Announced Thu, 25 Jun · 18:49 IST
Religare HFC arm gets new MD and CEO; Pavan Kumar Gupta from July 1
Business Updates View source PDF
RELIGARE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.6%1-day move
₹275.99
prior close
₹274.30
base price
After-mkt
timing
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AI summary
Religare's step-down housing finance subsidiary RHDFCL has approved the appointment of Mr. Pavan Kumar Gupta as MD and CEO, effective July 1, 2026. He joins from Muthoot Housing Finance where he was CEO, and brings 30+ years of housing finance experience including 17 years at DHFL. His MD role is subject to shareholder approval; he joins on June 25 as MD and CEO designate.
Likely market impact
Leadership refresh at subsidiary level with an experienced housing finance hire. Limited direct impact on the Religare parent stock in the near term.