Aditya Birla Money appoints Rajesh Palviya as head of research
- Aditya Birla Money appointed Rajesh Palviya as Head of Technical and Derivative Research effective September 24, 2026
- Palviya joins as Senior Management Personnel with over 24 years of experience in Indian capital markets
- He previously led a 32-member research team covering equity, technical, quantitative, and commodity segments
- The appointment was approved by the Board following Nomination and Remuneration Committee recommendations

*this image is generated using AI for illustrative purposes only.
Aditya Birla Money Limited has appointed Rajesh Palviya as the Head of Technical and Derivative Research, effective September 24, 2026. This appointment designates him as Senior Management Personnel (SMP) within the company's core leadership structure.
The Board of Directors approved the appointment based on the recommendation of the Nomination and Remuneration Committee through a circular resolution. The move strengthens the firm's research capabilities across retail, high-net-worth individual (HNI), and institutional segments.
Profile and expertise
Palviya brings over 24 years of experience in Indian capital markets to the role. His background includes leading a 32-member multi-disciplinary research team covering fundamental equity, technical, quantitative, and commodity research. Prior to this appointment, he was responsible for building high-conviction research products and driving innovation to support business growth.
His academic credentials include an MBA in Systems from Shri Vaishnav Institute of Management, DAVV, Indore, a Master of Computer Education from DAVV, Indore, and a B.Sc. from PMB Gujarati Science College, DAVV, Indore. He is also NISM XV certified as a Research Analyst, combining technology skills with analytical expertise.
Regulatory disclosure
The company disclosed this change under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that Palviya will serve on a full-time employment basis as part of the core senior management team.
| Particulars | Details |
|---|---|
| Name | Rajesh Palviya |
| Designation | Head - Technical & Derivative Research |
| Effective Date | September 24, 2026 |
| Employment Type | Full-time |
| Experience | 24+ years in capital markets |
The appointment was communicated to BSE and NSE via a letter signed by Chief Financial Officer Ravinder Nahar. No other changes to the senior management team were disclosed in this specific filing.
Historical Stock Returns for Aditya Birla Money
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.38% | +0.40% | -7.09% | -14.54% | -35.97% | +65.71% |
How will Palviya’s integration of quantitative and technical research influence Aditya Birla Money's product pricing strategy for retail versus institutional clients?
What specific derivative products or algorithmic trading tools is the new leadership team expected to launch in the next two quarters?
Will this appointment trigger similar senior management reshuffles in the research divisions of other major Indian brokerage houses?


































