Management Change13 Aug 2026, 04:50 pm
Bank of Maharashtra Appoints Naresh Kumar Vashisht as Director
AI Summary
Bank of Maharashtra has announced the appointment of Shri Naresh Kumar Vashisht as a Part-time Non-official Director on its Board. This appointment, made by the Central Government via a notification from the Department of Financial Services, is effective from August 12, 2026, for a tenure of three years or until further orders. Shri Vashisht brings extensive professional experience in the construction sector, including project execution, business operations, and workforce management. He holds M.Com and MBA qualifications and is not related to any existing directors. His appointment complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Shri Naresh Kumar Vashisht appointed as Part-time Non-official Director.
- Appointment is for a tenure of three years, effective August 12, 2026.
- Director has extensive experience in construction and HRD.
- No relationship with existing directors; no regulatory debarment.
- Appointment is in compliance with SEBI regulations.
Price Impact
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