Date: June 25, 2026

KMP / Board / Auditor Changes

Appointment of Managing Director & CEO at RHDFCL

  • Mr. Pavan Kumar Gupta appointed as Managing Director (MD) & Chief Executive Officer (CEO) of Religare Housing Development Finance Corporation Limited (RHDFCL), a step-down subsidiary of Religare Enterprises Limited
  • Effective date of appointment: July 1, 2026
  • Appointment subject to approval of shareholders of RHDFCL, to be obtained in due course
  • Date of joining: June 25, 2026
  • Interim designation: MD & CEO designate until July 1, 2026
  • Board approval date: June 17, 2026

Profile of Mr. Pavan Kumar Gupta

  • 30+ years of experience in building, scaling, and transforming housing finance and mortgage businesses across India
  • Most recent assignment: CEO of Muthoot Housing Finance Company Limited
  • Previous experience: 17 years across Dewan Housing Finance Limited (DHFL), Deutsche Postbank Home Finance Limited, and BHW Birla Home Finance Limited
  • Senior roles included Business Head, South & West and Head of International Business at DHFL
  • Led significant regional expansion, scaled mortgage portfolios across multiple geographies, and built high-performing teams

Educational Qualifications

  • Chartered Financial Analyst from ICFAI, Hyderabad (All India Rank 1 in Level 3)
  • MBA in Marketing & Finance from Utkal University, Bhubaneswar (University Rank 2)
  • B.Sc. in Physics (Honours) from Utkal University (University Rank 7)

Awards and Recognition

  • Most Admiring BFSI Leader by World BFSI Congress (2022)
  • Ranked among Top 60 CEOs in India by StartupLanes (2022)
  • Star Leader of the Year at DHFL (2012)

Relationship Disclosure

  • Mr. Pavan Kumar Gupta is not related to any of the Directors of RHDFCL

Other Sections

Not Specified: Dividend Declaration, Board Meeting Outcomes (other than this appointment), Financial Results, Auditor's Report, Disinvestment/Strategic Actions, Media Release/Investor Communication, Other Operational/Legal/Strategic Disclosures