Aditya Birla Sun Life AMC has restructured its senior management with the appointment of Mr. Parag Murudkar as Head - Marketing and Mr. Nikesh Gupta as Chief Operations Officer. The Board of Directors approved these changes via circular resolutions on June 22, 2026, based on the recommendations of the Nomination, Remuneration and Compensation Committee.

Mr. Parag Murudkar will assume his new role as a Senior Management Personnel effective July 1, 2026. He succeeds Mr. Ranabir Bose, who relinquishes his position as Head - Marketing at the close of business hours on June 30, 2026. Mr. Bose is transitioning to a leadership role within Aditya Birla Capital. Mr. Murudkar brings over 20 years of experience in brand management, marketing strategy, and product innovation within the BFSI sector. He previously served as Head - Brand, Product and Channel Marketing at Aditya Birla Capital Ltd. (NBFC) since April 2025 and has held roles at GroupM- Mindshare, Refyne Tech, Yes Bank Ltd, Axis Bank Ltd, and ICICI Bank Ltd.

Mr. Nikesh Gupta has been appointed as Chief Operations Officer, designated as a Senior Management Personnel, effective August 1, 2026. He replaces Ms. Keerti Gupta, who ceases to be Chief Operations Officer at the close of business hours on July 31, 2026, following her transition to a leadership role within Aditya Birla Capital. Mr. Gupta possesses around 32 years of experience in operations and customer service. He currently serves as Chief Operations Officer at Aditya Birla Capital (NBFC), a position he has held since October 2021, and has previously worked with Citibank, Kotak Mahindra Bank, DBS Bank, and Bank of America.

The appointments and cessations were disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the detailed profiles of the appointees were submitted as required under the regulations.

Senior Management Changes

Aditya Birla Sun Life AMC has been the subject of four notable block trades on the National Stock Exchange (NSE), together accounting for approximately 12,61,876 shares and a combined value of approximately ₹136.48 crores. The transactions, executed at varying price points, highlight sustained institutional interest in the stock.

Block Trade Details

The following table outlines the key parameters of all four block trades executed on the NSE:

Transaction Overview

The first block trade involved approximately 4,73,087 shares transacted at ₹1054.40 per share, aggregating to a total consideration of ₹49.88 crores. The second trade comprised approximately 2,16,896 shares executed at ₹1061.00 per share, amounting to ₹23.01 crores. A third block trade was recorded involving approximately 1,80,600 shares transacted at ₹1103.30 per share, valued at ₹19.93 crores. Most recently, a fourth block trade has been recorded, comprising approximately 3,91,293 shares executed at ₹1115.80 per share, amounting to ₹43.66 crores. Block trades of this scale are typically associated with institutional investors or large stakeholders executing bulk transactions outside the regular market order book, often to minimize price impact.