MD and CEO T Adhikari ceases due to superannuation

Ceo ResignedManagement Changes View source PDF Explain this filing

LICHSGFIN · 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

+0.7%Reaction day

₹534.75

prior close

₹535.60

announcement price

After-mkt

timing

Nifty Midcap 150market+0.1%+0.6% vs market

Housing Finance Company peers, median of 17sector-1.2%+1.9% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Midcap 150 and 1.9 pts more than its Housing Finance Company 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

+0.2

10m

+0.1

15m

-0.0

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.7+0.1+0.6-1.2+1.9

Next day

-0.6-1.1+0.5-1.4+0.8

+0.3-1.7+2.0-1.4+1.7

+3.6-1.2+4.8+0.1+3.5

+5.1-1.4+6.5+0.2+5.0

+3.2-1.9+5.1+0.5+2.7

+3.8-2.2+6.0+0.0+3.8

15d

+5.8-3.1+8.9-2.7+8.5

-0.9-7.0+6.1-6.4+5.5

—————

UpDownMarket · Nifty Midcap 150Sector · Housing Finance Company peers, median of 17Pending

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

AI summary

LIC Housing Finance has informed exchanges that Mr T Adhikari (DIN 10229197) has ceased to be Managing Director and Chief Executive Officer and Key Managerial Personnel with effect from close of business hours on August 28, 2026. The cessation is due to his superannuation from the services of LIC of India. No new appointment details have been provided in this filing.

Likely market impact

Leadership transition at the top due to retirement. Watch for upcoming announcement on the new MD and CEO appointment, which may influence investor sentiment.