LIC Housing Finance Limited has informed the Exchange regarding Cessation of Mr Siddhartha Mohanty as Chairman and Non-Executive (Nominee) Director of the company w.e.f. Jun 07, 2025.
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Mr Siddhartha Mohanty (DIN 08058830) has ceased to be the Chairman and Non-Executive (Nominee) Director of LIC Housing Finance Limited effective June 7, 2025. The cessation is due to his superannuation from the services of Life Insurance Corporation of India (LIC), the promoter of the company. He was a nominee director representing LIC on the board. The disclosure has been made to both NSE and BSE under SEBI Listing Regulations, with Annexure A providing the prescribed details.
This is an orderly, routine transition tied to Mr Mohanty's retirement from LIC, the promoter. LIC is expected to nominate a replacement, so the change is unlikely to materially affect business operations or shareholder interests in the near term.