IFCI Limited has informed the Exchange regarding Change in Director(s) of the company.
IFCI · price
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IFCI Limited has informed the stock exchanges about a change in its Board of Directors. Shri Surjith Karthikeyan (DIN 09634785) has ceased to be a Director on the Board with effect from July 29, 2025. The Government of India, through the Ministry of Finance's Department of Financial Services, has nominated Shri Shailesh Kumar, Deputy Secretary at DFS, as a Director in his place, under Article 124(i) of the company's Articles of Association. Since IFCI is a Government of India undertaking, this is a routine administrative change of a government-nominated board seat.
This is a routine government-nominated director replacement with no operational or financial impact on the company or shareholders. The change reflects administrative reshuffling by the Ministry of Finance and is unlikely to affect the stock price.