Key Non-Executive Director Resigns from GIC Housing Finance Board Following Superannuation
GIC Housing Finance Limited has announced a change in its board composition following the resignation of Smt. Girija Subramanian, who served as a Non-Executive Director of the company. The resignation became effective at the close of business hours on July 31, 2026.Smt. Girija Subramanian tendered her resignation from the Board of GIC Housing Finance Limited due to superannuation in her capacity as Chairman cum Managing Director of The New India Assurance Company Limited. The company noted that there were no other material reasons for the departure.
GIC Housing Finance Limited expressed appreciation for the contribution made by Smt. Girija Subramanian during her tenure with the organization.
Details concerning this change in directorship have been summarized below:
| Particulars | Details of Cessation |
|---|---|
| Reason for Change | Resignation due to superannuation as Chairman cum Managing Director of The New India Assurance Company Limited. |
| Cessation Date | July 31, 2026 (effective from close of business hours). |
The resignation was formally tendered by Smt. Girija Subramanian, who held the position of Non-Executive Director.
GICHSGFIN Stock Price Movement
Today, the equity of GIC Housing Finance Limited shed 0.20%, closing down by ₹0.29 to settle at ₹147.68. The stock traded a volume of 32,149 shares during the session.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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