Aadhar Housing Finance Limited has announced changes in its senior management personnel structure, effective January 1, 2026. According to the company's disclosure to stock exchanges, the modifications stem from adjustments to the company's internal reporting framework, impacting the classification of certain executives under SEBI regulations. Two key executives - Mr. Shrikant Patil, Head – Technical and Mr. Suraj Shetty, Head – Legal - will no longer be classified as Senior Management Personnel (SMP) under Regulation 16(1)(d) of the SEBI LODR Regulations due to the restructured reporting hierarchy.
The company has emphasized that these changes do not involve any cessation of employment. As reported by Aadhar Housing Finance Limited, both Mr. Patil and Mr. Shetty will continue working with the company under the new reporting structure. The modification is purely administrative, reflecting the company's internal organizational adjustments rather than personnel departures. The event was recorded at 4:33 p.m. on January 1, 2026.
According to the company's filing, the announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure follows the requirements outlined in SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Company Secretary and Compliance Officer Harshada Pathak has signed the official communication, ensuring proper regulatory adherence.
As reported by the company, the necessary documentation has been filed with stock exchanges and debenture trustees, including Catalyst Trusteeship Limited and Beacon Trusteeship Limited. Complete disclosure details are available on the company's official website under regulatory compliance sections. The restructuring represents an internal organizational change without impacting the operational roles of the affected personnel.
