LIC nominee director T S Ramakrishnan completes tenure

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

-0.5%Reaction day

₹532.40

prior close

₹529.00

announcement price

After-mkt

timing

Nifty Smallcap 250market+1.1%-1.6% vs market

Non Banking Financial Company (NBFC) peers, median of 215sector-0.3%-0.1% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Smallcap 250 and 0.1 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

-1.6

10m

-3.0

15m

-2.0

30m

-1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5+1.1-1.6-0.3-0.1

Next day

-1.0pendingpending+0.1-1.0

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15d

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UpDownMarket · Nifty Smallcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 215Pending

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

AI summary

Mr. T S Ramakrishnan, LIC's nominee on IIFL Finance's board, completed his tenure on October 25, 2026 following instructions from LIC. He was a non-executive director. The company thanked him for his contributions. The filing reports completion of tenure, not a resignation.

Likely market impact

The stock impact is likely limited because this was an end of tenure, not a resignation. Shareholders should watch for LIC's replacement nominee.