Karur Vysya Bank Limited has informed the Exchange about change in Management
KARURVYSYA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Karur Vysya Bank has informed the stock exchanges that Shri Shekhar Ramarajan, General Manager & Head of the Corporate & Institutional Group (CIG), has resigned from the bank effective April 13, 2026, citing personal reasons. His tentative relieving date is July 12, 2026, based on the bank's standard three-month notice period, though an earlier date may be mutually agreed. The CIG division falls under the Executive Director's oversight, and the bank states it has sufficient internal leadership to ensure continuity without disruption. No new appointment or replacement details have been announced in this filing.
This is a routine mid-level senior management exit and is unlikely to materially affect shareholders, as the bank has confirmed operational continuity through existing internal leadership. Investors should watch for any subsequent announcement regarding a permanent replacement for the CIG head role.