IIFL Capital Services Re-designates Key Senior Management Personnel
The board of directors of IIFL Capital Services Limited announced several re-designations of senior management personnel following a meeting held on July 23, 2026. These appointments and designations involve changes in roles for various executives within the company's structure, encompassing Private Wealth and Institutional Equities divisions.The designated individuals and their new roles include:
- Mr. Raghav Gupta and Mr. Prakash Bulusu have been re-designated as Joint Chief Executive Officers - Private Wealth.
- Mr. Hardik Sanghavi has been re-designated as Chief Technology Officer -Institutional Equities.
- Mr. Chintan Modi has been re-designated as Head -Growth & Business Partners.
- Mr. Aditya Sisodia has been re-designated as Chief Technology Officer -Private Wealth.
These changes were formalized during the board meeting held at the company's premises. The complete details of these personnel changes, including their designation dates and terms of employment, are summarized below:
| Personnel | New Designation | Date of Change | Term of Appointment |
|---|---|---|---|
| Mr. Raghav Gupta | Joint Chief Executive Officer - Private Wealth | July 23, 2026 | Full Time employment |
| Mr. Prakash Bulusu | Joint Chief Executive Officers - Private Wealth | July 23, 2026 | Full Time employment |
| Mr. Hardik Sanghavi | Chief Technology Officer - Institutional Equities | July 23, 2026 | Full Time employment |
| Mr. Chintan Modi | Head - Growth & Business Partners | July 23, 2026 | Full Time employment |
| Mr. Aditya Sisodia | Chief Technology Officer - Private Wealth | July 23, 2026 | Full Time employment |
The re-designations concern the operational structure of IIFL Capital Services Ltd and are effective as of July 23, 2026.
IIFLCAPS Stock Price Movement
IIFL Capital Services Limited shares today slipped by 1.01% to settle at ₹339.6, closing near its intraday low after trading against significant selling pressure. The stock moved within a range between ₹344 and ₹339.1, concluding the session with a volume of 281,672 shares traded.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.