Indiabulls Housing Finance Limited announced that Mr. Ashwini Omprakash Kumar, due to his health reasons and personal commitments, has relinquished the office of Deputy Managing Director of the company, with immediate effect. However, from January 1, 2023, to achieve smooth transition of his erstwhile responsibilities as Deputy Managing Director, he would continue as non-executive, non-independent director of the company till March 31, 2023. Brief Profile: Effective from March 19, 2013, Mr. Ashwini Omprakash Kumar was appointed as a whole-time director, designated as deputy managing director of the company.