Indian Bank has informed the Exchange about Retirement of Shri Mahesh Kumar Bajaj, Executive Director of the Bank from Bank s services on superannuation
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Indian Bank has informed the exchanges that Shri Mahesh Kumar Bajaj, Executive Director of the Bank, retired from services on superannuation. He demitted office on June 30, 2025 and ceased to be Executive Director with effect from July 1, 2025. The disclosure was made under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The bank has not yet announced a replacement for the position.
This is a routine leadership transition due to superannuation. Shareholders should watch for the appointment of a new Executive Director, as the position remains vacant which may create temporary uncertainty at the board level.