IIFL Finance Limited has informed the Exchange regarding a press release dated October 30, 2025, titled "Press Release- IIFL Home Finance, a material subsidiary, appoints Mr. Girish Kousgi as Managing Director and Chief Executive Officer".
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IIFL Finance Limited has shared a press release dated October 30, 2025, announcing the appointment of Mr. Girish Kousgi as the Managing Director and Chief Executive Officer of its material subsidiary, IIFL Home Finance. IIFL Home Finance is the home loan arm of IIFL Finance and is classified as a material subsidiary, meaning it contributes significantly to the group's overall business. The appointment signals a focused leadership change at the home loan vertical, which is a key growth segment for the company.
This is a leadership update at the subsidiary level with no immediate financial impact. Investors should watch for the new MD's strategic direction, as IIFL Home Finance is an important contributor to IIFL Finance's overall loan book and earnings.