Karur Vysya Bank Ltd has informed BSE regarding "Re-appointment of CA Dr Chinnasamy Ganesan as Non-executive Independent Director of the Bank for second term".
KARURVYSYA · price
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Karur Vysya Bank's Board, at its meeting on March 4, 2026, approved the re-appointment of CA Dr Chinnasamy Ganesan (DIN: 07615862) as Non-Executive Independent Director for a second term of five years, effective April 25, 2026 to April 24, 2031. The re-appointment is subject to shareholder approval. Dr Ganesan is a Chartered Accountant with over 29 years of experience in audit, financial reporting, taxation, and corporate advisory, and has previously served as an Independent Director on the boards of Belstar Microfinance and RailTel Corporation. The Bank confirmed he is not debarred from holding directorship by SEBI or any other authority.
This is a routine governance action with no material impact on the stock; continuity of an experienced independent director supports board stability but does not change the Bank's business outlook or financials.