Canara Robeco Asset Management Company Limited has informed the Exchange about the resignation of Non-Executive Non-Independent Director and Chairman.
CRAMC · price
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Canara Robeco AMC has informed the stock exchanges that Mr. K Satyanarayana Raju (DIN: 08607009) has resigned as Non-Executive Non-Independent Director and Chairman of the Board, effective from the close of business hours on December 31, 2025. The resignation is linked to his superannuation from his position as Managing Director & CEO of Canara Bank, the promoter of the AMC. The resignation letter has been attached as Annexure B, and the SEBI-mandated disclosure details as Annexure A. The change was communicated to NSE (CRAMC) and BSE (544580) under Regulation 30 of the SEBI Listing Regulations.
This is a routine, expected leadership transition tied to Mr. Raju's retirement from promoter Canara Bank rather than any governance concern. Shareholders may see a brief period of board-level transition, but the AMC's day-to-day operations, led by its professional management team, should remain unaffected in the near term.