Kotak Mahindra Bank Limited has informed the Exchange regarding Cessation of Mr Ashok Gulati as Independent Director of the company w.e.f. March 05, 2026.
KOTAKBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kotak Mahindra Bank has informed the stock exchange that Mr Ashok Gulati has ceased to be an Independent Director of the bank with effect from March 5, 2026. The announcement does not specify the reason for the cessation, which could be the end of his tenure, retirement, or personal reasons. The bank has not indicated any governance concerns linked to this change. No replacement director has been named in this filing.
This is a routine board-level change and unlikely to materially affect the bank's operations or stock price. Shareholders may want to watch for a subsequent announcement regarding the appointment of a new Independent Director to fill any vacancy on the board.