Canara Bank: CGM Mahesh M Pai ceases, effective Sept 1, 2026

Kmp ResignedManagement Changes View source PDF Explain this filing

CANBK · price

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Price reactionminutes from the announcement price · days from the prior close

+0.4%Reaction day

₹125.60

prior close

₹125.35

announcement price

After-mkt

timing

Nifty 100market-0.5%+0.9% vs market

Public Sector Bank peers, median of 11sector+0.4%+0.0% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty 100 and in line with its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.4

10m

-0.3

15m

-0.4

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4-0.5+0.9+0.4+0.0

Next day

+0.3-0.6+0.9+1.9-1.6

+0.4-0.5+0.9+2.0-1.6

-1.0-1.0-0.0+0.4-1.4

-0.7-1.4+0.7-0.5-0.2

-1.2-2.1+0.9-0.2-1.0

-1.3-2.4+1.2-0.6-0.7

15d

+0.1-3.7+3.8-2.8+2.9

-5.7-6.0+0.4-5.9+0.2

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UpDownMarket · Nifty 100Sector · Public Sector Bank peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Canara Bank informed stock exchanges that Shri Mahesh M Pai ceased to be the Chief General Manager (CGM) with effect from September 1, 2026, after being relieved from service on August 31, 2026, upon approval by the Competent Authority. The reason for change is recorded as resignation. The disclosure has been made under Regulation 30 of the SEBI LODR Regulations, 2015, along with the prescribed SEBI master circular format for senior management changes.

Likely market impact

Routine senior management departure via resignation. No immediate bearing on shareholders or stock; typical PSB-level transition.