Mr. Subhash Shankar Malik has ceased to be a Director of the Bank w.e.f. 08.05.2026 on completion of his term.
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UCO Bank has announced that Shri Subhash Shankar Malik has ceased to be a Part-time Non-Official Director on the Board of Directors. He was appointed for a three-year term starting 08.05.2023 under a Government of India notification. His directorship ended at the close of business hours on 07th May, 2026 upon completion of his tenure. This is a routine, pre-scheduled completion of term for a government nominee director, not an early or unexpected departure. The bank has filed this intimation under SEBI Listing Regulations, 2015.
This is a routine board composition change with no impact on shareholders or stock price. Government nominee directors typically do not affect the bank's operations or strategy, and their term completions are planned events.