UCO Bank has informed the Exchange regarding Cessation of Mr Ravi Kumar Agrawal as Part time Non Official Director of the Bank w.e.f. April 11, 2026.
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UCO Bank has informed the exchanges about the cessation of two Part time Non-Official Directors — Shri Ravi Kumar Agrawal and Shri Anjan Talukdar — effective close of business hours on 10th April 2026. Both directors were appointed on 11th April 2025 for a one-year term under section 9(3)(h) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. Their departure is due to natural completion of the appointment term, not resignation or removal. As government-nominated directors, their exit does not indicate any governance concern or dispute. The bank has filed this disclosure under SEBI Listing Regulation 30.
This is a routine board composition change with no adverse implications for shareholders. Government nominees typically rotate after their term ends, and this does not signal any operational or financial concern for the bank.