L&T Finance Limited has informed the Exchange regarding Change in Director(s) of the company.
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Mr. Thomas Mathew T. (DIN: 00130282) ceased to be a Director of L&T Finance Limited with effect from July 1, 2025. He had completed his second consecutive term of 5 years as an Independent Director on June 30, 2025, which is the maximum permissible tenure under the Companies Act for Independent Directors. The company has informed the stock exchanges about this change under SEBI Listing Regulations 30 and 51. No new appointment has been disclosed in this filing. The announcement was signed by Apurva Rathod, Company Secretary and Compliance Officer.
This is a routine, expected governance change and is unlikely to have any material impact on the company's operations or stock price. Shareholders may want to watch for a subsequent announcement regarding the appointment of a new Independent Director to fill the vacancy.