
Management Change23 Oct 2026, 05:40 pm
DCB Bank Re-appoints Independent Director Thiyagarajan Kumar for 3 Years
AI Summary
DCB Bank Limited announced the re-appointment of Mr. Thiyagarajan Kumar as a Non-Executive (Independent) Director for a second consecutive term of three years, effective February 10, 2027, to February 09, 2030. This decision was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. Shareholder approval will be sought for this re-appointment. Mr. Kumar has over 37 years of experience in finance, commercial, governance, and audit functions with companies like Unilever and Times Group. He is not debarred from directorship and is unrelated to other key personnel.
Key Highlights
- Re-appointment of Mr. Thiyagarajan Kumar as Independent Director approved.
- Second term of three years from Feb 10, 2027, to Feb 09, 2030.
- Board approval received, subject to shareholder consent.
- Director brings over 37 years of extensive business experience.
- No conflicts of interest or debarment from directorship.
Price Impact
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