CSB Bank Limited has informed the Exchange regarding Change in Director(s) of the company.
CSBBANK · price
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CSB Bank's Board of Directors, at a meeting held on June 24, 2025, approved the reappointment of Mr. Pralay Mondal (DIN: 00117994) as Managing Director & CEO of the Bank. The reappointment is for a period of three years, effective from September 15, 2025 to September 14, 2028. The bank confirmed that Mr. Mondal is not related to any existing Directors or Key Managerial Personnel and is not debarred by SEBI or any other authority from holding a director's position.
This is a continuity announcement as the existing CEO is being retained for another three-year term, which provides leadership stability. No negative implications for shareholders; typically reappointments of sitting MD & CEO are viewed as neutral to mildly positive signals.