BANDHAN BANK LIMITED has informed the Exchange about Resignation of Independent director.
BANDHANBNK · price
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Awaiting price reaction for this filing.
Bandhan Bank has informed the exchanges that Dr. A S Ramasastri (DIN: 06916673), an Independent Director, has resigned from the Board effective close of business hours on June 30, 2025. Dr. Ramasastri stated that his Trust activities (allamrajutrust.org) are demanding more of his time, making it difficult for him to devote the necessary time to his role as an independent director. He confirmed there are no other material reasons for his resignation. He does not hold directorship in any other listed entity.
This is a routine single independent director exit driven by personal time constraints, not governance concerns. The stock is unlikely to be materially impacted, though investors may note any upcoming board reconstitution plans.