GIC Housing Finance Limited has informed the Exchange regarding Change in Director(s) of the company.
GICHSGFIN · price
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GIC Housing Finance Limited has informed the stock exchange that Shri Ramaswamy Narayanan (DIN: 10337640), Non-Executive Director and Chairman of the company, has resigned from the Board effective September 30, 2025 (close of business hours). The reason is his superannuation as Chairman-cum-Managing Director of General Insurance Corporation of India (GIC-Re), the parent company. The company has stated there are no other material reasons for the resignation. He also ceases to be a member/chairman of all Board-level committees. The company has placed on record its appreciation for his contributions during his tenure.
This is a routine, expected leadership change linked to the retirement of the parent GIC-Re chief. It is unlikely to materially affect operations or strategy, though investors may await news on a successor Chairman from the parent entity.