IIFL Finance independent director Ramakrishnan Subramanian steps down
- Mr. Ramakrishnan Subramanian ceased to be an Independent Director of IIFL Finance Ltd
- The departure became effective on September 5, 2026, close of business hours
- The change follows the completion of his tenure under SEBI Listing Regulations
- He automatically stepped down from all board committee memberships
*this image is generated using AI for illustrative purposes only.
IIFL Finance announced that Mr. Ramakrishnan Subramanian ceased to be an Independent Director of the company effective September 5, 2026. The departure follows the completion of his tenure as per regulatory requirements.
The Board of Directors and management acknowledged Mr. Subramanian’s contributions during his association with the company. His active participation in board decision-making processes was noted in the official disclosure.
Regulatory Compliance
The notification was issued pursuant to Regulation 30 and Regulation 51 of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Key Details
| Particulars | Details |
|---|---|
| Reason for change | Completion of tenure as an Independent Director |
| Effective date | September 5, 2026, close of business hours |
| DIN | 02192747 |
Consequent to completing his tenure as an Independent Director, Mr. Subramanian automatically ceased to be a member of all committees within the company. The Company Secretary and Compliance Officer, Samrat Sanyal, signed the disclosure on behalf of the company.
Historical Stock Returns for IIFL Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.20% | +2.44% | +5.39% | +30.36% | +49.00% | +141.78% |
Who has been nominated or shortlisted to succeed Mr. Subramanian as the new Independent Director?
How will this leadership transition impact IIFL Finance's ongoing strategic initiatives and board committee compositions?
Are there any pending regulatory approvals required for the appointment of the successor Independent Director?
20
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
