DHANBANKBSEDhanlaxmi Bank LtdMediumNeutral
Announced Mon, 25 May · 11:50 IST

Change in Senior Management Personnel

Management Changes View source PDF

DHANBANK · price

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Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹33.52
prior close
₹33.63
base price
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AI summary

Dhanlaxmi Bank Ltd announced that Mr. Balasubramanian A.D has completed his tenure as Chief Vigilance Officer (CVO) of the Bank, with effect from May 24, 2026. This is a routine change as the CVO's contractual tenure has ended, rather than a voluntary resignation. The bank has filed this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. No brief profile or relationship disclosure with directors was provided as these were marked as not applicable. The bank's Company Secretary, Mr. Venkatesh H, signed the disclosure on May 25, 2026.

Likely market impact

This change is administrative in nature as it represents a scheduled completion of tenure rather than a voluntary resignation or sudden departure. The impact on shareholders and stock price is expected to be minimal, though the bank will need to appoint or designate a new Chief Vigilance Officer going forward.