CFO transition at GIC Housing Finance: Varsha Godbole exits, Paba Koshy takes over

Cfo ResignedManagement Changes View source PDF Explain this filing

GICHSGFIN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.7%Reaction day

₹153.05

prior close

₹152.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-0.8% vs market

Housing Finance Company peers, median of 17sector+0.7%-1.4% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 1.4 pts less than its Housing Finance Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.9

10m

+0.7

15m

+0.7

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.7+0.2-0.8+0.7-1.4

Next day

-0.0+1.0-1.1+1.1-1.1

+1.5+0.7+0.8+2.4-0.9

-0.2+0.9-1.1+2.3-2.5

+0.9+0.2+0.8+2.0-1.1

-1.0-1.8+0.8+1.1-2.2

-1.2+1.4-2.6+1.2-2.3

15d

-3.3-0.6-2.7-2.5-0.9

-3.3+1.5-4.8-5.7+2.4

-7.9+4.5-12.4-8.9+1.0

-13.1+3.1-16.2-16.0+2.9

UpDownMarket · Nifty Microcap 250Sector · Housing Finance Company peers, median of 17Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

GIC Housing Finance CFO Varsha Godbole's fixed-term contract ends on June 30, 2026, and she ceases to hold the CFO office from close of business that day. Ms. Paba Koshy, whose appointment was already approved on May 15, 2026, assumes charge as the new CFO from July 1, 2026. The change is filed under SEBI Listing Regulations 30 and 51 with effect from June 30, 2026.

Likely market impact

Orderly, pre-announced CFO succession. No operational disruption expected. Minor governance watchpoint for continuity at the finance leadership level.