Manasa Gangotri Kata replaces Samir Kumar on Indian Bank board

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INDIANB · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-0.9%Reaction day

₹837.15

prior close

₹832.40

announcement price

After-mkt

timing

Nifty Midcap 150market+1.1%-1.9% vs market

Public Sector Bank peers, median of 11sector+0.6%-1.4% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Midcap 150 and 1.4 pts less than its Public 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

-1.3

10m

-1.3

15m

-0.8

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9+1.1-1.9+0.6-1.4

Next day

+0.3+2.0-1.7+1.3-1.0

-0.1pendingpending+0.4-0.5

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15d

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UpDownMarket · Nifty Midcap 150Sector · Public Sector Bank peers, median of 11Pending

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

AI summary

Indian Bank announced that Manasa Gangotri Kata, a Government of India Ministry of Finance nominee, joined its board on 23 October 2026. She replaces Samir Kumar with immediate effect and serves until further orders. The bank stated that she is not related to other directors and is not debarred from holding office.

Likely market impact

This government-nominee board change has no direct effect on the bank's operations or earnings.