LIC Housing Finance Reports Change in Senior Management Personnel
LIC Housing Finance Limited announced a change in its Senior Management Personnel (SMP) effective close of business hours on April 16, 2026.The company confirmed the cessation of duties for Shri Debakanta Padhi, who previously held the designation of General Manager (HR, Staff Discipline and Legal). The change was attributed to his repatriation back to LIC of India.
The key details of the management transition are summarized below:
| Personnel Name | Designation | Reason for Change |
|---|---|---|
| Shri Debakanta Padhi | General Manager (HR, Staff Discipline and Legal) | Cessation as Repatriated back to LIC of India. |
The company confirmed that the change in senior management personnel was effective on April 16, 2026.
LICHSGFIN Stock Price Movement
Today, LIC Housing Finance Limited shares edged higher to close at ₹534.85, gaining 1.15% or ₹6.10. The stock traded on a volume of 1.51 million shares, managing to hold significantly above its daily low of ₹529.55.Source:
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