GIC Housing Finance Limited has informed the Exchange about change in Management
GICHSGFIN · price
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On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.7 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.
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GIC Housing Finance Limited announced the resignation of Shri Darshit Sheth from the position of Assistant Vice President and Chief Compliance Officer (Senior Management Personnel). He submitted his resignation on April 6, 2026 with a 45-day notice period, and his last working day was May 15, 2026. The company has confirmed that there is no other material reason for his departure and that he will ensure a smooth handover of responsibilities. This disclosure is made under Regulation 30 of the SEBI Listing Regulations for change in Senior Management Personnel.
The departure of the Chief Compliance Officer is a routine management change and unlikely to have any significant impact on the company's operations or stock price, as the company has indicated a smooth transition will be managed.