LIC Housing Finance Limited has informed the Exchange regarding Demise of Mr Sanjay Dayal, Chief Operating Officer of the company on May 09, 2026.
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LIC Housing Finance Limited has announced the untimely demise of Dr. Sanjay Dayal, who served as Chief Operating Officer of the company. Dr. Dayal was appointed as COO on April 10, 2026, and passed away on May 9, 2026, meaning he served in the role for approximately one month. The company has filed this disclosure under SEBI Listing Regulations, specifically Regulation 30 read with Schedule III. This is a mandatory intimation to stock exchanges regarding the change in Senior Management Personnel. The filing includes an annexure with required details as per SEBI Master Circular dated January 30, 2026.
The sudden passing of the COO creates a leadership gap at a senior level. While the company continues to operate, investors should watch for the appointment of a new COO, which could signal management priorities and strategic direction under new leadership.