurance Corporation of India (LIC) on the company’s board.
Appreciation for Contributions
The Board of Directors and the Management of IIFL Finance Limited have extended their gratitude for Mr. Ramakrishnan’s contributions. They acknowledged his active participation in the decision-making processes and his role in guiding the company’s strategic direction and governance throughout his term. The company wished him well in his future endeavors.
Disclosure Details
The cessation of Mr. Ramakrishnan’s tenure is in line with the instructions received from LIC. Further details regarding the completion of his tenure, as required under Regulation 30 of the SEBI Listing Regulations, have been provided in Annexure A of the disclosure. This includes the effective date of cessation, which is October 25, 2026.
Source: BSE
