The Jammu & Kashmir Bank Limited has informed the Exchange regarding Appointment of Mr Mandeep K Bhandari IAS as Non- Executive Director of the company w.e.f. August 26, 2025.
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Jammu & Kashmir Bank has re-appointed two IAS officers — Dr. Pawan Kotwal and Dr. Mandeep K Bhandari — as Rotational Directors on its Board, effective August 26, 2025, following approval at the Annual General Meeting. Both are AGMUT-cadre IAS officers: Dr. Kotwal currently serves as Chief Secretary of UT of Ladakh, while Dr. Bhandari is Principal Secretary to the Lieutenant Governor of J&K and also holds charge as CEO of the Amarnathji Shrine Board. The directors are liable to retire by rotation, and neither has any inter-se relationship with other directors nor is debarred by SEBI from holding directorship. The bank continues to have government-nominated (IAS) representation on its board, consistent with its status as a partly state-associated lender.
This is a routine re-appointment of existing government-nominated directors and is unlikely to materially affect the stock price or shareholder value. It maintains continuity on the board with no change in leadership or strategic direction.