LIC Housing Finance has re-appointed Smt. Jagennath Jayanthi (DIN: 09053493) as an Independent Director for a second term of five consecutive years, effective February 5, 2026. The re-appointment, approved on January 30, 2026, is subject to shareholder approval. Smt. Jayanthi satisfies the criteria for an independent director and is not debarred from holding the position.
Independent Director Re-appointment
LIC Housing Finance announces the re-appointment of Smt. Jagennath Jayanthi (DIN: 09053493) as an Independent Director. The decision was made during the board meeting held on January 30, 2026.
Term Details
Smt. Jagennath Jayanthi’s second term will be for five consecutive years, commencing on February 5, 2026, and lasting until February 4, 2031. This re-appointment is not subject to retirement by rotation and is pending post-facto approval from shareholders via a special resolution.
Director’s Profile
Smt. Jagennath Jayanthi brings over 35 years of experience in the insurance and financial services sector. Previously, she held the position of General Manager at The New India Assurance Company Limited until her superannuation in November 2020. Her expertise includes handling large corporate accounts, broker management, and regional administration. She has been serving as an Independent Director on the Board of LIC Housing Finance Limited since February 5, 2021, contributing to committees such as the Audit Committee and Nomination and Remuneration Committee.
Compliance and Criteria
Smt. Jagennath Jayanthi has confirmed her compliance with the Fit & Proper Criteria and is not debarred from holding the office of director by any authority. She has also cleared the Independent Directors’ proficiency examination conducted by the Indian Institute of Corporate Affairs (IICA).
Source: BSE
