Announced Fri, 27 Jun · 17:56 IST

Sbi Cards And Payment Services Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

SBICARD · price

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

SBI Cards has informed the exchanges that Dr. Tejendra Mohan Bhasin, a Non-executive Independent Director, completed his second term on the Board on June 27, 2025, and accordingly ceased to be a Director with effect from the close of office hours that day. The company recorded its appreciation for his contributions during his tenure. No replacement appointment was announced in this filing.

Likely market impact

This is a routine governance event with no immediate impact on operations or financials. Shareholders should watch for a separate announcement regarding the appointment of a new Independent Director to fill the vacancy and maintain the required board composition.