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India NCLT Insolvency Resolution Filings — April 16, 2026

India Corporate Insolvency & NCLT

11 high priority6 medium priority17 total filings analysed

Executive Summary

Across 17 filings in the India Corporate Insolvency & NCLT stream, insolvency proceedings dominate with 7 filings (Aban Offshore, Unitech International, Associated Alcohols, AYM Syntex x3, Future Consumer) showing procedural advancements like adjourned hearings, CoC meetings, and amalgamation approvals, signaling potential resolutions amid neutral-to-positive sentiment. Wipro Limited emerges as a key outlier with Q4 FY26 revenue up 5.3% YoY to ₹183,628M (standalone) and 7.7% YoY to ₹242.4B (gross), FY26 up 4.0% YoY, alongside a massive ₹15,000 Cr buyback (5.7% of equity at ₹250/share), though margins contracted 0.2% YoY to 17.3% and Q1 FY27 guidance flat to -2% CC. TVS Motor's subsidiary DriveX showed explosive 76.5% YoY turnover growth to ₹59.97 Cr in FY25 but persistent losses of ₹46.33 Cr highlight mixed recovery signals. No insider trading activity reported across filings; capital allocation skewed toward buybacks (Wipro) over dividends. Portfolio-level trends indicate steady insolvency progress (6/7 neutral/positive) contrasting IT sector margin pressures (Wipro down 0.2% YoY). Critical implications: Monitor May-June NCLT/CoC catalysts for turnaround opportunities; Wipro buyback supports valuation floor amid weak guidance.

Tracking the trend? Catch up on the prior India NCLT Insolvency Resolution Filings digest from April 09, 2026.

Investment Signals(11)

  • Associated Alcohols & Breweries↓(BULLISH)
    ▲

    Resolution plan for SDF Industries approved by NCLT Kochi on April 16, 2026, positioning for acquisition; positive sentiment shift

  • Wipro Limited↓(BULLISH)
    ▲

    Q4 FY26 revenue +5.3% YoY to ₹183,628M standalone (+7.7% YoY gross to ₹242.4B), FY26 +4.0% YoY; ₹15,000 Cr buyback (5.7% equity at ₹250/share) signals strong capital return

  • Wipro Limited↓(BULLISH)
    ▲

    Large deal bookings +65.1% QoQ to $1,440M CC in Q4 FY26, FY26 total bookings +14.0% YoY to $16.4B outperforms sector softness

  • TVS Motor Company↓(BULLISH)
    ▲

    DriveX subsidiary turnover +76.5% YoY to ₹59.97 Cr FY25 (from ₹33.99 Cr FY24, +996% from ₹5.79 Cr FY23); stake increased to 92.41%

  • Birlasoft Limited↓(BULLISH)
    ▲

    Recognized as Leader in ISG Manufacturing study for AI-led platforms (IntelliBridge, bMACH); validates expertise amid CK Birla Group multibillion revenue

  • Wipro Limited↓(BULLISH)
    ▲

    FY26 profit +11.2% YoY to ₹121,296M standalone, EPS +11.0% to ₹11.59; outperforms flat PBT (+0.3% YoY Q4)

  • AYM Syntex Limited↓(BULLISH)
    ▲

    NCLT-directed meetings for Mandawewala amalgamation on May 25, 2026 (equity 12PM, creditors 4PM); e-voting May 20-24 signals resolution progress

  • Unitech International↓(BULLISH)
    ▲

    8th CoC meeting April 17, 2026 at 4PM; procedural advancement in CIRP under RP Nitin Narang

  • Reliance Industries↓(NEUTRAL-BULLISH)
    ▲

    Routine ESOP allotment of 66,088 shares (minor dilution <0.01%); steady employee incentive program

  • Sammaan Capital↓(NEUTRAL-BULLISH)
    ▲

    Open offer pre-advertisement for 26.05% stake at ₹2/share by Avenir/IHC; procedural step in takeover

  • Wipro Limited↓(MIXED-BULLISH)
    ▲

    Total bookings +3.2% QoQ to $3,455M CC Q4 FY26 vs IT services -0.2% YoY decline

Risk Flags(8)

  • Future Consumer / Insolvency Petition↓[HIGH RISK]
    ▼

    NCLT Mumbai hearing update shows admitted liability on NCDs since 2022, acceleration notices Mar/Apr 2024; adjourned April 17, 2026 amid limitation arguments

  • Wipro Limited / Margin Trend↓[MEDIUM RISK]
    ▼

    Q4 FY26 operating margins -0.2% YoY to 17.3%, net income -1.9% YoY; Q1 FY27 IT services guidance flat to -2% CC sequential

  • Wipro Limited / Revenue Mix↓[MEDIUM RISK]
    ▼

    IT services CC revenue -0.2% YoY Q4 FY26, -1.6% FY26 despite overall growth; highlights segment underperformance

  • TVS Motor / DriveX Subsidiary↓[MEDIUM RISK]
    ▼

    FY25 loss after tax ₹46.33 Cr despite 76.5% YoY turnover growth; networth ₹36.98 Cr remains thin

  • Aban Offshore / CIRP Appeal↓[MEDIUM RISK]
    ▼

    NCLAT Chennai adjourned suspended MD's appeal to June 2, 2026; existing interim orders continue amid PNB dispute

  • Wipro Limited / Guidance↓[MEDIUM RISK]
    ▼

    Q1 FY27 IT revenue $2,597-2,651M (-2% to 0% seq CC); below consensus amid deal ramp-up delays

  • Future Consumer / Financials↓[HIGH RISK]
    ▼

    FY24-25 FS reflect NCD debt defaults since May 2022; waivers contested by petitioner

  • TVS DriveX / Growth Quality[LOW-MEDIUM RISK]
    ▼

    Turnover +76.5% YoY FY25 but cumulative losses persist (₹46.33 Cr FY25); related party stake hike at ₹9.99 Cr for 0.20%

Opportunities(8)

  • Associated Alcohols / NCLT Approval↓(OPPORTUNITY)
    ◆

    SDF Industries resolution plan approved April 16, 2026; details per SEBI circular imminent, potential acquisition at distressed valuation

  • Wipro Limited / Buyback↓(OPPORTUNITY)
    ◆

    ₹15,000 Cr tender offer at ₹250/share (5.7% equity); accretive capital allocation post +4.0% FY26 revenue growth

  • AYM Syntex / Amalgamation↓(OPPORTUNITY)
    ◆

    NCLT meetings May 25, 2026 for Mandawewala merger; approval could consolidate textile ops (CIN U17200MH2007)

  • TVS Motor / DriveX↓(OPPORTUNITY)
    ◆

    76.5% YoY turnover growth FY25 to ₹59.97 Cr; parent stake to 92.41% positions for mobility turnaround

  • Birlasoft / Industry Recognition↓(OPPORTUNITY)
    ◆

    ISG Leader in Manufacturing (Supply Chain, Transformation); leverage AI platforms for CKA Birla expansion

  • Unitech International / CoC Meeting↓(OPPORTUNITY)
    ◆

    8th CoC April 17, 2026; potential resolution vote in CIRP under RP Nitin Narang

  • Sammaan Capital / Open Offer↓(OPPORTUNITY)
    ◆

    26.05% acquisition at ₹2/share; monitor for control premium post prior LoF/addendum

  • Wipro / Large Deals↓(OPPORTUNITY)
    ◆

    Q4 $1,440M (+65.1% QoQ CC), FY26 $7.8B (+45.4% YoY); pipeline supports multi-year revenue inflection

Sector Themes(5)

  • Insolvency Progress Acceleration
    ◆

    7/17 filings (41%) on CIRP/NCLT (Aban, Unitech, AYM x3, Future, Associated); 4/7 show May-June catalysts (e.g., CoC Apr17, meetings May25, appeal Jun2), implying higher resolution rates vs historical IBC delays [THEME: TURNAROUND MOMENTUM]

  • IT Services Margin Pressure
    ◆

    Wipro Q4 margins -0.2% YoY to 17.3% amid IT revenue -0.2% YoY; Infosys earnings Apr23 watch for peers; contrasts bookings strength (+3.2% QoQ) [THEME: GROWTH VS PROFITABILITY TRADEOFF]

  • Capital Return via Buybacks
    ◆

    Wipro ₹15,000 Cr (5.7% equity) only major allocation; no dividends/splits noted; signals cash-rich balance sheets prioritizing EPS accretion over reinvestment [THEME: SHAREHOLDER FRIENDLY]

  • Subsidiary Turnarounds Mixed
    ◆

    TVS DriveX +76.5% YoY revenue but ₹46.33 Cr loss; AYM/Mandawewala merger procedural; highlights related-party bets on recovery [THEME: PROMOTER CONSOLIDATION]

  • Procedural Neutrality Dominant
    ◆

    10/17 neutral sentiment (59%), focused on hearings/meetings (e.g., NCLAT Jun2, CoC Apr17); low volatility but catalyst density high [THEME: EVENT-DRIVEN TRADING]

Watch List(8)

Filing Analyses(17)
Aban Offshore LimitedInsolvencyneutralmateriality 9/10

16-04-2026

Aban Offshore Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP), notified BSE and NSE on April 16, 2026, of an NCLAT Chennai order dated April 10, 2026, in Company Appeal (AT)(CH)(Ins) No.477/2025 filed by suspended Managing Director Reji Abraham against Punjab National Bank and others. The tribunal adjourned the hearing to June 2, 2026, due to counsel's prior engagement, while continuing any existing interim orders. Resolution Professional Shailesh Desai signed the disclosure.

  • ·Appeal details: Company Appeal (AT)(CH)(Ins) No.477/2025 (IA Nos. 1357, 1358 & 1359/2025)
  • ·Scrip Code: 523204, Symbol: ABAN
  • ·Next hearing date: June 2, 2026
Unitech International LtdInsolvencyneutralmateriality 8/10

16-04-2026

Unitech International Ltd, currently under Corporate Insolvency Resolution Process (CIRP), has disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015, that the 8th meeting of the Committee of Creditors (CoC) is scheduled for April 17, 2026, at 4:00 PM via video conferencing. The disclosure is signed by Resolution Professional Mr. Nitin Narang.

  • ·Scrip Code: 531867
  • ·Name of Scrip: UNITINT
  • ·IBBI Registration Number: IBBI/IPA-002/IP-N00828/2019-2020/12629
  • ·AFA Valid Till: 30.06.2026
  • ·Registered Office: D-714/Nilkant Business Park, Vidyavihar West, Mumbai - 400 086
Reliance Industries LimitedCompany Updateneutralmateriality 2/10

16-04-2026

Reliance Industries Limited allotted 66,088 equity shares of Rs. 10/- each on April 16, 2026, pursuant to the Reliance Industries Limited Employees' Stock Option Scheme 2017. This routine employee incentive allotment represents minor equity dilution with no other financial metrics or period comparisons disclosed.

  • ·Scrip Code: 500325
  • ·Trading Symbol: RELIANCE
  • ·Registered Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai-400 021
TVS Motor Company LimitedCompany Updatemixedmateriality 7/10

16-04-2026

TVS Motor Company Limited increased its shareholding in subsidiary DriveX Mobility Private Limited to 92.41% from 87.38% through acquisition of an additional 0.20% stake for Rs. 9,99,60,460.68 on April 15, 2026. DriveX reported turnover growth to Rs. 59.97 Cr in FY 2024-25 from Rs. 33.99 Cr in FY 2023-24 (up 76.5% YoY) and Rs. 5.79 Cr in FY 2022-23, but recorded a loss after tax of Rs. 46.33 Cr with networth of Rs. 36.98 Cr. The transaction is a related party deal at arm's length, with promoter group member Mr. Sudarshan Venu holding 0.38% in DriveX.

  • ·DriveX CIN: U63040TZ2020PTC033680, incorporated April 1, 2020.
  • ·Transaction completed on April 15, 2026; intimation on April 16, 2026 at 10:08 A.M. IST.
  • ·No governmental or regulatory approvals required.
Associated Alcohols & Breweries Ltd.Insolvencypositivemateriality 8/10

16-04-2026

Associated Alcohols & Breweries Limited's Resolution Plan submitted for SDF Industries Limited has been approved by the Hon’ble National Company Law Tribunal (NCLT), Kochi Bench, via Order No. IA (IBC)(Plan)/01/KOB/2026 in CP (IBC)/21/KOB/2024 dated April 16, 2026. The company will submit details as required under SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, shortly. This development positions the company to potentially acquire SDF Industries Limited through the insolvency resolution process.

  • ·NCLT Kochi Bench pronounced the order on April 16, 2026
  • ·SEBI (LODR) Regulations, 2015 – Regulation 30 intimation
  • ·Corporate Identity Number (CIN): L15520MP1989PLC049380
AYM Syntex LimitedInsolvencyneutralmateriality 8/10

16-04-2026

AYM Syntex Limited disclosed newspaper publications (Business Standard English and Navshakti Marathi editions on April 16, 2026) of notices to equity shareholders and unsecured creditors for meetings ordered by NCLT Mumbai Bench (order dated April 6, 2026) to consider and approve the Scheme of Amalgamation of Mandawewala Enterprises Limited (Transferor Company) with AYM Syntex Limited (Transferee Company). Meetings are scheduled for May 25, 2026 via Video Conferencing/Other Audio Visual Means: Equity Shareholders at 12:00 PM IST and Unsecured Creditors at 4:00 PM IST, with e-voting facilities from May 20 to May 24, 2026. No financial performance metrics or period-over-period comparisons are provided in this procedural disclosure.

  • ·NCLT Company Application No. C.A.(CAA)/267(MB)2025
  • ·Cut-off date for Equity Shareholders notice: April 10, 2026; voting: May 18, 2026
  • ·Cut-off date for Unsecured Creditors notice and voting: September 30, 2025
  • ·Scheme documents available at company website https://www.aymsyntex.com/investors/shareholder-information/scheme-of-arrangement-amalgamation and stock exchange websites
  • ·Registrar and Transfer Agent: MUFG Intime India Private Limited
BIRLASOFT LIMITEDCompany Updatepositivemateriality 7/10

16-04-2026

Birlasoft Ltd, part of the CKA Birla Group, has been recognized as a Leader in ISG’s Manufacturing Industry Services and Solutions study, achieving leadership positions in Supply Chain & Aftermarket Services and Technology, Transformation & Consulting Services. This validates Birlasoft’s expertise in AI-led digital manufacturing transformation, proprietary platforms like IntelliBridge, bMACH, IntelliVision, and IntelliAsset, and partnerships with SAP, Oracle, and Infor. The accolade underscores their ability to drive resilient supply chains, smart factories, and sustainable operations for global manufacturers.

  • ·Birlasoft operates with nearly 12,000 professionals focused on cloud, AI, data, and enterprise solutions.
  • ·CKA Birla Group is a multibillion-dollar revenue conglomerate with presence in technology, automotive, home and building, and healthcare sectors.
  • ·ISG Provider Lens™ Quadrant research covers global markets including U.S., Europe, and Asia-Pacific.
Sammaan Capital LimitedCompany Updateneutralmateriality 8/10

16-04-2026

Avenir Investment RSC Ltd (Acquirer), along with IHC Capital Holding LLC (PAC), has submitted a Pre-Offer Advertisement cum Corrigendum to BSE for an open offer to acquire up to 34,17,54,286 Equity Shares (26.05% of Expanded Voting Share Capital) of Sammaan Capital Limited at INR 2 face value each, pursuant to SEBI (SAST) Regulations. The advertisement appeared in Financial Express (English), Jansatta (Hindi), and Navshakti (Marathi) on April 16, 2026, following prior documents including Public Announcement (Oct 02, 2025), DPS (Oct 09, 2025), DLoF (Oct 16, 2025), Corrigendum (Jan 14, 2026), LoF (Apr 03, 2026), and Addendum (Apr 09, 2026). No financial performance metrics or changes are reported in this procedural update.

  • ·Pre-Offer Advertisement published in Financial Express (All English Editions), Jansatta (All Hindi Editions), Navshakti (Mumbai Marathi Edition) on April 16, 2026
  • ·Prior submissions: Public Announcement Oct 02, 2025; DPS Oct 09, 2025; DLoF Oct 16, 2025; Corrigendum to DLoF/DPS Jan 14, 2026; LoF Apr 03, 2026; Addendum to LoF Apr 09, 2026
AYM Syntex LimitedInsolvencyneutralmateriality 9/10

16-04-2026

AYM Syntex Limited informed stock exchanges under Regulation 30 of SEBI Listing Regulations that the NCLT Mumbai Bench-IV, via order dated April 6, 2026 (C.A. (CAA)/267/MB/2025), has directed the company to convene meetings of equity shareholders (May 25, 2026, 12:00 PM IST) and unsecured creditors (May 25, 2026, 4:00 PM IST) via VC/OAVM to consider and approve the Scheme of Amalgamation of Mandawewala Enterprises Limited (Transferor) with AYM Syntex Limited (Transferee). Remote e-voting for shareholders starts May 20, 2026 (9:00 AM IST) and ends May 24, 2026 (5:00 PM IST), with cut-off date May 18, 2026. No financial metrics or performance comparisons are disclosed in the filing.

  • ·NCLT Mumbai Bench-IV order dated April 6, 2026 in Company Scheme Application No. C.A. (CAA)/267/MB/2025
  • ·AYM Syntex Limited CIN: L99999MH1983PLC459099; Registered office: 9th Floor, Trade World, B Wing, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai - 400013
  • ·Mandawewala Enterprises Limited CIN: U17200MH2007PLC452532; Registered office: B-Wing, 9th Floor, Trade World, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai - 400013
  • ·Unsecured creditors cut-off date: September 30, 2025
  • ·Notice available on company website: www.aymsyntex.com and NSDL: www.evoting.nsdl.com
AYM Syntex LimitedInsolvencyneutralmateriality 8/10

16-04-2026

The National Company Law Tribunal (NCLT), Mumbai Bench-IV, via order dated April 6, 2026, has directed AYM Syntex Limited to convene meetings of equity shareholders on May 25, 2026 at 12:00 PM IST and unsecured creditors at 4:00 PM IST via VC/OAVM to consider and approve the Scheme of Amalgamation of Mandawewala Enterprises Limited (Transferor Company) with AYM Syntex Limited (Transferee Company) under Sections 230-232 of the Companies Act, 2013. Remote e-voting opens May 20, 2026 (9:00 AM IST) and ends May 24, 2026 (5:00 PM IST), with cut-off date of May 18, 2026 for equity shareholders. No financial metrics or performance data are disclosed in the filing.

  • ·NCLT Company Scheme Application No. C.A. (CAA)/267/MB/2025
  • ·AYM Syntex Limited CIN: L99999MH1983PLC459099
  • ·Mandawewala Enterprises Limited CIN: U17200MH2007PLC452532
  • ·Unsecured creditors cut-off date: September 30, 2025
  • ·Registered office: 9th Floor, Trade World, B Wing, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai - 400013
Infosys LimitedCompany Updateneutralmateriality 5/10

16-04-2026

Infosys Limited announced it will release its fourth quarter and annual financial results for the year ended March 31, 2026, on April 23, 2026, at 3:45 p.m. IST, followed by a press conference at 4:30 p.m. IST and an earnings conference call at 5:30 p.m. IST, both webcast live on the Investor Relations section of the company's website. No financial metrics or performance data were disclosed in this pre-announcement filing. The company noted its workforce exceeds 330,000 employees serving clients across 63 countries.

  • ·Results announcement: 3:45 p.m. IST on April 23, 2026
  • ·Press conference: 4:30 p.m. IST on April 23, 2026 (live webcast, archived after 6:30 p.m. IST)
  • ·Earnings call: 5:30 p.m. IST on April 23, 2026 (60 minutes, open to investors/analysts, replay available until April 30, 2026)
Future Consumer LtdInsolvencynegativemateriality 9/10

16-04-2026

Future Consumer Limited provided an update on the NCLT (Mumbai) hearing in the insolvency petition filed by Resurgent India Special Situations Fund, where the company submitted an affidavit confirming it is not classified as an NBFC and argued that the first default occurred in May 2022, beyond the limitation period. The petitioner highlighted defaults since 2022, waivers, and acceleration notices dated 07.03.2024 and 24.04.2024, with the company's liability admitted on record. The matter is adjourned to 17th April, 2026 for further arguments on limitation and related judgments.

  • ·Previous disclosure dated 17th March, 2026.
  • ·Petition references Financial Statements for FY 2024-25 reflecting NCDs and debt.
  • ·Company cites Supreme Court judgment of Pathapati Subba Reddy on limitation.
Wipro LimitedBoard Meetingpositivemateriality 9/10

16-04-2026

Wipro Limited's Board approved audited standalone and consolidated financial results for Q4 and FY26 ended March 31, 2026, showing revenue growth of 5.3% YoY to ₹183,628 million in Q4 (flat 1.95% QoQ from ₹180,169 million) and 4.0% YoY for FY26 to ₹713,451 million. The Board also proposed a buyback of up to 60,00,00,000 equity shares (5.7% of paid-up capital) at ₹250 per share for aggregate ₹1,50,00,00,00,000 (₹15,000 Crore), subject to shareholder approval, and re-appointed Ms. Tulsi Naidu as Independent Director for a second 5-year term from July 1, 2026.

  • ·Board meeting held April 15-16, 2026.
  • ·Re-appointment of Ms. Tulsi Naidu w.e.f. July 1, 2026, to June 30, 2031, subject to shareholder approval.
  • ·Buyback via tender offer route from existing shareholders on proportionate basis, subject to special resolution via postal ballot.
  • ·Promoters intend to participate in buyback.
  • ·Auditor's report: clean opinion on standalone financial results under Ind AS.
Wipro LimitedResultpositivemateriality 10/10

16-04-2026

Wipro Limited's Board approved the audited standalone financial results for Q4 and FY26 ended March 31, 2026, showing revenue growth of 5.3% YoY to ₹183,628 million in Q4 and 4.0% YoY to ₹713,451 million for FY26, with profit rising 3.9% YoY to ₹30,371 million in Q4 and 11.2% YoY to ₹121,296 million for FY26. Profit before tax in Q4 was nearly flat YoY at ₹40,782 million (up 0.3%). EPS (basic) improved to ₹2.90 in Q4 (up 3.6% YoY) and ₹11.59 for FY26 (up 11.0% YoY).

  • ·Auditor's report issued with unmodified opinion.
  • ·Standalone results prepared under Ind AS; consolidated under Ind AS and IFRS also approved.
  • ·Board meeting held April 15-16, 2026.
  • ·National Company Law Tribunal approved merger scheme of subsidiaries on June 06, 2025.
Wipro LimitedCompany Updatemixedmateriality 9/10

16-04-2026

Wipro's Q4 FY26 gross revenue rose 2.9% QoQ and 7.7% YoY to ₹242.4 billion, with total bookings up 3.2% QoQ and large deal bookings surging 65.1% QoQ to $1,440 million in constant currency; FY26 revenue grew 4.0% YoY to ₹926.2 billion. However, IT services constant currency revenue declined 0.2% YoY in Q4 and 1.6% for FY26, operating margins contracted 0.2% YoY to 17.3% in Q4, net income fell 1.9% YoY, and Q1 FY27 IT services outlook is flat to -2.0% sequentially in constant currency. The board approved a ₹150 billion share buyback subject to shareholder approval.

  • ·Q1 FY27 IT Services revenue guidance: $2,597 million to $2,651 million (-2.0% to 0% sequential constant currency)
  • ·Large deal bookings Q4 FY26: $1,440 million (+65.1% QoQ constant currency); FY26: $7.8 billion (+45.4% YoY)
  • ·Total bookings Q4 FY26: $3,455 million (+3.2% QoQ constant currency); FY26: $16.4 billion (+14.0% YoY)
  • ·Buyback: up to 60,00,00,000 equity shares (5.7% of total paid-up equity share capital) at ₹250 per share
  • ·Interim dividend of ₹11 declared in FY26 considered as final dividend for FY 2025-26
  • ·Voluntary attrition: 13.8% on trailing 12-month basis
Wipro LimitedCompany Updateneutralmateriality 4/10

16-04-2026

Wipro Limited's Board of Directors, at their meeting held on April 15-16, 2026, approved the re-appointment of Ms. Tulsi Naidu (DIN: 03017471) as an Independent Director for a second term of 5 years, effective July 1, 2026, to June 30, 2031, subject to shareholder approval. This follows the completion of her first 5-year term ending June 30, 2026. No other outcomes from the board meeting were disclosed.

  • ·Ms. Tulsi Naidu serves as Chairperson of Nomination and Remuneration Committee and member of Audit, Risk and Compliance Committee.
  • ·Ms. Naidu is not debarred from holding the office of director by SEBI or any other authority.
  • ·No relationships between directors disclosed.
  • ·Board meeting commenced April 15, 2026 at 4 PM and concluded April 16, 2026 at 3:55 PM.
LIC Housing Finance LimitedCompany Updateneutralmateriality 3/10

16-04-2026

LIC Housing Finance Limited notified changes in Senior Management Personnel effective close of business on April 16, 2026, pursuant to Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015. Shri Debakanta Padhi ceased as General Manager (HR, Staff Discipline and Legal) due to repatriation back to LIC of India. No other changes or impacts were mentioned.

  • ·Scrip ID: LICHSGFIN EQ (NSE); Scrip Code: 500253 (BSE)
  • ·CIN: L65922MH1989PLC052257
  • ·Registered & Corporate Office: LIC Housing Finance Ltd., 131, Maker Tower-F, 13th Floor, Cuffe Parade, Mumbai - 400005

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