News Stocks IIFL Finance announces senior management changes in Construction and Real Estate divisionIIFL Finance announces senior management changes in Construction and Real Estate division
IIFL Finance Limited announced senior management changes in its Construction and Real Estate division effective January 31, 2026. Mr. Pranav Dholakia resigned as Head - Construction and Real Estate to explore new opportunities, while Mr. Sudhanshu Pareek was appointed as his replacement from February 01, 2026. Mr. Pareek brings over 18 years of experience across real estate, project management, and business development, having previously served in senior roles at Kalpataru Limited, Peninsula Land, and other organizations.
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IIFL Finance Limited has announced changes in its senior management team for the Construction and Real Estate division, effective from the end of January 2026. The company informed stock exchanges about the resignation of Mr. Pranav Dholakia and the appointment of his successor under Regulation 30 of SEBI Listing Regulations.
Senior Management Transition Details
The leadership transition involves two key appointments in the Construction and Real Estate division:
| Change Type: | Personnel | Effective Date |
|---|---|---|
| Resignation: | Mr. Pranav Dholakia, Head - Construction and Real Estate | January 31, 2026 |
| Appointment: | Mr. Sudhanshu Pareek, Head - Construction and Real Estate | February 01, 2026 |
Mr. Dholakia's resignation letter, dated January 30, 2026, cited his decision to explore new opportunities as the reason for leaving his position. He expressed gratitude to the management for their continued support and trust during his tenure.
New Appointee Profile
Mr. Sudhanshu Pareek brings extensive experience to his new role as Head - Construction and Real Estate. His professional background includes:
| Experience Details: | Information |
|---|---|
| Total Experience: | Over 18 years |
| Education: | MBA in Sales & Marketing from SCMHRD, Pune |
| Current Role: | Executive Vice President – Real Estate at IIFL Finance Limited |
| Previous Position: | Vice President – Strategic Initiatives at Kalpataru Limited (decade-long tenure) |
Professional Experience
Mr. Pareek's career spans multiple sectors and functions within the real estate and financial services industry. His key professional experiences include:
- Kalpataru Limited: During his decade-long tenure as Vice President – Strategic Initiatives, he managed P&L for marquee residential and redevelopment projects, drove new project acquisitions, and strengthened sales performance through structured reviews and execution oversight
- Peninsula Land: Leadership roles in business development
- Omkar Realtors & Developers: Project and sales management positions
- ICICI Bank and Nicholas Piramal: Product management roles
Core Competencies
Mr. Pareek is recognized as a seasoned business leader with expertise across multiple domains:
- Real Estate development and management
- Project Management and execution
- Business Development and strategic initiatives
- Product Management and strategy
- Due diligence and financial feasibility analysis
- Stakeholder management
- Cross-functional team leadership across multiple geographies
Regulatory Compliance
The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The company provided detailed annexures including the resignation letter and comprehensive profile information as required under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
The notification was signed by Samrat Sanyal, Company Secretary & Compliance Officer, and communicated to both BSE Limited and The National Stock Exchange of India Limited on January 30, 2026.
Historical Stock Returns for IIFL Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.17% | -1.87% | -10.99% | +2.68% | +51.97% | +270.65% |
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