IIFL Finance CTO Gaurav Sharma resigns; Anubhav Rajput to replace

Management Changes View source PDF Explain this filing

IIFL · 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

-2.8%Reaction day

₹599.85

prior close

₹600.00

announcement price

After-mkt

timing

Nifty Smallcap 250market-1.2%-1.6% vs market

Non Banking Financial Company (NBFC) peers, median of 220sector-0.5%-2.2% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Smallcap 250 and 2.2 pts less than its Non Banking Financial Company (NBFC) 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

-0.1

10m

-0.7

15m

-1.0

30m

-1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.8-1.2-1.6-0.5-2.2

Next day

+0.1-0.8+0.9-0.6+0.8

+0.1+0.6-0.5-0.6+0.7

-2.0+0.7-2.7-1.0-1.0

-3.1-1.7-1.3-2.4-0.7

-0.3-1.3+0.9-1.8+1.5

+1.8+0.2+1.6-0.5+2.3

15d

-11.6-6.9-4.7-5.5-6.2

—————

UpDownMarket · Nifty Smallcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 220Pending

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

AI summary

IIFL Finance's CTO Mr. Gaurav Sharma resigned effective September 30, 2026 to explore new opportunities. Mr. Anubhav Rajput will replace him as CTO from October 1, 2026. Mr. Rajput has 26+ years of tech leadership experience, previously CIO and CTO at PNB Housing Finance and CIO at Cholamandalam MS General Insurance and Niva Bupa Health Insurance. He holds a Computer Engineering degree and an MBA.

Likely market impact

Routine CTO-level change. New CTO brings strong banking and financial services tech experience, suggesting continuity in technology strategy.