DCB Bank chair and independent director retires after completing term

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DCBBANK · price

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

+1.4%Reaction day

₹128.30

prior close

₹128.82

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.0%+0.4% vs market

Private Sector Bank peers, median of 19sector+0.5%+0.9% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 0.9 pts more than its Private 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

-0.7

10m

-0.5

15m

-0.6

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.4+1.0+0.4+0.5+0.9

Next day

+1.2+1.5-0.3+1.8-0.5

+1.0+1.0+0.0+1.4-0.3

+13.3+2.0+11.3+4.0+9.3

+23.4+3.1+20.4+5.2+18.3

+22.2+2.6+19.6+5.4+16.8

+24.6+2.7+22.0+6.3+18.3

15d

+34.8+1.8+33.0+6.4+28.3

+45.2+2.5+42.7+8.5+36.8

+32.0-2.9+34.9+7.8+24.2

+46.8-6.3+53.1+11.8+35.0

UpDownMarket · Nifty Microcap 250Sector · Private Sector Bank peers, median of 19Pending

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

AI summary

Farokh N. Subedar ceased to be DCB Bank's part-time non-executive chairperson and independent director at the close of business on October 14, 2025, after completing his term. The bank thanked him for his service. This was the end of his tenure, not an early resignation.

Likely market impact

His departure changes board leadership, but the filing reports a completed term rather than a sudden exit. No successor or financial impact is disclosed.