Capital Small Finance Bank Limited has informed the Exchange regarding Re -appointment of Mr. Munish Jain as Whole time director designated as Executive Director of the company w.e.f. August 28, 2026 subject to approval of RBI.
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Capital Small Finance Bank has informed the exchanges that shareholders, via postal ballot dated January 29, 2026, have approved the re-appointment of Mr. Munish Jain as Whole-time Director designated as Executive Director for a fresh 3-year term effective August 28, 2026, subject to RBI approval. Mr. Jain, aged 47, is a Chartered Accountant and Company Secretary with 25+ years of banking experience and has been with the bank since 2000 as part of its founding team. He currently holds 185,299 equity shares in the bank and was previously serving in the same role since August 28, 2023. His prior term as Executive Director was instrumental in converting the Local Area Bank into a Small Finance Bank and listing the bank on BSE/NSE in February 2024.
This is a continuity move with no change in leadership direction. Shareholders get reassurance that the existing executive team stays in place, though the re-appointment is still pending RBI clearance before it formally takes effect in August 2026.