IIFL Finance: Re-designation of Mr. R Venkataraman from Joint Managing Director to Non-Executive Non-Independent Director…
IIFL Finance (IIFL) filed a disclosure titled "Re-designation of Mr. R Venkataraman from Joint Managing Director to Non-Executive Non-Independent Director w.e.f. The company is valued at about ₹25,300 crore.
What happened
IIFL Finance (IIFL) filed a disclosure with the exchanges on 15 October 2026 at 04:18 PM titled "Re-designation of Mr. R Venkataraman from Joint Managing Director to Non-Executive Non-Independent Director w.e.f. October 15, 2026".
Company snapshot
IIFL Finance is a small-cap company in the Financial Services sector, with a market value of about ₹25,300 crore.
The stock last traded at ₹594.9, against a 52-week range of ₹409.1–₹705 (15.6% below the high).
Before this filing the shares had moved −1.0% over the month and +4.9% over three months. Average daily turnover over the last 20 sessions was about ₹98.46 crore.
Promoters held 24.85% at the end of Q1 FY27. Foreign institutions owned 23.86% and domestic institutions 7.50%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 2,953 | 233.4 | 5.49 |
| 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 |
What history shows
BCEIE's records show 9 previous management change filings from the company since May 2026.
After those filings, the stock gained 1.1% on average the next trading day and was up 1.4% on average after five days (8 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, 3,938 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 |
|---|---|---|---|
| 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% |
| 22 Jul 2026 | Management change | −2.4% | +6.6% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 15 October 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- IIFL Finance (NSEI:IIFL) Stock Forecast & Analyst Predictions
- IDBI Bank stake sale to Fairfax: Are IIFL Finance and Shriram Finance next for foreign investment? What we know
- IIFL Finance recognised as one of 'ET Edge Iconic Brands of India 2026'
- IIFL Finance Approves INR 200 Crore Perpetual NCD Issuance on Private Placement Basis
- IIFL Finance Share Price Decline: Key Metrics And Peers
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.