Aadhar Housing Finance Limited has informed the Exchange regarding Cessation of Mr O.P. Bhatt as Chairman of the company w.e.f. September 12, 2025.
AADHARHFC · price
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Aadhar Housing Finance Limited has informed the stock exchange that Mr. O.P. Bhatt has ceased to be the Chairman of the company with effect from September 12, 2025. Mr. Bhatt, a veteran banker and former Chairman of State Bank of India, served as the non-executive Chairman of Aadhar Housing Finance. The company has not announced his replacement in this filing. This is a board-level leadership change at one of India's prominent affordable housing finance companies.
Loss of a high-profile and experienced Chairman could create short-term uncertainty about board continuity and governance direction, though no specific reasons or operational concerns have been disclosed in this filing. Investors should watch for the appointment of a successor Chairman.