Bandhan Bank Limited has informed the Exchange regarding Change in Director(s) of the company.
BANDHANBNK · price
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Awaiting price reaction for this filing.
Bandhan Bank's board, at its September 25, 2025 meeting, approved the appointment of Mr. Avijit Mukerji as an Additional Non-Executive Non-Independent Director, as a nominee of promoter Bandhan Financial Holdings Limited (BFHL), effective immediately. Mukerji is a Chartered Accountant and former senior partner at PricewaterhouseCoopers India, currently founder of TatvaSutra Solutions LLP. His appointment is subject to shareholder approval within three months. Additionally, the board recommended to the RBI the re-appointment of Mr. Ratan Kumar Kesh as Executive Director and Chief Operating Officer for a further 3 years from March 31, 2026, subject to RBI and shareholder approval. Kesh previously served as Interim MD & CEO of the bank from July to October 2024 during the leadership transition.
These are routine governance changes — a promoter-nominee director brings in deep audit and financial expertise, while the COO re-appointment provides leadership continuity. No negative signals; unlikely to materially move the stock in the short term.