Two Senior Management Personnel resign from IIFL Finance

Key managerial personnel resignedManagement 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

-3.6%Reaction day

₹601.00

prior close

₹599.00

announcement price

After-mkt

timing

Nifty Smallcap 250market-2.4%-1.2% vs market

Non Banking Financial Company (NBFC) peers, median of 220sector-0.8%-2.8% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Smallcap 250 and 2.8 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

-2.7

10m

-3.5

15m

-3.5

30m

-2.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.6-2.4-1.2-0.8-2.8

Next day

-2.4-2.6+0.2-1.1-1.3

-0.5-1.8+1.3-1.3+0.8

-0.3-0.3-0.0-0.9+0.6

+1.2-0.3+1.5-1.1+2.3

+2.5-0.4+2.9-1.4+3.9

+2.7-1.0+3.7-1.8+4.5

15d

-2.2-2.3+0.1-2.0-0.2

-0.5-3.9+3.4-2.8+2.3

—————

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 informed the exchange about resignations of two Senior Management Personnel effective September 11, 2026 close of business hours. Mr. Binay Kumar Mishra resigned as Head, Legal, and Mr. Vinay Agarwal resigned as Business Head, Loan Against Property. Both cited exploring new opportunities as the reason. Resignation letters are attached as annexures. No replacement details were shared.

Likely market impact

Two key exits in legal and LAP business functions; company yet to announce successors. Watch for updates on replacements.