IIFL Finance: Completion of Tenure of Mr. T S Ramakrishnan, Non-Executive Nominee Director of the Company w.e.f. October…
IIFL Finance (IIFL) filed a disclosure titled "Completion of Tenure of Mr. T S Ramakrishnan, Non-Executive Nominee Director of the Company w.e.f. The company is valued at about ₹22,691 crore.
What happened
IIFL Finance (IIFL) filed a disclosure with the exchanges on 25 October 2026 at 08:09 PM titled "Completion of Tenure of Mr. T S Ramakrishnan, Non-Executive Nominee Director of the Company w.e.f. October 25, 2026".
Company snapshot
IIFL Finance is a small-cap company in the Financial Services sector, with a market value of about ₹22,691 crore.
The stock last traded at ₹531.7, against a 52-week range of ₹409.1–₹705 (24.6% below the high).
Before this filing the shares had moved −13.9% over the month and −4.5% over three months. Average daily turnover over the last 20 sessions was about ₹115 crore.
Promoters held 24.76% at the end of Q2 FY27, down 0.09% points from the previous quarter. Foreign institutions owned 25.64% and domestic institutions 7.85%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 3,305 | 376.3 | 8.86 |
| Q3 FY26 | 3,427 | 464.3 | 10.92 |
| Q4 FY26 | 3,693 | 586.8 | 13.8 |
| Q1 FY27 | 3,919 | 675.1 | 15.87 |
| Q2 FY27 | 4,246 | 766.4 | 18 |
What history shows
This is not the company's first management change disclosure: BCEIE has 10 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 1.2% on average the next trading day and was up 1.4% on average after five days (9 filings with price data).
Across 300 similar disclosures by other Financial Services companies, shares moved −0.1% on average the next day and −0.5% over five days; 50% of them rose the next day.
Market-wide, 3,997 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 15 Oct 2026 | IIFL Finance Limited has informed the Exchanges regarding… | +2.4% | — |
| 30 Sept 2026 | IIFL Finance Limited has informed the Exchanges regarding Change in… | +0.1% | −0.5% |
| 11 Sept 2026 | Resignation of Director/KMP/SMP | −3.3% | +1.2% |
| 11 Sept 2026 | Change in Senior Management Personnel of the Company | −3.3% | +1.2% |
| 5 Sept 2026 | Change in Director(s) of the company. | −3.6% | −7.8% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- IIFL Finance recognised as one of 'ET Edge Iconic Brands of India 2026'
- IIFL Finance plans to raise ₹2,500-5,000 crore by selling stake amid Fairfax exit rumors
- Earnings call transcript: IIFL Finance posts record Q2 2026 profit, shares edge up
- IIFL Finance Q2 results: Net profit more than doubles to ₹766 crore, gold loans drive growth
- IDBI Bank stake sale to Fairfax: Are IIFL Finance and Shriram Finance next for foreign investment? What we know
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.