DCB Bank Limited has informed the Exchange regarding Cessation of Mr Mr. Iqbal Khan as Non- Executive Director of the company w.e.f. July 14, 2025.
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DCB Bank has informed the stock exchanges that Mr. Iqbal Khan (DIN: 07870063) has ceased to be a Non-Executive Non-Independent Director of the bank, effective from the close of business hours on July 14, 2025. His exit comes upon completion of his eight-year tenure, in line with applicable regulatory norms. The bank has made the disclosure under Regulation 30 of the SEBI Listing Regulations. No reason beyond tenure completion has been cited, and the letter is signed by the Company Secretary & Compliance Officer, Rubi Chaturvedi.
This is a routine, expected board change driven by the 8-year tenure limit and is unlikely to materially affect the bank's operations or stock price. Shareholders should watch for any subsequent announcement regarding the appointment of a replacement director.