<h1>HDB Financial Services Announces Director Cessation Following Completion of Term</h1>
HDB Financial Services Limited has reported a change in its Board composition, as Mr. Jimmy Tata ceased to be a Non-Executive Non-Independent Director of the company. The change became effective on July 14, 2026. Consequently, Mr. Jimmy Tata also ceased to be a member of the Company’s Board Committees.
The cessation followed the completion of his term as a Non-Executive Non-Independent Director. Mr. Jimmy Tata was appointed for a three-year period, which spanned from July 15, 2023, until July 14, 2026.
Key details regarding the director's tenure and cessation are summarized below:
| Particulars | Details |
|---|---|
| Director Name (DIN) | Mr. Jimmy Tata (06888364) |
| Date of Cessation | July 14, 2026 (close of business hours) |
| Tenure Period | July 15, 2023, to July 14, 2026 |
| Reason for Change | Completion of Term |
HDBFS Stock Price Movement
On Tuesday, shares of HDB Financial Services Limited tumbled by 1.51%, settling at ₹743.90 after the stock shed ₹11.45. The decline was observed amidst a trading session that saw 292,518 shares change hands.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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