Material subsidiary board approves Gaurav Sharma as Chief Technology Officer w.e.f. October 06, 2026

The Board of Religare Finvest Limited, a material subsidiary, has approved the appointment of Mr. Gaurav Sharma as Chief Technology Officer (CTO) of RFL, effective October 06, 2026.

Tue 6 Oct 2026

Effective date of appointment

October 06, 2026

Term of appointment

full-time appointment

Appointee experience

close to 30 years of experience in financial services and technology

Material subsidiary CTO appointment

The Board of Directors of Religare Finvest Limited, described in the update as a material subsidiary, has approved the appointment of Mr. Gaurav Sharma as its Chief Technology Officer (CTO).

• Effective date of appointment: October 06, 2026
• Term of appointment: full time appointment
• Reason for the change: appointment
• Relationship disclosure between directors: Not Applicable

Who has been appointed

The update describes Mr. Gaurav Sharma as bringing close to 30 years of experience at the intersection of financial services and technology, with work across lending, insurance, capital markets and banking. The stated areas of expertise include enterprise technology modernisation, analytics, AI-led transformation and scalable operating models.

Career details given in the update

• IIFL Finance Group: was serving as Chief Technology Officer since July 2022, with a group-wide mandate across Technology, Digital and Analytics for IIFL Finance, IIFL Securities and 5paisa. The update mentions work on re-platforming the lending stack, modernising infrastructure architecture and building an Analytics & AI Centre of Excellence, and a transition toward Kubernetes-led infrastructure, DevOps-driven operations and open-source ecosystems.
• Poonawalla Fincorp: Group CTO from September 2021 - February 2022, leading technology, digital and analytics across NBFC, HFC and insurance businesses. The update cites institutionalising fintech and co-lending partnerships, including with YUBI.
• L&T Financial Services: from June 2018 – August 2021, driving a multi-year enterprise transformation across lending and corporate technology platforms, including LMS consolidation, Salesforce-led loan origination transformation, enterprise data warehousing on GCP, data centre migration to cloud and SAP HANA-based finance systems.

How to read an update like this

This is a general update about a leadership appointment at a material subsidiary of the company. For a technology-heavy lending business, the CTO role carries responsibility for the digital lending stack, data and analytics. The disclosure tells investors who will hold that function at RFL and from when.

The appointment takes effect on October 06, 2026, and the term is described as full time. The update identifies Mr. Gaurav Sharma as the person appointed and sets out his prior roles and experience.

What the update is

• It is an intimation of a board-approved appointment at the material subsidiary.
• It carries the appointee's profile, the effective date and the nature of the term.

The perception such an update can create is that of a senior technology leadership position at the subsidiary being filled from the effective date, with the update placing the appointee's experience on record for investors to read.

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