Aditya Birla Money Derivative Research Head resigns effective May 26
Aditya Birla Money Limited announced the resignation of Mr. Hemant Thukral, Head - Derivative Research, effective May 26, 2026. The resignation was submitted due to personal reasons and has been accepted by the company.

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Aditya Birla Money Limited announced that Mr. Hemant Thukral, Head - Derivative Research, has resigned from his position effective May 26, 2026. The company accepted his resignation, which was tendered due to personal reasons, marking a change in its senior management personnel structure.
The disclosure was made to the exchanges pursuant to Regulation 30 read with Schedule III Part A Para A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the requisite details as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, were enclosed with the filing.
The cessation of Mr. Thukral's role was recorded as May 26, 2026. The filing noted that no brief profile or relationship disclosures were applicable in this instance, as the regulation pertains to the cessation of an existing role rather than a new appointment.
Details of Change in Senior Management
| Sr. No | Particulars | Remarks |
|---|---|---|
| 1. | Reason for change | Mr. Hemant Thukral, Head - Derivative Research, SMP of the Company tendered his resignation due to personal reasons. |
| 2. | Date of cessation | Effective from May 26, 2026 |
| 3. | Brief Profile | Not applicable |
| 4. | Disclosure of relationships | Not applicable |
The resignation letter was addressed to Mr. Ashok Surana, CEO of Aditya Birla Money, on May 26, 2026. Mr. Thukral requested to be relieved at the earliest and for his dues to be settled.
Historical Stock Returns for Aditya Birla Money
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.47% | +2.40% | -5.25% | -11.83% | -20.17% | +189.78% |
Who will be appointed as the new Head of Derivative Research to replace Mr. Thukral?
How will this leadership change impact the firm's derivative research strategy and client recommendations?
What is the expected timeline for the transition and continuity of research operations?


































