Please find enclosed, the intimation on change in senior management of the Company.
Awaiting price reaction for this filing.
L&T Finance Limited has appointed Mr. Manish Gupta as Chief Executive of its Urban Unsecured Assets, Payments & Digital Partnerships vertical, effective May 19, 2025. He joins from InMobi Group, where he was SVP & GM at Glance Digital, and brings over 23 years of experience across ICICI Bank, Deutsche Bank, HSBC, DBS Bank and TransUnion CIBIL. He was instrumental in launching digibank by DBS (India's first mobile-only digital bank) and developed the latest TransUnion CIBIL score as Chief Product Officer. He is an IIT Delhi alumnus and MBA from ISB Hyderabad.
This is a senior leadership hire aimed at strengthening L&T Finance's urban unsecured lending and digital payments business, potentially signalling the company's focus on scaling its fintech and digital offerings. For shareholders, it reflects continued investment in digital transformation and growth in the consumer finance segment.