Bandhan Bank Limited has informed the Exchange regarding Notice of Postal Ballot.
BANDHANBNK · price
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Bandhan Bank is seeking shareholder approval via postal ballot for appointing Mr. Debashish Mukherjee as an Independent Director for a 3-year term effective March 25, 2026. Mr. Mukherjee was appointed as Additional Director (Independent) on the same date after receiving Ministry of Finance approval. He is a former Executive Director of Canara Bank who superannuated on May 31, 2025, and brings over 30 years of banking experience across Punjab National Bank, United Bank of India, and Canara Bank. His expertise spans banking, risk management, MSME, digital banking, HR, finance, and business management. Remote e-voting runs from May 7 to June 5, 2026, with results expected by June 7, 2026. He does not hold any equity shares in the bank.
Shareholders should approve this appointment as it strengthens the board with an experienced banking professional. This is a routine governance matter with no material impact on stock price expected from the appointment itself.