HDB Financial Services board re-appoints two independent directors, adds HDFC Bank nominee
HDBFS · price
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The board approved re-appointment of Mr. Jayesh Chakravarthi as Independent Director for 5 years from January 25, 2027, and Ms. Arundhati Mech as Independent Director for 3 years from February 11, 2027. It also appointed Mr. Jimmy Tata, a senior HDFC Bank executive with 32 years at the bank, as Additional Non-Executive Director as HDFC Bank nominee, from October 22, 2026 to July 31, 2028. All changes are subject to shareholder approval.
Routine board reshuffle with no material impact. HDFC Bank continues board representation through its nominee director.