GIC Housing Finance said in a BSE filing that Rani Singh Nair ceased to be an independent director at the close of business hours on September 25, 2026, following completion of her second term. Her departure also ended her membership and chairperson roles on the company's board-level committees.

Nair had been appointed for a second term of three consecutive years, running from September 26, 2023, to September 25, 2026. The company identified completion of that tenure as the reason for the change in its board composition.

The disclosure concerns the scheduled end of her independent directorship. The filing classifies the cessation as completion of her second term, rather than a resignation or removal.

Tenure ends along with committee roles

The company specified 6:00 p.m. on September 25, 2026, as the date and time of the event. The BSE announcement carried a publication timestamp of 6:47 p.m. on the same day.

GIC Housing Finance said Nair consequently ceased to serve as a member or chairperson of board-level committees. The supplied disclosure did not name those committees or identify any successor to her board or committee positions.

The company expressed its appreciation for Nair's contribution during her tenure as an independent director. It identified her in the disclosure by Director Identification Number 09103000.

Details of the exchange disclosure

The company submitted the notice under Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It also cited the applicable SEBI master circular dated January 30, 2026.

An accompanying Annexure A set out the reason for cessation and its effective date. The sections seeking a brief profile and disclosure of relationships between directors were marked not applicable, as those particulars related to an appointment.

Raj Gor, Group Head and Company Secretary, signed the filing addressed to BSE Limited. The notice listed 511676 as GIC Housing Finance's equity scrip code and gave its registered office address in Churchgate, Mumbai.

Source: BSE corporate announcement.