BSECompany Update3d ago · 23 Jul 2026, 06:40 pm
Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
IIFL Capital Services Ltd · 542773
✦ AI SummaryMgmt Change
IIFL Capital Services Ltd has announced a change in management with the re-designation of several senior management personnel, including Joint Chief Executive Officers, Chief Technology Officers, and Heads of various departments.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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IIFL Capital Services Ltd - 542773 - Announcement under Regulation 30 (LODR)-Change in Management
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July 23, 2026
The Manager, The Manager,
Listing Department, Listing Department,
BSE Limited, The National Stock Exchange of India Ltd.,
Phiroze Jeejeebhoy Tower, Exchange Plaza, 5 Floor, Plot C/1, G Block,
Dalal Street, Bandra - Kurla Complex,
Mumbai 400 001 Bandra (E), Mumbai 400 051
Tel No.: 22721233 Tel No.: 2659 8235
Fax No.: 22723719/22723121/22722037 Fax No.: 26598237/ 26598238
BSE Scrip Code: 542773 NSE Symbol: IIFLCAPS
Sub: Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as
amended (“SEBI Listing Regulations”), we wish to inform you that the Board of Directors of IIFL Capital Services
Limited (“Company”), at its meeting held today, i.e., July 23, 2026, has, inter alia, considered and approved the
change in designation of a Senior Management Personnel of the Company, as provided hereunder:
a) Mr. Raghav Gupta and Mr. Prakash Bulusu have been re-designated as Joint Chief Executive Officers –
Private Wealth.
b) Mr. Hardik Sanghavi has been re-designated as Chief Technology Officer – Institutional Equities.
c) Mr. Chintan Modi has been re-designated as Head – Growth & Business Partners.
d) Mr. Aditya Sisodia has been re-designated as Chief Technology Officer – Private Wealth.
The disclosures required under Regulation 30 of the SEBI Listing Regulations, read with SEBI Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed as Annexure I.
The meeting of the Board of Directors commenced at 2:30 p.m. and concluded at 4:30 p.m.
Kindly take the same on record.
Yours faithfully,
For IIFL Capital Services Limited
(Formerly IIFL Securities Limited)
Meghal Shah
Company Secretary
Encl: As above
Annexure – I
Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Sr. Particular Description
No. (a) (b) (c) (d) (e)
1 Reason for change viz. Mr. Raghav Gupta has Mr. Prakash Bulusu Mr. Hardik Sanghavi Mr. Chintan Modi has Mr. Aditya Sisodia has
appointment, re- been re-designated as has been re- has been re- been re-designated as been re-designated as
appointment, Joint Chief Executive designated as Joint designated as Chief Head – Growth & Chief Technology Officer
resignation, removal, Officers – Private Wealth Chief Executive Technology Officer – Business Partners – Private Wealth.
death or otherwise; Officers – Private Institutional Equities
Wealth
2 Date of appointment/re- Date of Change in Date of Change in Date of Change in Date of Change in Date of Change in
appointment/cessation designation – July 23, designation – July 23, designation – July 23, designation – July 23, designation – July 23,
(as applicable) & term of 2026 2026 2026 2026 2026
appointment/re-
appointment Term of appointment - Term of appointment - Term of Term of appointment - Term of appointment -
Full Full appointment -Full Full Full
Time employment Time employment Time employment Time employment Time employment
3 Brief profile (in case of Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable
appointment);
4 Disclosure of Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable
relationships between
directors (in case of
appointment of a
director).